Reorganizations Under Chapter 11 of the Bankruptcy Code is the most complete and up-to-date one-volume treatment of this important business-planning tool. It contains a thorough discussion of Chapter 11 law and practice, including significant changes in: exclusivity; key employee retention plans; pre-petition severance pay; the debtor's ability to retain turnaround specialists; conversion and dismissal of cases; the obligation of creditors' committees to share information with members of the constituencies; and the way in which small business and single-asset real estate cases are conducted. This authoritative volume also brings you legal analysis and practical guidance on such subjects as: bankruptcy court jurisdiction; voluntary and involuntary petitions; creditors' committees; managing and operating the debtor and its business, including obtaining post-petition financing; treatment of secured creditors; dealing with executory contracts and unexpired leases; filing and allowance of proofs of claims and interests; the content, modification and confirmation of plans of reorganization, including a discussion of how claims may be classified; the effect of plan confirmation; and post-confirmation appeals and plan consummation. Reorganizations Under Chapter 11 of the Bankruptcy Code will keep you current on the latest statutory and regulatory developments while briefing you on the often conflicting decisions handed down by the courts

The ambition of the Chapter 11 system is enormous. Failing businesses can file a petition in bankruptcy, give themselves some breathing room, and take a final chance to save their businesses. Large or small, desperately sliding into collaspe or merely in serious trouble, a company can attempt to reorganzie or, if necessary, can arrange a more orderly burial. This book is about that system... This is a small book that tours a large system, guided on the one hand by the statutory structure and on the other by how the system operates in practice. This book sacrifices coverage of every possible twist in favor of a more coherent overview that exposes some of the tensions, the contradictions, and the genius that comprise Chapter 11. Whatever else may be learned from this book, I hope these pages give a sense of just how interesting the world of business failure and rebirth can be - Elizabeth Warren.