Moderator: Paul M. Hoffmann, Stinson LLP, Kansas City
Speakers: Christopher T. Borniger, Office of the United States Trustee, Kansas City; and Sharon L. Stolte, Sandberg Phoenix & Von Gontard PC, Kansas City
A business typically reorganizes for one of two reasons: To improve efficiency or to increase revenue. Business reorganization, then, refers to any change to a company’s external/internal or departmental structure aimed at one or both of these objectives. The Bankruptcy Code now offers several options and time frames for reorganization that may involve significant undertakings that impact a businesses’ bottom line, and require consideration, planning, and the foresight of experienced professionals.