March 2009
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Inside the Minds: Creditors’ Rights in Chapter 11 Cases
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This article provides a thorough summary of creditors' rights under Bankruptcy Laws and guidance for creditors prior to and during a debtor's bankruptcy filing. The author also discusses the warning signs that indicate a debtor is financially troubled, remedies for a debtor's default, basic elements of a Chapter 11 filing, how to exercise creditors' rights, the reorganization process and current trends in Chapter 11 cases.
Michael L. Molinaro is a partner in the Chicago office of Loeb & Loeb LLP. Mr. Molinaro’s national practice focuses on complex bankruptcy, reorganization, and commercial law matters, representing parties in all facets of bankruptcy proceedings and out-of-court workouts and restructurings. He can be reached at 312.464.3166 or at
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Permission for article reprint has been granted from Aspatore Books.