Our team at Lawfirm.com would never advise listening to only one voice on such a complicated and impactful topic as bankruptcy, so we’ve asked experts to weigh in. These professionals have agreed to share their perspectives through some pressing questions on the topic.

The struggling home goods retailer has been pulling all kinds of levers, leaving many to wonder why it hasn’t sought Chapter 11 protection by now.

Attorneys and consultants involved in FTX bankruptcy have asked the District of Delaware bankruptcy court to approve billed hours and expenses totaling just under $37 million for the first six weeks of Chapter 11 proceedings.

As Party City Holdco Inc. wades through bankruptcy, some of its most important vendors are banding together to negotiate better trade terms for a holiday the company relies on: Halloween.

After the multi-million deals with snakes, Robin Lehner and his attorney want to withhold his NHL salary from the bankruptcy filing. Now the entire procedure is being questioned by experts in the US, due to details in the bankruptcy filing - which may be incorrectly made. "This is so, so, so strange. A mystery," says Professor Nancy Rapoport.

Sullivan & Cromwell, after surviving a push to kick it off the FTX bankruptcy, stands to reap huge fees to sort out the finances of Sam Bankman-Fried’s fallen crypto empire. The Wall Street law firm has more than 150 people working on the FTX case, including 30 partners with rates that exceed $2,000 per hour, according to a court filing. Associates are billing between $810 and $1,475 per hour.

Sam Bankman-Fried and another former top FTX executive have said Sullivan & Cromwell understated the scale of its work for the exchange before its collapse, sharpening the scrutiny of the law firm’s lucrative bankruptcy appointment.

The investment bank B Riley is so determined to persuade the troubled bitcoin miner Core Scientific to avoid filing for bankruptcy that it has offered as much as $72mn in fresh financing to keep the company from seeking a court-supervised Chapter 11 restructuring.