Comments for Business Bankruptcy Law | Small Business Bankruptcy Laws

Comment on Kodak Share Value During Bankruptcy? by JoeyV

JoeyV — Sun, 15 Jan 2012 00:01:18 +0000

Another round of bankrruptcy questions. Every time some company goes bankrupt people come on YA asking if they should buy the stock.

In nearly all instances, the bankruptcy judeg cancels the old shares as part of the bankruptcy settlement. For example, GM’s old shares were cancelled and are worth nothing now. In rare cases, all the debt is paid off and the stock is not cancelled. Currently, 2-year EK unsecured debt is selling at 30 cents on the dollar meaning that the bond market thinks there is almost no chance that this debt gets paid off. That means that if EK declares bankruptcy, you can get bet your bottom dollar that the stock will ultimately be cancelled by the bankruptcy judge. There is no chance that EK sells patents for $2B.

Comment on I want to study law, but I do not want to become a lawyer.? by open4one

open4one — Wed, 14 Dec 2011 00:02:58 +0000

There are a couple of places you might check for a course or two that might help. One is local colleges, look for a course in "Business Law". It’s a brief course taught like law courses, but for people that don’t want to be lawyers, or even necessarily know one, they just want to know how to avoid lawyers, or make any required contact brief as possible.

There may be some books at a large bookstore or online bookstore. "Credit Law for Dummies" or something.

The local Bar association might offer free classes for laypersons on the subjects you are interested in.

Once you have a short basic course, you should be able to find the statutes (federal or state) online, and find what you need, and maybe even read it (I say "maybe" because some are baffling even to lawyers.)

Comment on I want to study law, but I do not want to become a lawyer.? by Arthur

Arthur — Wed, 14 Dec 2011 00:02:58 +0000

Check your local community college and see what kind of legal courses they offer. They might offer some for people who want to go into law enforcement or become paralegals.

Comment on I want to study law, but I do not want to become a lawyer.? by wizjp

wizjp — Wed, 14 Dec 2011 00:02:58 +0000

Lots of places offer much less expensive paralegal degrees.

Comment on bankruptcy laws in qatar? by Pork Patty

Pork Patty — Sat, 10 Dec 2011 00:00:11 +0000

The Qatari Bankruptcy Lawyers tend to congregate in the "Relationships" section of Yahoo Answers, and are online from 5am to 11 am, Greenwich Mean Time, Thursdays.