This is discouraging. I’m unfamiliar with Chapter 11 requirements for business. Will all their assets be liquidated? Sad to see the state of affairs when media outlets are deplatformed and forced into lawfare to defend their right to speak.
Its not that bad. Its all formatted to help the business and creditors. Usually all bill payments are stopped and piece by piece a judge goes through finances to see what can be paid and what needs to be settled to get the business back on track.
This is discouraging. I’m unfamiliar with Chapter 11 requirements for business. Will all their assets be liquidated? Sad to see the state of affairs when media outlets are deplatformed and forced into lawfare to defend their right to speak.
Its not that bad. Its all formatted to help the business and creditors. Usually all bill payments are stopped and piece by piece a judge goes through finances to see what can be paid and what needs to be settled to get the business back on track.