Domino Effect

Recently, hog producer Agfeed Industries filed for Chapter 11 bankruptcy protection.  One interesting factor about this bankruptcy is that, on paper prior to their filing, Agfeed did not set off any alarms about their financial condition.  The company had $244 million...

Europe Imports Chapter 11 Concepts

As reported in the Wall Street Journal, bankruptcy laws across Europe, particularly in France, Germany, Spain and Italy, are going through a makeover, and the model that is being used is Chapter 11 of the US Bankruptcy Code.  Until now, the vast majority of European...

Credit Insurance Flexibility

Credit Insurance – Available Options One misconception about credit insurance that I see frequently in talking with companies that are looking into it for the first time is that they assume that the insurance company will require that they insure all of their...