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Articles Posted in Chapter 11 Bankruptcy and Financial Workouts

The Raleigh NC Chapter 7 and Chapter 11 Bankruptcy Lawyers at Hendren Redwine & Malone are providing legal advice during the Coronavirus outbreak.

There is little doubt that the spread of Coronavirus is wreaking havoc on our global and local economy.  The North Carolina board certified bankruptcy legal specialists at Hendren Redwine & Malone are available to discuss the financial strategies that can help you and your business navigate these challenging economic times.

For interested readers, here is an article published recently in our statewide legal newspaper featuring lawyer Rebecca Redwine and her knowledge of debt management during this crisis.  As noted in the article, the CARES Act has added some new dimensions to bankruptcy law which may allow greater financial flexibility to small businesses and individuals facing debt issues.

The Bankuptcy Attorneys at Hendren & Malone filed Chapter 11 for Raleigh-based One Renaissance, LLC in 2011 after its lender commenced foreclosure due to loan maturity.  One Renaissance obtained a confirmed Chapter 11 Plan from the United States Bankruptcy Court in the Eastern District of North Carolina, which provided the Debtor new, affordable long term financing.  The company expects to emerge from Chapter 11 by the end of the first quarter of 2012.

In January 2012 Millenium Print Group’s Plan of Reorganization was approved by the United States Bankruptcy Court, allowing it to emerge from bankruptcy successfully. 

The bankruptcy team at Hendren & Malone, PLLC is pleased that the company was able to make the necessary changes to become profitable and save many jobs in the community.

A Cary based developer, Wimberly Associates, recently filed a Chapter 11 bankruptcy petition in the Eastern District of North Carolina.  This filing, handled by the bankruptcy team at Hendren & Malone, was initiated to avoid foreclosure and ensure maximum return to creditors.

Click here for more on this filing.

 

The bankruptcy team at the Raleigh law firm of Hendren & Malone has recently filed a Chapter 11 bankruptcy petition for Mark Tipton, a longtime Raleigh developer.

For more on this recent bankruptcy filing, click here for the story in the Triangle Business Journal.

 

Hendren & Malone have filed a Chapter 11 bankruptcy for the One Renaissance office building in north Raleigh.  Representative tenants of the building include Waste Industries.  Click here for a link to an article in the Triangle Business Journal regarding this recent bankruptcy filing.

As reported by Channel 14 news, bankruptcy filings fell slightly in the Eastern District of North Carolina for September when compared to the previous year.  For more, click here.

If you have a bankruptcy question, call the bankruptcy Super Lawyers at Hendren & Malone.

Reports are that the 11-story Gateway project in downtown Wilmington has avoided foreclosure when the developer filed Chapter 7 bankruptcy.  For more click here.

If you have a Chapter 7 or Chapter 11 bankruptcy question, call Jason Hendren or Rebecca Redwine at Hendren & Malone.

Reports are that the Greensboro Ham’s restaurant recently closed despite being purchased out of bankruptcy several weeks ago.  Click here for more.

If you have questions about a North Carolina bankruptcy issue, call the lawyers at Hendren & Malone.

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