The Big Apple Circus has been under quite a lot of pressure as their finances are called into question. The circus is a large operation that has given performances for children for decades. They wish to continue their mission, but they cannot do so without aid from a bankruptcy firm. Debevoise & Plimpton has taken the case as their pro bono project for the coming year. The Big Apple Circus may be saved, but it must come under the care of Debevoise & Plimpton immediately.
#1: Every Creditor Must Be Addressed
Creditors who are involved in the case must be addressed, and Debevoise & Plimpton will approach each creditor before the case comes before the court. Companies that are expecting payment from the Big Apple Circus may coordinate with Debevoise & Plimpton on their funds, and they will come to an agreement with each creditor before the case ends. Debevoise employs esteemed partners like Sean Hecker and Gregory Lyons.
#2: How Is The Case Closed?
The case is closed when Big Apple Circus has agreed with the court on a plan for its bankruptcy and reorganization. They must move around their funds to ensure operating costs are available, and they must find methods of funding that are reliable in every sense. The court will allow a true reorganization when the circus has compiled information about their operations.
#3: Why Is The Big Apple Circus Struggling?
Debevoise & Plimpton understands Big Apple Circus must adapt to the new age of entertainment. They are working against several different avenues of entertainment that are taking their business, and they will ensure their operation looks completely new. Changing the way they present their business to the world will help the case get out of bankruptcy court, and everyone who is intrigued by the circus will have more fans showing up with a renewed purpose.
#4: Expediting The Case
The case must be expedited to ensure Big Apple Circus may continue with scheduled performances. There are quite interested in continuing as normal, but they cannot continue without aid from their lawyers. The firm at Debevoise & Plimpton will keep the circus in operation, and they will await the decision of the court before continuing their shows.
Big Apple Circus has offered entertainment the world for decades, and they have found an angel in their time of need. Debevoise & Plimpton is picking up the slack for the circus, and they will ensure the circus may carry on.