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Tag Archives: Doug Noble

Many take exit to Ch. 7; others try ‘363 Sale’

The high cost of staying afloat while reorganizing under a Chapter 11 bankruptcy filing is forcing more businesses to accept unconditional surrender under Chapter 7 liquidation. But others are exiting their enterprises by attracting buyers who use a provision of the Chapter 11 code to pick up a debtor’s assets free of liens and other encumbrances. “Chapter 11 filings in ...

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Lonely no more; bankruptcy lawyers remain in high demand

Back a half-dozen years ago when lenders lent like there would be no tomorrow business bankruptcy lawyer Doug Noble felt like a Maytag repairman. His phone wasn’t ringing. Everyone was busy lending, borrowing and making deals. “There was no insolvency-related work because no one was insolvent,” said Noble of McCraney, Montagnet & Quin in Jackson. “I didn’t do very much ...

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