Brooks Pierce Partners Explain “Bankruptcy As A Safety Net” for Pratt's Journal of Bankruptcy Law Article

Brooks Pierce partners Jamey Lowdermilk and Clint Morse authored an article for the latest issue of Pratt’s Journal of Bankruptcy Law, Vol. 22, No. 2. In “Bankruptcy As A Safety Net,” Lowdermilk and Morse explain that bankruptcy is far more than just a last resort for failing businesses, and can be effective when a business faces a sudden operational shock, internal deadlock among owners, or a slow slide into insolvency where creditor pressure threatens to destroy remaining value. Rather than viewing bankruptcy as a sign of failure, businesses may want to consider it as a structured legal tool that preserves economic value for employees, customers, vendors and communities.

Pratt's Journal of Bankruptcy Law covers case studies, legal analysis, and significant court decisions affecting the financial industry and focuses on issues relevant to creditors, lenders, and banking institutions.

Lowdermilk provides dynamic and passionate counsel on complex business and family litigation, including heirs’ property, bankruptcy and insolvency challenges, and nonprofit matters. She represents businesses and individuals in complex commercial matters in state and federal courts, and has tried multiple state district court bench cases. She also advises clients establishing new entities and reorganizing existing endeavors.

Morse is an experienced litigator who thrives in the courtroom. He represents a variety of clients on issues related to intellectual property, bankruptcy, and general corporate disputes.