E2549 - Bankruptcy Litigation: When Financial Problems Turn Into Legal Battles

Episode Summary:
In this episode of The Distressed Business Playbook, host Evan Mack is joined by New York bankruptcy attorney Todd Duffy to explore the intricacies of bankruptcy litigation. Todd explains the differences between restructuring and litigation, focusing on the complexities that arise when financial issues escalate into legal battles. He delves into the types of disputes common in bankruptcy cases, such as preference actions and fraudulent conveyances, and discusses the challenges of negotiating settlements amidst ongoing litigation. Todd shares insights on the importance of relationships and trust in resolving disputes, emphasizing the role of mediation and honesty...