The Distressed Business Playbook

The Legal Podcast Network (LPN)

The Distressed Business Playbook is a podcast tailored for business owners and decision-makers facing financial challenges. Hosted by experienced professionals, the show offers insights into navigating bankruptcy, restructuring, and complex legal issues. With a focus on practical advice and strategic planning, each episode aims to equip listeners with the knowledge to make informed decisions. Whether you're dealing with creditor pressure or exploring restructuring options, The Distressed Business Playbook provides the guidance needed to steer your business toward stability and success.

Episodes

  1. Oct 15

    What Happens to Business Debt When a Company Files Bankruptcy?

    Episode Summary: In this episode of The Distressed Business Playbook, host Evan Mack discusses with New York bankruptcy attorney Todd Duffy the complexities of handling business debts during bankruptcy proceedings. Todd explains the automatic stay's role in preventing creditors from collecting debts and the priority scheme that determines which debts are paid first. They delve into the distinctions between secured and unsecured debts, the implications of judgment creditors, and the challenges posed by tax obligations. Todd also highlights how ordinary course expenses are managed during bankruptcy and the potential risks for business owners who lend money to their own companies. This episode provides valuable insights for business owners facing financial distress, helping them understand the intricacies of bankruptcy and how to navigate their obligations effectively. Key Timestamps: 00:01 – Introduction 00:21 – The Role of Automatic Stay in Bankruptcy 00:57 – Understanding Debt Priority in Bankruptcy 01:47 – Secured vs. Unsecured Debts 03:06 – Impact of Judgment Creditors 04:08 – Challenges of Tax Obligations in Bankruptcy 05:52 – Ordinary Course Expenses vs. Extraordinary Expenses 07:33 – Loans from Owners and Related Companies 08:23 – Determining Ordinary Course Obligations 09:48 – Importance of Paying Taxes Post-Petition 10:06 – Impact of Debt Mix on Restructuring Viability 11:11 – Strategies for Handling Secured and Unsecured Debt About the Show: The Distressed Business Playbook is a podcast dedicated to helping business owners and decision-makers navigate the complexities of financial distress, restructuring, and bankruptcy. Hosted by experienced bankruptcy attorney Todd Duffy, the show offers practical insights and strategies for managing financial challenges and legal hurdles. With a focus on clarity and actionable advice, each episode aims to empower listeners to make informed decisions and explore viable solutions for their business's financial health. Click the link to visit website. https://www.teduffylaw.com/

    What Happens to Business Debt When a Company Files Bankruptcy?

  2. Oct 1

    Negotiating With Creditors Before Bankruptcy: What Businesses Can Actually Do

    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 creditor negotiations for businesses facing financial difficulties. Todd shares insights on the types of debt issues that can be resolved outside of bankruptcy, highlighting the importance of strategic negotiation to avoid filing. He discusses the challenges businesses face when dealing with creditors, including the limitations of negotiation and the potential benefits of filing for bankruptcy. Todd emphasizes the role of leverage in negotiations and how businesses can use the threat of bankruptcy to their advantage. The episode provides valuable guidance for business owners on evaluating their options and making informed decisions about their financial future. Key Timestamps: 00:01 – Introduction 00:34 – Litigation and Creditor Pressure 01:09 – Avoiding Bankruptcy Through Negotiation 02:25 – Personal Guarantees and Bankruptcy 03:38 – Factors Influencing Creditor Negotiations 04:22 – Evaluating Negotiation vs. Bankruptcy 05:22 – Landlord Negotiations and Leverage 06:31 – The Role of Bankruptcy in Negotiations 07:04 – Case Study: Successful Creditor Negotiation 08:40 – Managing Multiple Creditors 09:47 – Limitations of Negotiation 10:45 – Future Prospects and Negotiation Success About the Show: The Distressed Business Playbook is a podcast dedicated to helping business owners and decision-makers navigate financial pressures and complex legal challenges. Hosted by Evan Mack, the show features insights from experienced professionals like bankruptcy attorney Todd Duffy, offering practical advice on restructuring, creditor negotiations, and avoiding bankruptcy. With a focus on clarity and actionable strategies, the series aims to empower listeners to make informed decisions and successfully manage their business's financial health. Click the link to visit website. https://www.teduffylaw.com/

