Hidden in the deep and mysterious undercurrents of the Federal legal machinery, billion-dollar Law Firms, profit offsetting Debters-in-Posession, and Parasitic Restructuring Teams methodically extract unimaginable financial compensation from the many hopeless, helpless and beleaguered businesses unlucky enough to file for Chapter 11 ‘relief’.
Well, we’re on credit-hold with every one of our vendors, we can’t pay our staff, our taxes or operating expenses; looks like we’re heading for Chapter 11.
Right. Now all of our debt will be resolved and a Debtor-In-Posession can loan us about 20 million dollars that they don’t expect to recover; they will use that loss to tax-offset profit from their other business interests and the loan funds mostly to pay excessively padded legal and professional fees. The objective here is to delay, extend and postpone definitive resolution of the case in order to optimize the Business of Bankruptcy. Unsecured creditors lose, lawyers win.
Right. Now all of our debt will be resolved and a Debtor-In-Posession can loan us about 20 million dollars that they don’t expect to recover; they will use that loss to tax-offset profit from their other business interests and the loan funds mostly to pay excessively padded legal and professional fees. The objective here is to delay, extend and postpone definitive resolution of the case in order to optimize the Business of Bankruptcy. Unsecured creditors lose, lawyers win.
by YAWA September 1, 2025
Get the The Business of Bankruptcymug. Like when someone tells you on a Friday "this will take 3 business days", it's not gonna happen til Wednesday bc of the weekend. Business Minutes is the same, if you tell someone you're going to take 10 business minutes, it means you're going to take 10 at the minimum but probably more
by yeshuamysaviour August 2, 2024
Get the Business Minutesmug. Me and my cousin have an incestuous business relationship. I work for his construction company and he always fucks me over with the pay.
by donniescash February 15, 2021
Get the Incestuous business relationshipmug. What you say when you work a M-F job and it is Friday and you want to reference Monday without having to say Monday. You instinctively want to say tomorrow on Friday but if you had the word Business as in Business Day, then you can use the idea of the next business day in the form of a tomorrow.
by DrakeThePengu August 13, 2021
Get the Business Tomorrowmug. When in the stage of talking on snapchat with 15+ girls your phone is classified as the term Business Phone. Just snapping and not trying to get anywhere but merely sending pictures of your face back and forth is not a Business Phone. Your end goal most of the time is to get as much sex from different girls as possible (Annino method). In some cases you are narrowing down the possibility to who you want to date (Leavitt method).
What is the talking stage?
The talking stage is when both parties are interested in each other they have gone on a date or two, and yet they both still want to explore their options before picking theirs.
Both methods use the talking stage in different ways.
The Leavitt Method uses it as getting to know the girl and flirt and see how she responds and the male wants to pursue a future with them.
The Annino Method used it as a way to make the girl feel safe and then she opens up and soon enough the male has gotten his dick wet and they aren’t even in a relationship.
WARNING: The Business Phone is a cruel business and not meant for the mental stability of some people.
saying this for legal reasons.
I do not condone anyone trying what is said in this definition.
What is the talking stage?
The talking stage is when both parties are interested in each other they have gone on a date or two, and yet they both still want to explore their options before picking theirs.
Both methods use the talking stage in different ways.
The Leavitt Method uses it as getting to know the girl and flirt and see how she responds and the male wants to pursue a future with them.
The Annino Method used it as a way to make the girl feel safe and then she opens up and soon enough the male has gotten his dick wet and they aren’t even in a relationship.
WARNING: The Business Phone is a cruel business and not meant for the mental stability of some people.
saying this for legal reasons.
I do not condone anyone trying what is said in this definition.
by Patrick McMurphy August 12, 2021
Get the business phonemug. by rIpPiN_rUGz August 12, 2022
Get the Busy Doctormug. "Jennifer was asking why a peer of Audrey's smokes, and Audrey replied, "I don't know, quit being a business feeder."
by Mama JJ March 19, 2014
Get the business feedermug.