Jason Rodriguez authors “A Lender’s First Line of Defense May be the Debtor’s Own Chapter 11 Plan” for Lenders 360

Jason Rodriguez authors a blog at lenders360blog.com. Read the post below.

On occasion I have thought that a chapter 11 bankruptcy case is somewhat analogous to a trip on a plane in a few ways. Among other analogous events, consider checking a bag and then forgetting to pick it up on the conveyor belt after the flight lands. It would be easy enough to do – as the bag is riding in the cargo hold, perhaps it was simply forgotten. If that has ever happened to you, it’s likely you went back to pick up the bag from the airport. On the other hand, in a chapter 11 bankruptcy case, if the debtor-in-possession doesn’t pick up all of its assets when it exits bankruptcy, it will lose them forever…

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