Will
bankruptcy be the solution your business needs to survive?
As the economy continues to soften, businesses may pursue
bankruptcy for a variety of reasons. Burger King franchises in
South Jersey are seeking the protections of Chapter 11, and creditors of Live
Well Financial have filed a petition to put the company into
bankruptcy. The recent fire at Philadelphia Energy Solutions may force the refinery to
close a year after it emerged from bankruptcy. While the land may have value
after remediation,
refinery workers and satellite businesses are facing immediate financial
uncertainty.
Whether you are a debtor or creditor, when bankruptcy
impacts your interests, the experienced consultants at Asterion may be able to
assist you.
Litigation
risks are everywhere
For Zion
Williamson, it may be the best of times and the worst of times. The
NBA’s number one draft pick is facing a $100 million breach of contract suit in
a dispute over who will be his marketing representatives. The same might be
said about some of Tanium’s new hires, who are being sued for breach of
contract and other claims by their former employer, McAfee. Meanwhile, JetBlue is asserting a
trademark infringement claim against Walmart for naming some of its’ eCommerce
ventures Jetblack.
If you are involved in commercial litigation and need
assistance in determining the value of damage claims, consider contacting the
experts at Asterion.
FYI
The U.S. Supreme Court issued a decision in Iancu
v. Brunetti. The Lanham Act infringes on
the First Amendment.
Plus, a visualization of 2019’s most valuable brands.
Trends We’re Watching
M&A deals and cybersecurity
On the Lighter Side: When food and crime align.
They may be discovered in beautiful settings, but the business
side of truffles
can be dangerous. Ice
cream trucks have a dark side, too; and the Coast Guard is busting garlic
smugglers.
What’s Puzzling Us: Who gets paid to think of these things?
There is science behind why we laugh and what scares us. The marrot, a carrot made of meat, may satisfy both criteria. Thanks, Arby’s.The Thread Recommends:Learning to Spot Faked Videos.
Nobody wants to be fooled.
Spotlight on Bankruptcy Services
Asterion, Inc. has extensive experience providing consulting services to parties in interest in bankruptcy proceedings.