South Carolina Chapter 11 Bankruptcy for Retailer Bi-Lo a Success

Written by Greenville/Spartanburg Bankruptcy Lawyer, Däna Wilkinson

Grocery chain Bi-Lo, Inc. has successfully emerged from Chapter 11 reorganization.  Probably the largest Chapter 11 reorganization case to be handled in South Carolina, approval of the reorganization plan will allow most stores to remain open, keep thousands in South Carolina and in the Southeast employed, and allow the company to maintain its headquarters in Greenville.

The Bi-Lo case was unusual for South Carolina, because most such large corporations choose to file Chapter 11 in places like Delaware and New York.  But Bi-Lo stayed close to home, obviously confident that the Bankruptcy Court in South Carolina is capable of handling the logistics of a large case, as well as understanding the legal issues unique to large reorganizations.  That is not only good for South Carolina businesses, but also good for those South Carolina consumers who occasionally get caught up in these big cases, usually because they have personal injury claims.   If a case is filed in some far-flung location, it may not be practical for consumers to have any voice in those cases.

About

Däna Wilkinson (pronounced "Donna") is a bankruptcy lawyer practicing in Spartanburg, South Carolina and serving South Carolina's upstate region, including Greenville, Spartanburg, Gaffney, Union, Anderson, Easley and Pickens. She has been in practice for more years than she cares to count, but it’s more than 20 years. Däna has been a bankruptcy lawyer from the very beginning of her career as a lawyer.

Däna went to law school at the University of South Carolina, where she was Student Works Editor on the South Carolina Law Review and a member of the Order of Coif. She started doing bankruptcy work while still a student, working for a bankruptcy boutique firm whose members included a Chapter 7 panel trustee, and recognized experts in Chapter 11 reorganizations. She enjoyed the work from the beginning, and upon graduation took a job as a law clerk to the Honorable Rodney Bernard, bankruptcy judge for the Western District of Louisiana. Judge Bernard had spent a number of years on the bankruptcy bench, and was an excellent teacher and mentor. Upon Judge Bernard’s retirement, Däna stayed on for a time as clerk to the Honorable Donald W. Boe, until homesickness for South Carolina struck, and she returned to private practice in Charleston. Four years later, she received an offer to return to Columbia, where she practiced until 1997.

In 1997, planning to start a family, Däna decided to return home to the Upstate, and opened her own practice in Spartanburg in 1998. Over the years, Däna represented all sorts of parties in bankruptcy: business debtors in reorganization, individual debtors, creditors and creditors’ committees, and trustees. In establishing her own practice Däna decided to focus on consumer debtors, ordinary people who find themselves overwhelmed by debt. Her focus is on the individual needs of clients, and on crafting a solution to their unique financial needs. She is committed to helping clients make a fresh start, and preserving their dignity in the process.

Däna is the proud mother of a beautiful, talented and very active daughter, who is, as her mother says, “practically perfect.” She is also active in both church and community activities, all of which means that there is a fair chance that any given blog post was written while in the car pool line or while waiting for a hearing or a meeting to start.

Däna is also certified as a bankruptcy specialist by the South Carolina Supreme Court, which means that she has taken and passed a proficiency examination on bankruptcy law, devoted her practice to bankruptcy for a number of years, and continues to take classes on bankruptcy law and related issues.

Contact information for Däna Wilkinson:

Law Office of Däna Wilkinson
365-C East Blackstock Road
Spartanburg, SC 29301
(864) 574-7944
[email protected]
www.danawilkinsonlaw.com

Däna also blogs at www.bankruptcylawnetwork.com.


Comments

  1. sherri says:

    how does chapter 11 work with a small business where the primary home is mortgaged for as a business loan? i have tried to getbank to extend terms to lower payment to noavail. i am working my butt off every day 12 hours except sunday. i have been in my home 33 yrs and only recently gotten in a bind. i want to keep my business and home but bank does not want to help. i am 2 pmts behind , making 1 of them tomorrow

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