Corporate Bankruptcy A to Z (Neil Goldstein)
Explorez tous les épisodes de Corporate Bankruptcy A to Z
| Date | Titre | Durée | |
|---|---|---|---|
| 22 Feb 2022 | Bonus Ep 2 DIP Lending (Guest Mike Fussell with Aegis) | 00:37:06 | |
**Warning: This podcast is not a substitute for professional financial or legal advice. Be sure you speak to a CRO or Lawyer before filing for Bankruptcy.** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. 04:17 – What is Debtor in Possession Lending (DIP loan) Guest Info: Call him 813-437-2511 Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 16 Feb 2022 | Bonus Ep 1 Merchant Cash Advances / MCAs (Guest Marc Mellman with MCA Stacking Solutuions) | 00:39:10 | |
**Caution: Be sure you speak to a CRO or Lawyer before filing for Bankruptcy. This podcast is meant to educate and is not financial or legal advice** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. 05:19 – Definition of a Merchant Cash Advance, MCA Guest Info: Call him (973) 868-0767 or email mmellman@mcastackingsolutions.com Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 22 Jul 2021 | Trailer: Corporate Bankruptcy A to Z | 00:01:24 | |
Welcome to Corporate Bankruptcy A to Z, a show designed to Educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Your show host is Neil Goldstein, AKA “the Workout Guy”, A Chief Restructuring Officer who has spent the last 25 years helping over 75 clients take on the bankruptcy process. Alongside him is co-host and legal expert, Stephen Ravin, of Saul Ewing Arnstein & Lehr law firm. He is a 2nd generation bankruptcy lawyer, with over 40 years legal experience his under belt. | |||
| 07 Sep 2021 | Ep 1 What Is Bankruptcy? (Guest Stephen Ravin) | 00:28:33 | |
**WARNING**: Trying to negotiate the bankruptcy process alone can be as foolish as jumping out of an airplane without checking your parachute. Our Panel of experts all recommend you get professional help in making that decision** Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. In this first episode we will be talking about the two main filing options, the 7 and 11 (not the chain of convenience stores but the bankruptcy chapter names). We will talk about how a company knows if it is a candidate for a filing, advantages and disadvantages, the chances of a successful bankruptcy and much more. Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call him any time 24/7, 973-286-6714. Or email him sravin@saul.com You can also visit his firm's website. Host Information: Neil Goldstein is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Call 940-808-9451 or Email neil@elementarybusiness.com or visit ElementaryBusiness.com
Join us next episode to learn if your business is a candidate for a bankruptcy filing. Our special guest will be Tom Colvin of MCR Capital Advisors. Listen in on the conversation as Tom shares his decades of experience with Neil and Steve and they discuss the Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 07 Sep 2021 | Ep 2 Who Should File? (Guest Tom Colvin) | 00:33:10 | |
Please: The hosts and guests of Corporate Bankruptcy A To Z all consistently preach that you need to speak with a professional before deciding to file for bankruptcy.** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. This episode will cover what conditions a company experiences when considering a filing, asset and liability ratios, which professionals might help in making the decision to file and much more. Guest Info: Call him at 214-575-9985 or email him colvint@mcrapitaladvisors.com or you can go to their website here. Host Info: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Call 940-808-9451 or Email neil@elementarybusiness.com or visit ElementaryBusiness.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714. Or email him sravin@saul.com You can also visit his firm's website. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 07 Sep 2021 | Ep 3 Part 1 Alternatives to Bankruptcy (Guest Nick Jalowski) | 00:37:40 | |
Caution: Be sure to seek professional advice before you decide to file for bankruptcy. Consider and feel free to reach out to Neil, Steve, or any of their guests before you take this major step.** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. Highlights: Guest Info: Call him at 732-512-9200 x15 or email him nbj@cambridgefinancialcorp.com if you have any questions. Host Info: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Call 940-808-9451 or Email neil@elementarybusiness.com or visit ElementaryBusiness.com. Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714. Or email him sravin@saul.com You can also visit his firm's website here. Be sure to come back for our next episode where co-host, Stephen Ravin, talks Neil through the other legal options to filing bankruptcy. This episode is essential for anyone looking for an option that is less expensive and less difficult than a bankruptcy filing. Steve will cover an assignment for the benefit of creditors and much more.
Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 07 Sep 2021 | Ep 3 Part 2 Alternatives to Bankruptcy (Guest Stephen Ravin) | 00:37:59 | |
Remember: If you take one thing away from this show, its that you need to seek professional help before making a decision about filing or not filing for bankruptcy** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. This episode is part 2 of our series on alternatives to filing for bankruptcy. Our special guest is co-host, Stephen Ravin. Listen in as he talks Neil through the other legal options to filing bankruptcy. This episode is essential for anyone looking for an option that is less expensive and less difficult than a bankruptcy filing. Guest Info: Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call him any time 24/7, 973-286-6714. Or email him sravin@saul.com, you can also visit his firm's website here. Host Information: Neil Goldstein is the founder of Elementary Business inc., a specialized consulting firm for distressed businesses and entities in transition. Neil works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Call 940-808-9451 or Email neil@elementarybusiness.com or visit ElementaryBusiness.com Our next episode will be about Bankruptcy traps, and will be in 2 parts because there is so much to cover. Our special guest for part 1 will be Josh Eppich of Bonds Ellis Eppich Schafer Jones LLP. Tune in next time as he talks to Neil and Steve about Bankruptcy traps related to ownership, lookback periods, and more.
Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 21 Sep 2021 | Ep 4 Part 1 Bankruptcy Traps (Guest Josh Eppich) | 00:46:15 | |
NOTE: This podcast is not a substitute for professional consul. Consider reaching out directly to any person on this show if you have further questions before taking action on your own.** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. 6:47 - Josh discusses the traps of a bankruptcy Guest Info: Host Info: Call 940-808-9451 or Email neil@elementarybusiness.com or visit ElementaryBusiness.com. Visit his Blog here Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714. Or email him sravin@saul.com You can also visit his firm's website. Next episode will be part 2 in our segment on bankruptcy traps. Our special guest will be Michelle Novick of Saul Ewing Arnstein & Lehr LLP. Listen in on the conversation as she answers questions like “Whos cash is it?” and “What are the different classes of creditors?”. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 05 Oct 2021 | Ep 4 Part 2 Bankruptcy Traps (Guest Michelle Novick) | 00:49:17 | |
**Remember**: Bankruptcy is not a DIY project, Consult a professional before deciding if bankruptcy is right for you. Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. Find more at corporatebankruptcyatoz.com Michelle G. Novick is a partner in Saul Ewing Arnstein & Lehr’s Chicago office. Michelle is an experienced insolvency professional with a reputation for thinking "outside the box" and finding practical, efficient solutions to clients' financial and legal problems. Michelle has represented clients on every side of a transaction in corporate bankruptcy proceedings. She has successfully handled contested and complex arbitrations, addressing contract disputes involving complicated payment terms and has navigated profit and not-for-profit companies through bankruptcy restructurings and sales. Call her at 312-876-7899 or email Michelle.Novick@saul.com if you have any questions. Host Information: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Neil's book is now available on Amazon.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714. Or email him sravin@saul.com Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 19 Oct 2021 | Ep 5 The Plan (Guest Maris Kandestin) | 00:51:55 | |
**Caution to the Listener** We recommend you seek professional counsel before deciding if Bankruptcy is the only or best option for your company. Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. Find more at corporatebankruptcyatoz.com 6:59 – The bankruptcy plan and disclosure statement 7:37 – What is a plan and why it is necessary 9:05 – Significance of disclosure statement 10:47 – How many years the plan should cover 13:22 – What makes a plan acceptable 14:47 – Cash flow 15:15 – Projected profitability 15:46 – The creditor’s position 18:27 – The 1111b election – used by creditors 22:24 –Debt from prior to the bankruptcy filing 24:26 – Court costs and who pays them 25:42 – How creditors get paid 27:27 – What happens if the company cannot pay creditors after the plan has been accepted 25:40 – Can the company pay creditors early? Can it be less 32:19 – Convenience class 33:33 – Can the company pay a different amount to creditors? 