The COVID-19 pandemic is doing more than putting our normal daily life on hold, it’s also transforming entire industries. From airlines to restaurants, retail to manufacturing, the COVID-19 pandemic has had a far-reaching effect on businesses, with more than 5,500 declaring Chapter 11 bankruptcy between January and September of 2020. One of the resources companies […]
NEW YORK, July 29, 2020 /PRNewswire/ -- Pravati Capital, leading litigation finance pioneer and consulting firm, today announced four new members to its esteemed leadership team, each complementing the firm's outstanding services and legal insight. Joining Pravati Capital, Bruce Cohen, Douglas Smith, Scott Potter and Shane Ham will bolster the company's litigation practice with specialized experience to better serve clients. The accomplished new additions […]
Law firms serving Chapter 11 clients must be talented multitaskers. These attorneys must skillfully navigate bankruptcy laws while adeptly advising clients on business plans and collection matters. Also known as a debtor-in-possession (DIP), a person or entity that has filed for reorganization under Chapter 11 bankruptcy laws needs the one thing it lacks to move […]