Resolutions Every Business Bankruptcy Creditor's Lawyer Should Make

Admit it, the slow pace of business bankruptcy filings over the last couple of years, combined with a little “follow the herd” mentality, has caused you to get into a bit of a rut with respect to the creativity of your approaches in representing your clients with many issues that are standard fare in a business bankruptcy. Greet the new year and the coming (if you believe the headlines) financial apocalypse with a resolution to embrace non-conformity and to try one or more of following approaches, in the slew of new cases that will be filed in the new year. While I concede the value of each of these approaches is dependent on the facts and circumstances of your client's case, the debtor's case, and the amounts at stake or at risk, such approaches may yield significant tactical and strategic benefits if used properly.