C. W. Wied Professional Corporation
Firm Overview
Colin W. Wied

REPRESENTING PARTIES IN CHAPTER 11 BUSINESS BANKRUPTCY CASES.

The firm counsels and represents businesses that, for whatever reason, are experiencing financial difficulties. Initially, the task is to help an insolvent business "turnaround," namely become profitable once again.  Next the task is to "reorganize" the assets, debts and relationships (contracts and leases) of the business in such a way that it remains viable.  Often the turnaround and reorganization can be acomplished informally, if action is taken in a timely manner.  More typically, a Chapter 11 bankruptcy is required to accomplish these goals.

The firm also represents creditors, including committees, and trustees and examiners in Chapter 11 cases.    

Colin W. Wied is a business bankruptcy specialist, certified by the American Board of Certification. which itself is certified by The State Bar of California.

MEDIATING CHAPTER 11 BUSINESS REORGANIZATIONS.

Colin Wied is uniquely qualified to assist the many parties in a Chapter 11 case in reaching a consensual plan of reorganization. He has 30 years of business bankruptcy practice experience, having guided numerous businesses to both consensual and contested Chapter 11 plan confirmation. He knows business bankruptcy, and he is a credentialed, successful mediator.   

BUSINESS TRANSACTIONS AND LITIGATION.

A competent business bankruptcy lawyer must, of course, understand bankruptcy law, which is largely procedural.  Of equal importance to the business bankruptcy lawyer, however, is a solid background in business transactions, legal research and litigation.

The firm offers expertise in understanding, structuring and drafting documents for business transactions, including Chapter 11 plans and disclosure statements.  Litigation in Chapter 11 cases is inevitable. The firm offers expertise in legal research and analysis, and in handling the litigation that typically occurs in Chapter 11 proceedings.

OUTREACH AND EDUCATION

Business men and women have a natural reluctance to admit, even to themselves, their business may be in trouble.  No one puts on seminars to explain business turnaround and reorganization techniques to business people.  Why?  No one would come.  No one wants to admit publicly that his or her business is in trouble.  Business schools give scant attention to the subject.  There is virtually no literature on the subject outside of the community of bankruptcy specialists.  Denial and embarrassment, and a paucity of helpful information, prevent business people from recognizing, admitting and dealing effectively with business insolvency.

"Business CPR and Rx Turnaround, Reorganizationand Chapter 11" was written by Colin W. Wied for business men and women to shed light on the taboo subject of business insolvency.  In plain English, without legalese, its 13 chapters describe Chapter 11 of the Bankruptcy Code and its powerful tools, to used by both business debtors and creditors.

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