Sale of Local Kombucha Company, NessAlla, inside of Chapter 11

Business Debt Relief

Today DeMarb Brophy closed on the sale of the assets of a local kombucha company, NessAlla, inside of Chapter 11!   The new owners are keeping it local, keeping it operating, and excited to take it to the next level.  It’s a great example of some of the ways we can use bankruptcy to make things […]

What’s The Right Debt Relief Option for Your Business?

Business Debt Relief

It is no secret that 2020 has been a difficult year for businesses across our economy. Seemingly overnight, a steady economy was turned upside down by the fallout from the ongoing COVID-19 pandemic, leaving businesses struggling to make ends meet. In a previous post, we pointed out some of the options available to distressed businesses. […]

DeMarb closes on sale of an essential business under the governor’s order and to keep business operating in Wisconsin

Business Debt Relief

Attorney Rebecca DeMarb was appointed the Receiver over the assets of Quality Assembly & Logistics, LLC, under Chapter 128 in early February. Quality’s business, headquartered in Marinette, Wisconsin, was an “essential business” pursuant to the Stay at Home Order. The business was divided between custom assembly, primarily for medical and fire suppression devices, and the […]

What bankruptcy options exist for businesses?

Business Debt Relief

Most people have certainly heard of businesses declaring bankruptcy, but many are unclear on exactly what debt relief options are available to business organizations. If you are considering bankruptcy for your business, you should consider whether the company’s position is so dire that it cannot recover, even if some debts were lessened or eliminated. Or, […]