Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers [Paperback]

Myles H. Alderman Jr. (Author)

Book Description

Publication Date: September 18, 2006

A Great Reference Source For Business Leaders and Their Professionals Each year billions of dollars of business credit and contracts are restructured under Chapter 11 of the United States Bankruptcy Code. In the process, substantial fortunes are reallocated. Debtors in Chapter 11 reorganizations range from some of the largest business entities in the world to small local businesses. When these companies file for protection from creditors under Chapter 11, new problems and opportunities are created. Mr. Alderman draws upon over twenty years of experience counseling clients to explain the key legal theories and offer practical and tactical advice to business leaders, stakeholders and their advisors. "This book should be a part of the libraries of management, practitioners and accountants. It is comprehensive." The Halyard Restructuring Group, LLC. "This well organized and comprehensive book will be a great asset for anyone on either side of a Business Bankruptcy." William Wright, President & Publisher, Park Ave Publishers Inc. "This book is a great reference source with a wealth of insightful information - No accounting firm's library will be complete without a copy." James E. Schultz, CPA, Sheptoff, Reuber & Co.

Editorial Reviews

About the Author

Attorney Myles Alderman has been representing debtors, creditors, creditors committees and other parties in interest in Chapter 11 Business Reorganizations and alternative business solutions since 1986. His clients include professional services firms, manufacturers, distributors, retailers and financial institutions ranging in size from closely held businesses to some the largest corporations in the world. In 2006, Mr. Alderman was designated one of the top lawyers in the area of Business Bankruptcy Law by the Law and Politics Magazine.

Mr. Alderman is a member of the Business Bankruptcy Section of the American Bar Association, The Business Bankruptcy Section of the American Bankruptcy Institute, and The Executive Committee of the Commercial Law and Bankruptcy Section of the Connecticut Bar Association. He was educated at Kenyon College (A.B. Economics & Psychology), Cambridge University (Post-Grad. Economics), and Syracuse University College of Law (J.D. Cum Laude), where he earned the LFE Goldie Award for Outstanding Scholarship, and was Managing Editor of the Syracuse Journal of International Law and Commerce. Mr. Alderman is a founding member of Alderman & Alderman.

His seminars on bankruptcy law and business restructuring are highly regarded by business leaders, accountants and lawyers. His written commentaries on the United States Bankruptcy Code have appeared in Bankruptcy 360, The Connecticut Lawyer Magazine, The Wall Street Journal, the Connecticut Law Tribune and the New York Times. He lives in Connecticut with his wife and two sons.

Excerpt. © Reprinted by permission. All rights reserved.

Bankruptcy is a complex and exciting area of the law. The Bankruptcy Code and the decisions interpreting it are rational and make sense - once you see how they fit together. There are a myriad of opportunities within the bankruptcy process to reduce losses, acquire key assets and earn outstanding results for those business leaders who understand how this process works.

It is my belief that with the proper tools to understand Chapter 11 business reorganizations, business leaders can evaluate the options for the deployment of assets within business reorganizations to realize superior return on investment. I also believe that with the appropriate information, accountants and general counsel can better serve their business clients by helping them spot potential problems and opportunities.

Product Details

• Paperback: 200 pages
• Publisher: Outskirts Press; First Edition edition (September 18, 2006)
• Language: English
• ISBN-10: 1598004131
• ISBN-13: 978-1598004137
• Product Dimensions: 8.4 x 5.4 x 0.6 inches
• Shipping Weight: 8 ounces (View shipping rates and policies)
• Average Customer Review: 3.4 out of 5 stars  See all reviews (11 customer reviews)
• Amazon Best Sellers Rank: #506,335 in Books (See Top 100 in Books)
  • #86 in Books > Law > Business > Bankruptcy

More About the Author

Mr. Alderman is a member of the Business Bankruptcy Law Section of the American Bar Association and the Business Bankruptcy Section and the Uniform Commercial Code Section of the American Bankruptcy Institute. He serves the Connecticut Bar Association as a member of: the Connecticut Lawyer magazine's Advisory Committee, the Professional Disciplinary Committee, the Business Law Committee, and the Executive Committee of the Commercial law and Bankruptcy Section.

Mr. Alderman was educated at Syracuse University College of Law, where he earned his Juris Doctor, Cum Laude, in 1986. While at Syracuse, he was elected Managing Editor, of the Syracuse Journal of International Law and Commerce and was awarded the L.F.E. Goldie Award for Outstanding scholarship. He earned his Bachelor of the Arts from Kenyon College, Gambier Ohio in 1982 with a degree in Economics and Psychology, before studying post-graduate economics at Cambridge University, Cambridge England.

He lives in Connecticut with his wife and two sons.

His Outside interests include: Racing Sailboats, Skiing (downhill and XC) and Riding Mountain Bikes.

Customer Reviews

Most Helpful Customer Reviews

10 of 11 people found the following review helpful:

5.0 out of 5 stars A Great Reference Source With A Wealth of Insightful Information, October 9, 2006

By 

William Tell (Pen Name) "Bill" (New York, NY) - See all my reviews

This review is from: Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers (Paperback)

This book does a really nice job of explaining how Chapter 11 Business Reorganizations work. The Glossary and Bankruptcy Cope sections make this a great reference source. Whether considering the strategic acquisition of assets from a business in Chapter 11, or working with insolvency experts to deal with a major account debtor, this book is a great resource.

7 of 8 people found the following review helpful:

5.0 out of 5 stars A perfect bankruptcy reference, January 2, 2007

By 

Elaine M. Lane "Callaway Partners" (Atlanta, GA) - See all my reviews
(REAL NAME)   

This review is from: Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers (Paperback)

Mr. Alderman has done a superb job covering the most important aspects of Chapter 11 reorganization. The book is a valuable guide for any business professional interested in following the corporate bankruptcy process. As the Director of Bankruptcy Services for a national consulting firm, I regularly train accountants on bankruptcy issues, and I have found this book to be a perfect resource for that effort.

6 of 7 people found the following review helpful:

2.0 out of 5 stars Be Sure You Know What This Is, January 17, 2009

By 

J. Thornton (Richmond, VA) - See all my reviews
(REAL NAME)   

This review is from: Chapter 11 Business Reorganizations: For Business Leaders, Accountants And Lawyers (Paperback)

I purchased this book expecting some detailed "how-to" about filing and conducting a Chapter 11 case. That's not what this book is. It's a broad overview of the Chapter 11 process written primarily for layman. Although the book is 184 pages, most of that length is glossary and reprints of bankruptcy code sections. The actual text is about 80 pages, with big type and lots of blank space. I'm not a particularly fast reader, but I knocked the whole thing out in a little over an hour. I would characterize this book as a Continuing Education presentation, revamped to book format.

That said, it's a very good Continuing Education presentation. It's well-written and there are a half-dozen or so good nuggets of information and advice. If I had sat in on this presentation at a Bar conference, I'd have been thrilled. After having paid $45 for the book, not so much.