• Ep 6 How To Pick A Lawyer, Litigation (Guest Kim Lynch)

  • Nov 2 2021
  • Length: 41 mins
  • Podcast

Ep 6 How To Pick A Lawyer, Litigation (Guest Kim Lynch)

  • Summary

  • **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?
    9:33 – Interviewing law firms. How to choose the best one
    11:50 – How the client processes answers to their questions
    13:18 – How important are personal feelings when selecting a bankruptcy attorney
    14:17 – The cost to file the bankruptcy petition
    14:47 – Is a sole practitioner at a disadvantage?
    15:48 – The different components of a bankruptcy and costs
    19:11 – How can a company afford to pay attorneys
    20:25 – Can the attorney help to resolve hard disputes
    22:14 – What if a creditor does not want to accept a restructuring plan
    24:22 – Litigation in an out of court restructuring plan
    24:43 – Avoid new lawsuits when advising them the company is in distress
    27:45 – Closing thoughts
    33:12 – Overtime

    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

    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

    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.

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