Why Are So Many Restaurant Chains Filing For Bankruptcy This Year?

Stretto co-CEO Jonathan Carson comments that in this situation, a challenging economic environment, post-pandemic recovery issues, rising labor costs, changing consumer habits and inflation have caused more restaurants to struggle in 2024 and those issues have also impacted other sectors of the economy. As interviewed in FoxBusiness.

A Small-Business-Friendly Bankruptcy Provision Is Spiraling Toward a Friday Expiration

Stretto co-CEO Jonathan Carson comments that Subchapter V has become a widely used strategic tool for distressed small businesses that’s been recognized nationally by bankruptcy courts, and gives small businesses a better shot to survive and come back out as a profitable contributing member of our business society. As interviewed in Inc.

Small-Business Owners Will Lose A Covid-Era Option For Bankruptcy Filings Unless Congress Acts

Stretto co-CEO Jonathan Carson explains that for smaller businesses filing Chapter 11 bankruptcy reorganization, Subchapter V is a better process. Chapter 11 can be expensive, burdensome, and be laden with paper documentation requirements.  And it can be daunting for a smaller business owner. As interviewed in American City Business Journal.

Understanding The Role Of The Independent Director In Bankruptcy

Stretto Managing Director Michael A. Cohen and Attorney Jeff Gleit with ArentFox Schiff examine the integral role independent directors can play in guiding companies through the restructuring process in Turnaround Management Association’s Journal of Corporate Renewal November issue.

A Trustee’s Guide To Preference Portfolio Monetization

Stretto Managing Director Dan McElhinney and Attorney Thomas E. Springer discuss the best practices for Trustees to follow to efficiently and successfully monetize preference portfolios for Chapter 7 and Chapter 11 liquidations and maximize recoveries in the ABI Journal November 2023 issue.

Types Of Bankruptcy – 6 Options Explained

When a distressed company chooses Chapter 11, they retain control of their assets and can stay in business, explains Jonathan Carson, Co-CEO of Stretto, as interviewed in Business Insider.

Treasury Management For Fiduciaries In The Wake Of Recent Bank Failures

Stretto Managing Director Anthony Facciano and Otterbourg P.C.’s Dave Castleman explore what the recent turmoil in the U.S. banking system has brought to the cash management options and needs of fiduciaries involved in receiverships and bankruptcies in the New York Law Journal.

What Is Chapter 11 Bankruptcy?

While no company wants to declare bankruptcy, a company can emerge from a successfully executed Chapter 11 bankruptcy stronger, healthier, and more profitable, says Jonathan Carson, Co-CEO of Stretto, as interviewed in Business Insider.

Bankruptcy Fiduciaries Must Chart New Territory In Managing Cryptocurrency

Stretto Co-CEO Eric Kurtzman and Stretto Chief Information Security Officer Justin Doles examine the considerations fiduciaries should apply to cryptocurrency accounts that don’t apply in the same way to traditional U.S. dollar accounts in the Journal of Corporate Renewal.

Preference Due Diligence In The Crypto Winter

Stretto Managing Director Dan McElhinney and Michael Rosella discuss the ability of cryptocurrency debtors to conduct due diligence and obtain the necessary information to assess affirmative defenses in the New York Law Journal.