Seven Ways for Professionals to Get Paid in Chapter 11
BY BOBBY GUY, MEMBER, FROST BROWN TODD LLC
Payment of professionals in Chapter 11 is a complex process intended to ensure transparency and fairness. It can also be a maze filled with traps for the unwary.
Professionals for the estate are required to have their engagement approved by the court at the beginning of the case and then...
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Bobby Guy is a deal attorney who specializes in fixing, buying, and selling struggling companies, especially in the healthcare industry. He is a shareholder with Polsinelli P.C. and a founding member of the firm's Nashville office. He is certified as a specialist in business bankruptcy by the American Board of Certification. He can be reached at 615-259-1511 or bguy@polsinelli.com.
