The Supreme Court of the United States in NLRB v. Bildisco & Bildisco, 465 U.S. 513, 528 (1984):
“The fundamental purpose of [Chapter 11 business bankruptcy] reorganization is to prevent a debtor from going into liquidation, with an attendant loss of jobs and possible misuse of economic resources.”
Resolving Commercial and Business Disputes Through Mediation
Nowhere is the need for negotiation and mediation more apparent than in a Chapter 11 business bankruptcy case. Every Chapter 11 case is a complex, multi-party case in which a multitude of issues typically arise. These issues can be litigated at great cost in dollars and lost opportunity, and with uncertain results. Or, they can be negotiated, and if necessary mediated, with greater likelihood of success and satisfaction for all concerned, and at much diminished cost.
Colin W. Wied is a business bankruptcy specialist and was certified as such by the American Board of Certification and The State Bar of California. During 40 years in practice, Mr. Wied handled scores of Chapter 11 cases on behalf of business debtors and creditors as well.
In the mid 1990s, Mr. Wied held seminars throughout California and taught lawyers how to handle Chapter 11 cases, utilizing a Chapter 11 law office manual he wrote. Answering an obvious need today, Mr. Wied rewrote the manual which is now entitled Chapter 11 From Start To Finish – A Comprehensive Guide to Handling Business Bankruptcy Cases. Beginning in July 2010, Mr. Wied will again be presenting seminars on the subject to California lawyers in all parts of the State.
Mr. Wied is a trained and experienced mediator and arbitrator. He is well equipped to coach attorneys in how to negotiate in Chapter 11 cases, and to mediate all manner of commercial and business disputes, especially those arising in Chapter 11 bankruptcy cases.
