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For businesses facing financial distress, the question is often not whether to sell, but how. The answer can shape the entire transaction. An out-of-court sale may offer speed, privacy, and flexibility. A Chapter 11 sale may offer a cleaner path to closing, broader buyer interest, greater certainty, and a more durable allocation of risk. Depending on the circumstances, the transaction may also proceed through a receivership, assignment for the benefit of creditors, or another

de Souza Legal, P.A. is a sponsor of Florida Law Con 2026 , a statewide legal conference featuring continuing legal education (CLE) programming across a range of practice areas. Founder Dain de Souza will participate as a panelist in “When Business Partners Go Broke: The Insolvency Paths That Matter.” The panel will address business insolvency, restructuring, and bankruptcy pathways , including out-of-court workouts, Chapter 11, Subchapter V, and assignments for the benefit

de Souza Legal, P.A. is pleased to serve as a sponsor of United Way Miami’s Leaders Day of Action 2026 , an initiative that brings together professionals across Miami-Dade County for a day of hands-on community engagement. Leaders Day of Action reflects United Way Miami ’s ongoing efforts to mobilize volunteers and resources in support of education, health, and economic stability throughout the region. The firm’s involvement aligns with its broader commitment to the communiti

What Is a Bankruptcy Adversary Proceeding? For those not well acquainted, bankruptcy can sound like a single, linear process: a company files a petition, the automatic stay takes effect, and the case moves toward reorganization, liquidation, or confirmation. In practice, bankruptcy also centralizes disputes—and an adversary proceeding is one of the main ways parties litigate a separate lawsuit inside the bankruptcy case. A filing often centralizes disputes in one court. Claim

With headlines often focused on debtors in large corporate Chapter 11 filings, it is easy to assume that business distress presents itself in a single, uniform way. In practice, it rarely does. It can reach beyond the company at the center of a restructuring and into the operations of vendors, lenders, landlords, investors, and other business partners tied to that enterprise. As restructuring advisors, we have often worked with both sides of that equation—with companies consi