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Edward E Neiger

Edward E Neiger

May 28, 2015 | New York Law Journal

Oil and Gas Companies Seek Chapter 11 Protection

In his Bankruptcy Update, Edward E. Neiger writes: As U.S. oil prices plunged to below $50 a barrel, an over 50 percent decrease as compared to prices a year ago, numerous oil and gas firms, particularly within the upstream and oil field services sectors, were forced to seek protection under chapter 11 of the Bankruptcy Code. Struggling oil and gas companies cite an overall industry slowdown coupled with difficulties in obtaining financing as common precipitating factors to seeking bankruptcy relief.

By Edward E. Neiger

7 minute read

February 24, 2015 | New York Law Journal

Apparel Companies' Filings Follow Drops in Sales

In his Bankruptcy Update column, Edward E. Neiger looks at recent bankruptcy filings in the retail sector, particularly among teen and women's apparel companies. The young adult retail sector continues to experience severe drops in sales and stock prices, as brick-and-mortar retail stores lose consumers to e-commerce and face increasing competition from discount department stores.

By Edward E. Neiger

7 minute read

February 23, 2015 | New York Law Journal

Apparel Companies' Filings Follow Drops in Sales

In his Bankruptcy Update column, Edward E. Neiger looks at recent bankruptcy filings in the retail sector, particularly among teen and women's apparel companies. The young adult retail sector continues to experience severe drops in sales and stock prices, as brick-and-mortar retail stores lose consumers to e-commerce and face increasing competition from discount department stores.

By Edward E. Neiger

7 minute read

December 24, 2014 | New York Law Journal

When Reality Television Gets Real: Housewives in Bankruptcy

Edward E. Neiger and Dina Gielchinsky of ASK LLP seek to set the record straight on the bankruptcies of Real Housewives Sonja Tremont-Morgan and Teresa Giudice.

By Edward E. Neiger and Dina Gielchinsky

14 minute read

November 20, 2014 | New York Law Journal

Detroit, General Motors and Other High-Profile Cases

In his Bankruptcy Update, Edward E. Neiger discusses the historic confirmation of the City of Detroit's plan of reorganization and the status of litigation that brought General Motors back before the bankruptcy court, along with the potential sale of Energy Future Holdings' stake in Oncor Electric and the successful sale of substantially all of Natrol Inc.'s assets.

By Edward E. Neiger

9 minute read

August 29, 2014 | New York Law Journal

City of Detroit Moves Ahead on Reorganization Plan

In his Bankruptcy Update, Edward E. Neiger writes that in the months that followed the landmark December 2013 decision declaring Detroit eligible for Chapter 9 relief despite vehement opposition, Detroit engaged in discussions with its various creditor constituencies and worked to develop its plan of reorganization.

By Edward E. Neiger

7 minute read

May 20, 2014 | New York Law Journal

GM Claims Bankruptcy Sale Bars Claims Over Ignition Defects

In his Bankruptcy Update, Edward E. Neiger discusses Detroit's progress in developing a plan to exit bankruptcy protection, litigation that brought General Motors back before the bankruptcy court, Quiznos' recent confirmation of its plan of reorganization and more.

By Edward E. Neiger

10 minute read

February 27, 2014 | New York Law Journal

City of Detroit; Dewey and Dreier Firm Proceedings

In his Bankruptcy Update, Edward E. Neiger, a co-managing partner at ASK LLP, discusses Detroit's historic win in its Chapter 9 eligibility battle and next steps in its proceeding; the proposed sale of Girls Gone Wild and the Astros' failed attempt to dismiss Houston Regional Sports Network's bankruptcy case; and litigation and other developments in the Dewey & LeBoeuf and Dreier bankruptcy proceedings.

By Edward E. Neiger

11 minute read

July 16, 2013 | New York Law Journal

Dewey Settlement Approved; Reader's Digest Plan Confirmed

In his Bankruptcy Update, Edward E. Neiger, a co-managing partner at ASK LLP, discusses recent events in the high-profile bankruptcy cases of Kodak, ResCap, Dewey & LeBoeuf, Reader's Digest and MF Global.

By Edward E. Neiger

11 minute read

October 29, 2012 | New York Law Journal

Dewey Clawback Settlement Approved, GM Restructuring Questioned

In his Bankruptcy Update, Edward E. Neiger, managing partner at ASK LLP, a law firm focusing on bankruptcy and corporate law, updates readers on major events that transpired in the high-profile bankruptcy proceedings of Hostess Brands, Eastman Kodak, Vertis, Solyndra, Dewey & LeBoeuf and General Motors.

By Edward E. Neiger

12 minute read