Overview

Dealing with Serious Financial Challenges or Facing Chapter 11 Bankruptcy? What the author has termed ""The Club"" is a group of insider bankers, judges, major creditors, lawyers, investors, competitors, and consultants. Because they are so familiar with the system and have strong relationships with each other, they can often steer things in their collective favor, and sometimes at the expense of others, including their own clients! The Club has evolved from the structure and natural and innocent conditions of the Chapter 11 code, rules, and regulations. A Chapter 11 bankruptcy is primarily a negotiation process among attorneys of competing parties.How does a client control private negotiations between two lawyers representing opposite goals and sometimes having conflicts of interest with their own clients? When conflicts of interest occur, and an attorney places his or her own interest above the client's interest, The Club becomes operational and likely exists in most bankruptcy court jurisdictions. After revealing this author's non-fiction reality of the operations of The Club, this book's Appendices will then guide you to a methodology to minimize your company's risk of unforeseen and often unknown damages by The Club.

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9781918352887

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