In the Northwest bankruptcy case, labor agreements with the unions included claims that could be sold for cash or converted into stock in the new Northwest. The claims are designed to partially compensate the union workers for their financial sacrifices. Here are the claim values for the major unions at Northwest: $888 million Air Line Pilots Association $182 million Association of Flight …
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(ARA) - If you’re carrying thousands of dollars in credit card debt, struggling to pay the rent every month and getting calls from collections agencies, you might be considering bankruptcy. Yet for almost all circumstances, a good financial advisor will tell you that’s the last thing you should do.
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When businesses face financial trouble, they usually wait until they have no other options before consulting a bankruptcy attorney. However, proper counsel can actually help companies remain profitable and out of court. Understanding how bankruptcy attorneys can add value to a business in many ways can be critical to success.
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Deborah Williamson’s online practice profile at Cox Smith Matthews Inc. paints a picture of a renowned bankruptcy attorney with plenty of substance.
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