34:20 – Parting words 40:36 – Overtime Maris Kandestin focuses her practice on bankruptcy and restructuring, with an emphasis on debtor-side, complex Chapter 11 representations. In addition to representing companies in Chapter 11, she represents equity holders, secured lenders, and other creditors and parties in interest. Maris also represents foreign representatives in Chapter 15 proceedings and advises clients in connection with out-of-court restructurings. Call her at 302 485 3940 or email Mkandestin@mwe.com if you have any questions. Host Information: Neil Goldstein is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Neil's book is now available on Amazon.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714 or email sravin@saul.com Be sure you subscribe the podcast and please consider leaving a 5 star review. New episodes air, every other Tuesday. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 02 Nov 2021 | Ep 6 How To Pick A Lawyer, Litigation (Guest Kim Lynch) | 00:41:17 | |
**Caution to the Listener** We recommend you seek professional counsel before deciding if Bankruptcy is the only or best option for your company. Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. Find more at corporatebankruptcyatoz.com 5:55 – Are the Bankruptcy rules and laws the same in every state? Kim Lynch of Forman Law, focuses her practice in the field of bankruptcy law and represents trustees, fiduciaries, and debtors in Chapter 7, 11 and 13 bankruptcy cases. Ms. Lynch has successfully represented clients in Chapter 11 corporate cases involving real estate, trucking, manufacturing, retailing and internet services industry. In many of these cases, she resolved complicated lien issues, resulting in the client’s successful reorganization. Call her at 201-845-1000 or email klynch@formanlaw.com. Host Information: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Neil's book is now available on Amazon.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714. Or email him sravin@saul.com Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 16 Nov 2021 | Ep 7 The Petition (Guest Areya Holder) | 00:40:45 | |
**Keep in mind** This podcast is not a substitute for professional council. Consult an expert before filing for Bankruptcy Protection. Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. Find more at corporatebankruptcyatoz.com 09:29 – What a voluntary petition is and its purpose 10:11 – Forms to file and why are they so long and the importance of DISCLOSURE 14:14 – Where and how the forms are filed 16:01 – A case study where the CRO is hired by the company prior to the filing 17:03 – How to report cash on the form and timing for a filing 19:14 – Monthly operating Report (MOR) cash balances to report 24:19 – Amending Bankruptcy schedules 25:14 – Details needed for machinery, equipment, and similar assets 27:34 – Should the company be concerned about disclosing Intellectual Property details 28:59 – When company’s change their mind about filing a bankruptcy 30:16 – Definition and rights of a secured creditor and their priority 37:19 – Unsecured creditors, reconciling claims versus company books 39:03 – Company contracts and leases 42:32 – Look back periods for insiders (owners) 43:48 – Attorney’s perspective on how a company filed the forms 44:47 – Hardest forms to complete - Statement of financial Affairs 46:29 – Will the information submitted by the company be used by others 48:08 – Closing thoughts Since the start of her legal career, Areya Holder has focused on bankruptcy work for consumers and businesses in Texas. She established her private practice in 2003 after working for six years as an attorney for the Dallas Chapter 13 Bankruptcy Trustee. Call her at 972-438-8800 or email her amy@holderlawpc.com. Host Information: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Neil's book is available on Amazon.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 30 Nov 2021 | Ep 8 Immediate Changes (Guest Chris Bailey) | 00:40:40 | |
**Caution** Seek professional legal advice before deciding if bankruptcy protection is what your company needs. Episode 8 – Chris Bailey 06:55 – The paperwork is filed, what happens next. Christopher A. Bailey focuses his practice on bankruptcy and restructuring. He represents both debtors and creditors in complex corporate reorganizations and bankruptcy litigation throughout the United States. Mr. Bailey's experience includes representing financially distressed entities across various industries, including healthcare, real estate, and energy. You can reach him at 214-969-1784 or email Chris.Bailey@hklaw.com. Host Information: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Neil's book is available on Amazon.