Tag Archives: Kevin Hamernik

Hamernik Appointed Sole Manager.

Hamernik Appointed Sole Manager.

Posted on23. Aug, 2010 by admin2.

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8/13/2010     -   On July 23, 2010, Kevin Hamernik was appointed the sole manager of an Iowa manufacturing company.  Later that day, the officers and all but two employees were terminated with the intentions of limiting unfunded expenses and preserving cash.  Phones were maintained and orders were taken to preserve goodwill.  Immediately, Hamernik began marketing the [...]

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3rd Annual Leonard H. Opperman Roundtable

3rd Annual Leonard H. Opperman Roundtable

Posted on11. Jan, 2010 by admin.

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For the 3rd year in a row, Hamernik LLC sponsored and participated in the 3rd Annual Leonard H. Opperman Roundtable on Thursday, September 10, presented by the Indianapolis Bar Association.

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Small Business Bankruptcies, Plans of Liquidation and Tax Considerations

Small Business Bankruptcies, Plans of Liquidation and Tax Considerations

Posted on11. Jan, 2010 by admin.

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In the case of winding down a Chapter 11 in the context of a Plan of Liquidation, our practice has generally seen two prevailing courses. One provides for the transfer of assets and interests into a Trust for the purposes of liquidating and administrating assets ultimately for the benefit and distribution to creditors. The other simply allows the existing debtor entity to serve the same purpose as the Trust otherwise would.

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