News & Insights

Stay up-to-date about the latest developments in bankruptcy, commercial litigation and business transaction law, as well as news involving The Dragich Law Firm.

Complimentary Webinar: COVID-19—Preparing Your Business for the Downturn

The COVID-19 crisis is wreaking havoc on the economy. It's no longer a question of if there will be a global recession, but rather how deep and lasting it will be. Businesses, large and small, must  

Businesses Need to Prepare for the COVID-19 Downturn

At the time of this writing, there have been more than 200,000 confirmed cases of COVID-19 around the world. Governments are implementing lockdown procedures. Businesses are reeling. A global  

Does the Coronavirus Excuse a Breach of Contract?

When developing contract documents that all seem relatively standard, businesses may be inclined to pay little attention to those sections that are “just boilerplate.” Many assume that  

Can a State Court-Appointed Receiver Act Across Different Jurisdictions?

A state court receivership can be a viable and effective alternative to a federal bankruptcy proceeding which often costs more, takes longer, and involves more oversight than a receivership. However,  

Retail Bankruptcy Issues in 2020: What You Need to Know

It’s a new year, the time of fresh starts and big dreams, but the “retailpocalypse” doesn’t seem to have taken notice. Earlier this week, Pier 1 Imports announced plans to close up to 450  

The ABCs of an Assignment for the Benefit of Creditors

Companies experiencing financial distress have a number of options available to them. If a business has the potential to continue as a going-concern despite a heavy debt load, reorganizing or  

Recent Success Stories and New Client Engagements—December, 2019

At The Dragich Law Firm, we strive to deliver value and results for our clients. We are pleased to announce recent successful outcomes we have helped our clients achieve, and new matters our firm has  

Turnaround Management Association Detroit Chapter Holiday Party on December 4, 2019—We Hope to See You There!

The Detroit Chapter of the Turnaround Management Association is hosting its annual holiday party on December 4, 2019, from 6:00 - 8:30 p.m. at the Detroit Golf Club. The Detroit Chapter is not only  

Does the WARN Act Apply in Receivership Proceedings?

The U.S. economy is in the midst of a record economic expansion but signs, from slowing manufacturing numbers to weakness in formerly high-flying housing markets, suggest we may be in the tail-end of  

Navigating Steel and Aluminum Tariffs in Automotive and Manufacturing Long-Term Supply Contracts

Despite recent optimism that certain aspects of the United State’s trade war with China may soon be resolved, its effects will be long lasting in certain regions and industries. The automotive and