October 19, 2021

Jason Bank Discusses Planning for Chapter 11 Bankruptcy on OESA’s Automotive Insiders

In this episode, Jason explains how an automotive business in a Chapter 11 bankruptcy must prepare a comprehensive and realistic plan to restructure its financial affairs and demonstrate the plan has a reasonable chance of success with creditors, who are permitted to vote on it.

You can listen to this and past episodes of Automotive Insiders HERE. Please contact a Kerr Russell attorney for questions relating to this or other bankruptcy matters.

Jason W. Bank is the chair of the firm’s Bankruptcy and Restructuring Practice Group. He focuses his practice in the areas of commercial bankruptcy, out-of-court workouts, corporate restructuring and creditors’ rights. Jason has successfully guided numerous businesses through out-of-court restructurings and Chapter 11 reorganizations. He has negotiated resolutions of complex financial issues and debtor-creditor disputes and achieved consensual restructurings while avoiding bankruptcy or litigation.

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