Five Minute Legal Master videos provide expert explanations on a variety of business-to-business legal topics. All Five Minute Legal Master videos feature board-certified attorneys, experts in their fields.
Video Episode Index
- Chapter 11 Disclosure Statements – In Chapter 11 bankruptcy cases, the plan of reorganization lays out who gets paid, when and how. Before the plan can be approved, the court must first approve a disclosure statement that explains the plan to creditors.
- Chapter 7 Bankruptcy – When someone thinks of bankruptcy, this is the chapter that most people think of, as it involves the liquidation of assets.
- The Litigation Process – What can you expect to encounter during the Litigation process? It’s important that the creditor understands the court’s procedures and the creditor’s role in preparation of the pleadings, discovery and deposition, and trial.
- The Bankruptcy Claims Process – How are claims and assets distributed? During this process, the creditors have the right to challenge the debtor’s asset distribution.
- Assumption or Rejection of Executory Contracts – An executory contract is a contract that has yet to be performed by both parties. In bankruptcy, both parties are required to perform their obligations under an executory contract.
- Suit Fees and Court Costs – What is this going to cost you? Will you be able to cover a cost? This video offers a look at what’s considered when a client is pursuing legal action against a debtor.
- The Payment Gap – What is the distance from sale to payment? There are a lot of things that can go wrong when it comes to the Payment Gap.
- Fiduciary Duties Owed by Officers or Directors of a Corporation – Loyalty and care are the two main duties to consider when it comes to the responsibilities of officers in a corporation.
- Judgment After Trial – After the creditor has gone through the litigation process, they now have a piece of paper from the court establishing that the defendant owes them money. What happens now?
- Automatic Stay in Bankruptcy – When it comes to filing a bankruptcy claim, an automatic stay is something that an individual or company will want, as it’s the part of the law that says that all collection activity must stop and all creditors must cease collecting debts.
- Adequate Protection in Bankruptcy – Adequate protection typically refers to secured creditors in bankruptcy and the payments the creditors are entitled to receive from the debtor or trustee.
- Three C’s of Credit – In lending, the three C’s of Credit are Character, Capacity, and Capital.
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