    Negotiating With Creditors Before Bankruptcy: What Businesses Can Actually Do

  3. Sep 17

    Commercial Lease Problems in Bankruptcy: What Businesses Can and Can’t Do

    Episode Summary: In this episode of The Distressed Business Playbook, host Evan Mack is joined by Attorney Todd Duffy, a New York bankruptcy attorney specializing in helping businesses navigate financial challenges. They delve into the complexities of commercial leases during bankruptcy, discussing why these leases often become significant pressure points for struggling businesses. Todd explains the options available to businesses, such as rejecting or renegotiating leases, and how these decisions impact the broader restructuring process. He shares insights on the leverage landlords hold and the strategic considerations businesses must weigh when deciding whether to keep or reject a lease. Todd also recounts a case where a business successfully transitioned from a brick-and-mortar model to a virtual one, highlighting the critical role of lease management in financial recovery. This episode provides valuable guidance for business owners facing financial pressure, helping them understand their lease obligations and make informed decisions during bankruptcy. Key Timestamps: 00:01 – Introduction 00:22 – Why Commercial Leases Are Pressure Points 00:57 – Options in Bankruptcy: Rejecting Leases 01:49 – Renegotiating vs. Rejecting Leases 02:22 – Landlord Leverage Post-Filing 03:04 – Lease Decisions in Restructuring 03:47 – Case Study: Virtual Transition 05:21 – Misunderstanding Lease Obligations 06:00 – Practical Considerations for Lease Decisions 07:15 – Foot Traffic and Lease Importance About the Show: The Distressed Business Playbook offers practical insights and strategies for business owners facing financial challenges, particularly those considering bankruptcy or restructuring. Hosted by Evan Mack, the show features expert guests like Attorney Todd Duffy, who provide valuable guidance on navigating complex legal and financial landscapes. With a focus on clarity and actionable advice, the podcast aims to empower listeners to make informed decisions that can lead to business recovery and success.

    Commercial Lease Problems in Bankruptcy: What Businesses Can and Can’t Do

  4. Aug 20

    Personal Guarantees and Business Debt: What Owners Are Really On the Hook For

    Episode Summary: In this episode of The Distressed Business Playbook, host Evan Mack sits down with New York bankruptcy attorney Todd Duffy to explore the complexities of personal guarantees in business debt. Todd explains why lenders and landlords often require personal guarantees and how these can impact business owners, especially in small to medium-sized enterprises. The discussion delves into the implications of personal guarantees on bankruptcy and restructuring decisions, highlighting the potential for aggressive creditor actions. Todd also shares insights on how business owners can manage personal guarantees, including negotiating with creditors and consolidating bankruptcy cases. This episode is essential for business owners seeking to understand the stakes of personal guarantees and how to navigate potential financial pitfalls. Key Timestamps: 00:01 – Introduction 00:33 – What Is a Personal Guarantee? 01:22 – Common Occurrences of Personal Guarantees 02:06 – Types of Personal Guarantees 02:38 – Impact of Personal Guarantees on Business Owners 03:08 – Creditor Actions on Defaulted Guarantees 03:29 – Influence on Bankruptcy Decisions 04:10 – Case Study: Unanticipated Guarantee Consequences 05:04 – Misunderstandings About Personal Guarantees 05:50 – Options for Owners Facing Guarantee Exposure 06:50 – Managing Guarantee Problems vs. Financial Spirals 07:56 – Importance of Consulting a Bankruptcy Lawyer About the Show: The Distressed Business Playbook is a podcast designed for business owners and decision-makers facing financial challenges. Hosted by legal experts, the show covers topics such as bankruptcy, restructuring, and complex legal issues with clarity and actionable insights. Each episode aims to empower listeners with the knowledge to navigate financial distress and make informed decisions. Whether you're dealing with personal guarantees or exploring bankruptcy options, The Distressed Business Playbook provides valuable guidance for maintaining business stability.

    Personal Guarantees and Business Debt: What Owners Are Really On the Hook For

  5. Aug 6

    What Happens When a Business Files Chapter 11?

