What Turnaround Professionals Need to Know About Subchapter V
By Chip Ford & Ashley Edwards, Partners, Parker Poe
As most turnaround professionals know, federal legislation in response to the coronavirus pandemic created a limited window for more businesses to qualify for what is intended to be a faster, less costly, and simpler route through bankruptcy. This route exists through the Small Business...
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Ashley Edwards is a partner at Parker Poe in Charlotte, North Carolina. She has represented creditors in all aspects of commercial debt collection and loss mitigation, including loan restructuring, bankruptcy, litigation, and post-judgment execution. Edwards also represents clients in the purchase and sale of assets under Section 363 of the Bankruptcy Code, Chapter 11 plan confirmation, and the assumption and rejection of contracts. She can be reached at ashleyedwards@parkerpoe.com.
Chip Ford is a partner at Parker Poe in Charlotte, North Carolina, where he leads the firm’s Financial Restructuring & Insolvency Group. He has 26 years of experience representing institutional lenders and other creditors in all aspects of commercial debt collection and loss mitigation, including loan restructuring, bankruptcy, and litigation to enforce remedies such as foreclosure and receivership. Ford is also a trained neutral specializing in bankruptcy and complex financial disputes. He can be reached at chipford@parkerpoe.com.
