Bankruptcy
BP Oil Spill Business Losses:How Claims Will Be Calculated
There are an increasing number of headlines speculating about the extent of damage and related litigation stemming from the BP oil spill. There are three parts to a claim for business losses. There is the physical loss say in the case of a fire and then lost profits due to business interruption. In addition, there [...]
Re: New York Times: U.S. Racing Toward Debt ‘Shock’
The reason this headline is so important is because while many companies and entrepreneurs will continue to do well in this country, what is possible to accomplish is being extinguished by our government and what is being achieved has a high probability of being extinguished by the burden of debt. For a long time I [...]
How Can This Be Good: Two More Banks Fail, Bankruptcies At New Highs, Commercial Loans Ready To Implode
If you have followed this blog you know I am a fan of Bill Bartmann. He is a rags to billionaire riches story and most of his wealth came during an economic climate similar but actually less serious than what we are facing today. I follow Bill because he deals in reality and looks for [...]
Gangster Government
I hope you understand this is not an Republican vs. Democrat issue. This is our government playing a role where it doesn’t belong and when it does the consequences we experience. Sharing with all my readers the energy of peace, happiness and abundance Steve Pohlit, Expert Business Consulting Email Me, Steve Pohlit to schedule A No Obligation [...]
Financial Crisis, Turnaround Consulting
An independent business owner contacted me after reading several of my articles on business turnaround consulting and business process improvement consulting. She asked if I could help her. I asked if she would write me note about her situation. The following is her message: Steve, I decided to get in touch with you because I [...]
Newt Gingrich Writes: Once, We Would Have Called It A Scandal
In my business development consulting practice I encounter situations where filing for reorganization with protection of Chapter 11 of the Bankruptcy Code (Federal Law) seems to be an option. Consequently I follow with interest some of the more high profile cases. I am amazed at the application of this Federal Law. I was thinking it [...]