    Episode Summary: In this episode of The Distressed Business Playbook, host Evan Mack sits down with Todd Duffy, a seasoned New York bankruptcy attorney, to demystify the Chapter 11 process for businesses facing financial distress. Todd explains the strategic objectives of filing for Chapter 11, such as restructuring debts and maintaining business operations under increased scrutiny. He delves into the role of the debtor in possession, the importance of court involvement, and the critical nature of negotiations with creditors. Todd shares a compelling case study of a small recording company that successfully navigated Chapter 11, highlighting the importance of transparency and planning. Listeners will gain valuable insights into the complexities of bankruptcy law and how businesses can leverage Chapter 11 to stabilize and potentially thrive. Key Timestamps: 00:01 – Introduction 00:21 – Purpose of Chapter 11 01:19 – Debtor in Possession Explained 02:04 – Business Control During Chapter 11 02:42 – Court Involvement in Chapter 11 03:22 – Role of Creditor Negotiations 04:05 – Case Study: Small Recording Company 05:12 – Common Surprises for Business Owners 07:16 – Time and Cost Misunderstandings 08:30 – Effective Use of Chapter 11 09:36 – Planning and Flexibility in Bankruptcy About the Show: The Distressed Business Playbook is a podcast dedicated to helping business owners and decision-makers navigate the complexities of financial distress, restructuring, and legal challenges. Hosted by experts in the field, the show offers practical advice, case studies, and insights into the intricacies of bankruptcy law and business strategy. Whether you're facing financial pressure or simply want to be prepared for potential challenges, this podcast provides the guidance and knowledge you need to make informed decisions and steer your business toward stability and success.

    What Happens When a Business Files Chapter 11?

  6. Jul 23

    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 in court. Listeners will gain valuable knowledge on managing bankruptcy cases effectively, understanding the legal landscape, and navigating the path to business recovery. Key Timestamps: 00:01 – Introduction 0:30 – Understanding Bankruptcy Litigation 1:01 – Types of Bankruptcy Disputes 1:35 – Transition from Financial Problems to Legal Disputes 2:46 – Common Disputes in Bankruptcy 4:00 – Dynamics of Bankruptcy Litigation 5:09 – Importance of Negotiation in Bankruptcy 6:04 – Challenges of Formal Litigation 8:10 – Maintaining Credibility in Court 9:46 – Impact of Disputes on Business Operations 10:07 – Case Study: Construction Industry Litigation 12:24 – Risks of Delayed Legal Action 14:00 – Role of Relationships in Dispute Resolution About the Show: The Distressed Business Playbook is a podcast designed for business owners, financial professionals, and legal practitioners dealing with financial distress and bankruptcy. Hosted by seasoned experts, the show provides in-depth discussions on strategies for navigating complex financial challenges, restructuring, and legal issues. With a focus on practical insights and real-world examples, the podcast aims to equip listeners with the knowledge and tools needed to manage financial crises effectively and ethically.

    Bankruptcy Litigation: When Financial Problems Turn Into Legal Battles

  7. Jul 9

    The Automatic Stay: How It Stops Lawsuits, Collections, and Pressure

    Episode Summary:  In this episode of Distressed Business Playbook, host Evan Mack sits down with New York bankruptcy attorney Todd Duffy to explore the intricacies of the automatic stay in bankruptcy cases. Todd explains how the automatic stay functions as a powerful tool for businesses facing financial distress, effectively halting all collection activities once a bankruptcy petition is filed. He delves into the common misconceptions business owners have about the stay and outlines scenarios where it may not apply, such as serial filings. Todd also discusses the reactions of creditors to the automatic stay and the strategic advantages it offers for businesses in restructuring negotiations. By understanding these dynamics, listeners can gain valuable insights into managing financial pressure and navigating the complexities of bankruptcy law. Key Timestamps: 00:01 – Introduction 00:20 – What the Automatic Stay Does 01:46 – Surprising Effects of the Automatic Stay 02:12 – Limitations of the Automatic Stay 03:32 – Creditor Reactions to the Automatic Stay 04:31 – Handling Creditor Pushback 05:36 – Impact on Ongoing Lawsuits 06:40 – Case Study: Construction Company 07:29 – Challenges Despite the Automatic Stay 08:40 – Strategic Advantages in Restructuring 09:26 – Leveraging the Automatic Stay About the Show:  Distressed Business Playbook is a podcast dedicated to helping business owners and decision-makers navigate the challenges of financial distress and restructuring. Hosted by experienced professionals, the show offers practical insights into bankruptcy law, financial strategies, and legal complexities. With a focus on clarity and actionable advice, Distressed Business Playbook aims to empower listeners with the knowledge they need to make informed decisions and successfully manage their businesses through difficult times.

