Forshey & Prostok News: Staffing and trucking industry lender Flexible Funding has filed for bankruptcy and intends to reorganize in chapter 11. They are represented in chapter 11 by the law firm Forshey & Prostok LLP. To read the article in its entirety, please Click Here to download the pdf version.
Deirdre Carey Brown was interviewed by Amy Geise on the podcast Beyond Hourly regarding how litigation finance can help plaintiffs come out ahead against a bankrupt defendant. This was a fantastic interview and Forshey Prostok, LLP wanted to post the transcript of the interview on our website for easy access. Please Click Here to download […]
A severe winter storm left Texans without essential utilities for days, causing some of Texas’ largest electricity providers to file for bankruptcy seeking relief from debts owed to the Electric Reliability Council of Texas (“ERCOT”). Additionally, more than one year after the emergence of COVID-19, restrictions are starting to lift and businesses in Texas are […]
‘Hope isn’t a business strategy,’ Robert Forshey Tells Texas Lawbook Bankruptcy filings shattered records in 2020, but most of the companies seeking bankruptcy protection in Texas were very large companies with assets or debts of $500 million or more, according to a recent report in The Texas Lawbook.