The Bankruptcy Tech

Recent Posts from The Bankruptcy Tech

• Six Flags files for Chapter 11

  Six Flags, the gigantic theme park operator whom everyone has thrown some money towards at one time or another, filed for Chapter 11 bankruptcy protection on Saturday in Delaware. The plan of reorganization has yet…

• VirginMobile to launch pre-paid Broadband2Go 3G Service

  I don’t think there is a person on this earth that doesn’t curse the day they entered into a two-year agreement with their cell carrier.  Those cancellation fees will kill you. Let’s face it: Nobody…

• Is the iPhone3GS really 2X faster than the iPhone3G?

  It is a well known secret that I used to run a computer hardware and gaming website roughly a decade ago. Times have changed, career paths have been altered, but I still can reminisce by…

• Google Apps now supports Outlook syncing

  Available for download is the Google Apps Tool for Microsoft Outlook that syncs your Google Apps contacts, email, and calendar with Microsoft Outlook 2007 or 2003. Is this the Microsoft Exchange killer? Probably not, but…

• iDisk iPhone App sounds great…for MobileMe users

  Apple’s native iDisk app for the iPhone enables MobileMe users to send and receive documents and videos too large for email attachments. Microsoft Office or iWork ’09 documents, PDFs, video files, and more are viewable…

• At the Lawyerist: 7 deadly sins of networking

  I recently authored a post at Lawyerist on the 7 deadly sins of networking. From the intro: Whether you are a year into setting up your own shop or a grizzled partner at a multinational…

• Personal liability for corporate debt Part III: Wrap-up

  In the previous two installments of this series of articles, I discussed two ways in which a shareholder or director of a bankrupt corporation could be held liable for its debts. First, if any shareholder…

• Personal liability for corporate debt Part II: Piercing the Corporate Veil

  Yesterday we discussed the liability of a primary shareholder who personally guaranteed the loans of her corporation. Today we will discuss the common and highly litigious occurrence of piercing the corporate veil, in which the…

• Personal liability for corporate debt Part I: Personal Guarantees

  There are a few things that a primary stockholder of a smaller corporation needs to know regarding the unfortunate event of her company’s failure and the inevitable bankruptcy to follow. In part one of this…

• Creditors: Corporate trade names are not appropriate for financing statements

  Creditors should be aware that when filing a U.C.C. financing statement centrally with the secretary of state and/or the clerk of the superior court in which the collateral is located, the appropriate name of the…