Retention Matters in Chapter 11Retention is the process of hiring the professionals a company needs to guide its Chapter 11 reorganization, such as lawyers, accountants, and financial advisors. Even if their involvement is limited to providing funds, the potential for conflicts remains and must be carefully managed during the Chapter 11 process. Litigation Funding in BankruptcyThird-party litigation funding has grown significantly, but raises unique challenges in Chapter 11, especially around transparency and control. Another practical risk is what happens when Chapter 11 cases fail. Retention as the Key to Fairness in Chapter 11Retention in Chapter 11 is far more than a formality.