    The Automatic Stay: How It Stops Lawsuits, Collections, and Pressure

  8. Jun 25

    How Subchapter V Helps Small Businesses Stay Alive

    Episode Summary: In this episode of the The Distressed Business Playbook, host Evan Mack and New York bankruptcy attorney Todd Duffy discuss the intricacies of sub-Chapter 5 of Chapter 11 bankruptcy. Todd explains how this legal provision is designed to assist small businesses, such as bodegas and mom-and-pop stores, in restructuring their debts while maintaining operations. The conversation delves into the eligibility criteria, including debt limits and the simplified process that distinguishes it from traditional Chapter 11 cases. Todd highlights the relief business owners experience when opting for sub-Chapter 5 and the protections it offers against creditors. The episode provides valuable insights into how sub-Chapter 5 can facilitate a fresh start for small business owners, ensuring they can continue operations while resolving financial challenges. Key Timestamps: 00:01 – Introduction 00:22 – Overview of Sub-Chapter 5 Bankruptcy 00:40 – Traditional Chapter 11 vs. Sub-Chapter 5 01:59 – Ideal Candidates for Sub-Chapter 5 02:49 – Impact on Business Operations 03:35 – Dealing with Creditors Under Sub-Chapter 5 04:31 – Legislative Changes and Debt Limits 05:05 – Case Duration and Resolution 05:28 – Ownership and Control During Bankruptcy 06:26 – Common Misunderstandings About Bankruptcy 07:29 – Successful Outcomes of Sub-Chapter 5 08:04 – Steps to Confirm a Plan About the Show: The Distressed Business Playbook is a podcast dedicated to helping business owners navigate financial challenges and restructuring. Hosted by bankruptcy attorney Todd Duffy, the show provides practical advice and insights into the legal processes involved in business bankruptcy. Each episode features discussions on topics such as debt management, legal strategies, and financial planning, aimed at empowering listeners to make informed decisions. Whether you're a small business owner or a decision-maker facing financial pressure, this podcast offers valuable guidance to help you steer your business toward recovery.

    How Subchapter V Helps Small Businesses Stay Alive

  9. Jun 15

    The Biggest Mistakes Business Owners Make Before Filing Bankruptcy

    Episode Summary: In this episode of The Distressed Business Playbook, host Evan Mack sits down with Todd Duffy, a seasoned New York bankruptcy attorney, to explore the pitfalls business owners face when considering bankruptcy. Todd shares his journey from paralegal to founding his own firm, emphasizing the importance of addressing financial distress early. The discussion delves into the chaos and denial often present in struggling businesses, highlighting how these factors can lead to poor decision-making. Todd explains the critical need for liquidity during bankruptcy and the dangers of waiting too long to act. He also discusses the role of creditor pressure and the importance of strategic planning to ensure a successful restructuring. Listeners will gain valuable insights into how to prepare for bankruptcy and the benefits of working with knowledgeable legal and financial advisors. Key Timestamps: 00:01 – Introduction 00:30 – Todd Duffy's Background in Bankruptcy Law 01:40 – Chaos and Denial in Struggling Businesses 02:50 – Mistakes in Solvency and Growth Strategies 03:25 – The Liquidity Crisis Before Bankruptcy 04:07 – Creditor Pressure and Legal Exposure 05:03 – Consequences of Poor Pre-Filing Decisions 06:21 – Strategic Planning for Better Outcomes 07:08 – Importance of Early Legal Involvement 08:00 – Todd's Passion for Bankruptcy Law 09:01 – The Collegial Nature of Bankruptcy Practice About the Show: The Distressed Business Playbook is a podcast tailored for business owners and decision-makers facing financial challenges. Hosted by experienced professionals, the show offers insights into navigating bankruptcy, restructuring, and complex legal issues. With a focus on practical advice and strategic planning, each episode aims to equip listeners with the knowledge to make informed decisions. Whether you're dealing with creditor pressure or exploring restructuring options, The Distressed Business Playbook provides the guidance needed to steer your business toward stability and success.

    The Biggest Mistakes Business Owners Make Before Filing Bankruptcy
  • 9 Episodes

About

The Distressed Business Playbook is a podcast tailored for business owners and decision-makers facing financial challenges. Hosted by experienced professionals, the show offers insights into navigating bankruptcy, restructuring, and complex legal issues. With a focus on practical advice and strategic planning, each episode aims to equip listeners with the knowledge to make informed decisions. Whether you're dealing with creditor pressure or exploring restructuring options, The Distressed Business Playbook provides the guidance needed to steer your business toward stability and success.

Information

  • Creator
    The Legal Podcast Network (LPN)
  • Years Active
    2026
  • Episodes
    9
  • Rating
    Clean
  • Copyright
    © Copyright 2026 All rights reserved.
  • Show Website
    The Distressed Business Playbook