Bankruptcy is the state in which an entity is unable to pay its creditors, forcing a legal process to resolve payment of debts. There are six types of bankruptcy, with Chapters 7, 11, and 13 the most common. Chapter 7 bankruptcy is the basic liquidation of an individual's or entity's assets. Chapter 11 bankruptcy is the reorganization primarily of business debtors. Chapter 13 bankruptcy entails the rehabilitation and payment plan for individuals.
Gerson Lehrman Group Council Members are available to discuss Bankruptcy Accounting via phone consultations, live meetings, surveys, and other custom GLG products and services.
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Executive DirectorASSOCIATION OF INSOLVENCY RESTRUCTING
Executive DirectorASSOCIATION OF INSOLVENCY RESTRUCTING
PartnerNIXON PEABODY LLP
PartnerNIXON PEABODY LLP
Partner & Chair, Bankruptcy PracticeWILEY REIN LLP
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Interactive roundtables, private visits, and small scale seminars are types of GLG Live Meetings
May 20, 2010 | Webcast
Webcast: Credit and Distress-Auction Rate Securities, Structured Products, BankruptcyFebruary 9, 2011 | Webcast
Webcast: A Bankruptcy Foretold - UK Pension Debt (16:00 GMT / 11:00 AM EST)April 27, 2010 | Webcast
Webcast: Accounting for Derivatives (2:30 PM EDT/11:30 AM PDT)February 3, 2011 | Webcast
Webcast: Mortgage Putbacks - An Accounting Perspective (11:00 AM EST)June 23, 2011 | Webcast
Webcast: Oil and Gas Accounting (3:00 PM EDT)News analyses are expert commentaries on current events, written by Council Members who are available for follow up consultations
PT Arpeni Pratama staves of bankruptcy: Pyrrhic Victory?
June 28, 2011
Diran Majarian, Managing Director, Amalia Tankers Inc
Similarities with carbon accounting
July 13, 2011
Omega in bankruptcy: Test case for other weak listed shipping companies
July 26, 2011
Diran Majarian, Managing Director, Amalia Tankers Inc
IFRS and The Continuing Roundabout Discussion - Its Politics Not Accounting
July 16, 2011
Nitish Grover, Principal, Owner, Nitish Grover and Associates
Groupon: from $60M profitable to losing $420M in 2010, by changing accounting
August 11, 2011