Weiland, Golden, Smiley, Wang Ekvall & Strok LLP - Costa Mesa Lawyers Write Bankruptcy...

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Tue Jul 22, 2008 1:04pm EDT

Weiland, Golden, Smiley, Wang Ekvall & Strok LLP - Costa Mesa Lawyers Write
Bankruptcy for Businesses Book, and It's Needed More Than Ever!

COSTA MESA, Calif., July 22 /PRNewswire/ -- With real estate-related
bankruptcy filings reaching record numbers, businesses have turned to the
largest specialty bankruptcy firm in Orange County, Costa Mesa-based Weiland,
Golden, Smiley, Wang Ekvall & Strok LLP, and the firm is the busiest it's ever
been.
    The firm's legal expertise has earned its reputation, locally and
nationally, as an authoritative voice on all issues of business bankruptcy.
As a result, Entrepreneur Media, Inc. approached Evan D. Smiley and Lei Lei
Wang Ekvall, attorneys and partners at the firm, to co-author Bankruptcy for
Businesses, The Benefits, Pitfalls and Alternatives.
    "We saw a void in the books and sources available for business owners to
go to for answers to common questions about bankruptcy," according to Wang
Ekvall.  "So, when the publisher approached us, and asked if we would be
interested in authoring this book, saying yes was an easy decision."
    Bankruptcy for Businesses, The Benefits, Pitfalls and Alternatives is a
must-read for small to medium-size business owners considering bankruptcy
relief.  Written to the average business owner, it provides an overview of the
general perils and benefits of bankruptcy, enabling business owners to gain an
understanding of the process before choosing to enter into it.
    "Having a general awareness of the bankruptcy process allows a business
owner and management team to better prepare for, and gain advantage from, what
can be a costly, time-consuming, labor-intensive and distracting endeavor,"
said Smiley.  "I'm pleased that the book is out at this juncture, and believe
that the timing is right."
    Published by Entrepreneur Media, Inc., 2007 and distributed by
McGraw-Hill, with a CD-ROM package, the book details bankruptcy procedures,
alternatives, and prevention strategies for small to medium-sized businesses
(It is assumed that the business is a corporation, partnership, or some other
formal legal entity).
Wang Ekvall and Smiley give information on how to survive, if the core
business is sound and may benefit from the assistance of bankruptcy.  On the
other hand, if a business needs to wind down and potentially close, they offer
methods to orderly liquidate assets.
    "They take on an extremely technical, complex and continually evolving
area of law and correct some of the popular misconceptions associated with
it," according to Rick Chance, a Managing Director and Group Head of the
Special Situations Advisory Group at KPMG Corporate Finance LLC, based in
Costa Mesa, CA.  "In my every day practice as an investment banker, I see
business owners who are contemplating bankruptcy.  The book provides answers
for these individuals to assess whether it is time to see a bankruptcy
attorney to pursue such an action."
    Bankruptcy for Businesses, The Benefits, Pitfalls and Alternatives is
available on Amazon.com, Barnes & Noble, Borders, and wherever business books
are commonly sold.
Evan D. Smiley
Evan D. Smiley focuses his practice on bankruptcy/insolvency matters and
complex business litigation.  Smiley is a former President and Director of the
Orange County Bankruptcy Forum.  He is certified as a specialist in Business
Bankruptcy Law by the American Bankruptcy Institute.  In 2005, 2006, 2007 and
2008, Mr. Smiley was selected by the publishers of Los Angeles magazine as a
Super Lawyer, representing the top 5 percent of the practicing attorneys in
Southern California.
    Lei Lei Wang Ekvall
    Lei Lei Wang Ekvall concentrates her practice on bankruptcy-related
matters including business reorganizations, creditors' rights, and trustee
representation.  She is the treasurer of the Orange County Bar Association.  A
past president and director of the Orange County Bankruptcy Forum and the
Orange County Asian American Bar Association, Wang Ekvall has served as a
co-chair and member of the Central District of California Lawyer
Representatives of the Ninth Circuit Judicial Conference.  She is recognized
by Los Angeles magazine as a Super Lawyer, representing the top 5 percent of
practicing attorneys in Southern California.
    Firm Background
    Weiland, Golden, Smiley, Wang Ekvall & Strok, LLP has confirmed chapter 11
plans for a wide variety of businesses. This includes representation of
debtors, creditors, creditors' committees, trustees, asset purchasers and
other parties in bankruptcy cases, receiverships, private workouts and
settlement negotiations. Its transactional attorneys are skilled in business
acquisitions and mergers, secured lending transactions, the acquisition,
financing, development, subdivision, leasing and sale of real property, and
general corporate and business matters. When necessary, the firm's highly
experienced litigators guide clients through the complex discovery, trial and
appellate process.
    Its impressive attorney list has included bankruptcy trustees, a former
Assistant United States Attorney, and a retired Associate Justice of the
California Supreme Court. The Martindale-Hubbell Law Directory awarded
Weiland, Golden, Smiley, Wang Ekvall & Strok LLP, as well as Smiley and Wang
Ekvall, individually, an "AV" rating, the highest professional rating awarded
by that publication. The firm also appears in the Martindale-Hubbell Bar
Register of Preeminent Lawyers.
SOURCE  Weiland, Golden, Smiley, Wang Ekvall & Strok, LLP

Marla McCutcheon, +1-949-861-8260, marla@synergymediapr.com, for Weiland,
Golden, Smiley, Wang Ekvall & Strok, LLP
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