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors and receivers. Call 973-286-6714. Or email him sravin@saul.com Do you have any concerns about the bankruptcy process and how it will impact your business? Why not ask the experts? Feel free to reach out to Neil or Steve with your questions and you may even hear them answered in the mail bag. Be sure you subscribe the podcast and please consider leaving a 5 star review. New episodes air, every other Tuesday. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 14 Dec 2021 | Ep 9 Upon Filing What Changed (Guest Jason Manfrey) | 00:35:40 | |
**Warning** This podcast is not meant to be a substitute for Legal and Financial advice. Get a professional's opinion before filing for Bankruptcy Protection. 06:04 – Approval of cash collateral Jason Manfrey An experienced bankruptcy attorney, Jason has appeared before the Third Circuit, as well as bankruptcy and district courts throughout Pennsylvania, New Jersey and Delaware. He has guided clients in structuring sales of coal and natural energy companies and their mining/mineral lease rights through Chapter 11 bankruptcy. Jason also has significant experience in the automotive industry, including the largest Porsche dealership in the Commonwealth of Pennsylvania. You can reach him at 215-299-2122 or email jmanfrey@foxrothschild.com. Host Information: Neil Goldstein (AKA the Workout Guy) is the founder of Elementary Business inc. a specialized consulting firm for distressed businesses and entities in transition. Mr. Goldstein works closely with owners to structure improvements in both operations and finances. With many successes in his portfolio, Mr. Goldstein focuses on the needs of the owner to achieve results in profitability, sale of the company or finding a partner for growth. Neil's book is available on Amazon.com Stephen B. Ravin is a highly seasoned insolvency and bankruptcy attorney, with more than 40 years experience. He has served as a trustee and has represented trustees, individual and corporate debtors, creditors, creditors’ committees, assignees for the benefit of creditors a Want more content? Then head over to Patreon Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 28 Dec 2021 | Ep 10 Contracts And Court Meetings (Guest Joe Marshal) | 00:36:14 | |
NOTE: This podcast is not a substitute for professional consul. Consider reaching out directly to any person on this show if you have further questions before taking action on your own.** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. Email your questions for the experts to neil@elementarybusiness.com and to sravin@saul.com Their door is always open and they will respond. 06:33 – First day hearings Want more content? Then head over to Patreon and become a member. Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||
| 11 Jan 2022 | Ep 11 Working In Bankruptcy (Guest Marcus Helt) | 00:37:22 | |
**Warning: This podcast is not a substitute for professional financial or legal advice. Be sure you speak to a CRO or Lawyer before filing for Bankruptcy.** Welcome to Corporate Bankruptcy A to Z, a show designed to educate you on the ins and outs and the dos and don'ts of corporate bankruptcy. On this show, you will hear experts from every step of the bankruptcy process answer the questions that you will need to know, from the simple to the complex. 3:55 – Corporate by-laws and other documents leading to bankruptcy 6:20 – Remedies when the corporate by laws are inadequate. 7:20 – Presenting a plan to the court – the right timing 9:45 – What is in the plan 10:37– Debts are paid over a flexible period. 13:10 – Who prepares the plan? 14:08 – What happens to the plan after it has been submitted - Disclosure statement 16:12 – Interested parties get to see the plan. 17:35 – Should the company fear publishing too much information? 18:08 – Days Court needs to review the plan 19:17 – Are most plans confirmed? 20:39 – Procedure for creditors to discuss the company’s plan 21:51 – Interested parties can submit their plan after the exclusivity period 22:53 – How does the court select the best plan to confirm 23:55 – Any consideration given to the existing owners 24:41 – Advice to clients when preparing a plan 25:56 – Principals and new value that needs to be added 27:23 – After confirmation 28:12 – After exiting bankruptcy Guest Info: Want more content? Then head over to Patreon and become a mem Want more content? Then head over to Patreon and become a member. On Patreon we are working on a catalogue of bonus episodes and you can hear the answers to your questions from a business perspective instead of just a legal one. If you want more direct access to Neil and Steve or want to supplement the education you are already getting here, then follow the link in the show notes below and become a Patron today. | |||