Q&A With Baker & Daniels' Jim Carr

Law360, New York (October 5, 2007, 12:00 AM EDT) -- The collapse of the residential home market in the wake of the subprime mortgage crisis has raised the question of how Chapter 11 can be used by builders and developers, given the stigma of bankruptcy. The answer may lie in prepackaged plans and quickie §363 sales, says Jim Carr of Baker & Daniels LLP in our series of Q&As with practice leaders at top law firms.

Q. What's the most challenging bankruptcy you've worked on, and why?

A. This could be a tie between the American...
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