Eloy A Peral

September 26, 2017 | New York Law Journal

The pressures inherent in "time is of the essence" closings can breed ill-informed, and at times, regrettable decisions aimed at avoiding the potentially catastrophic result of failing to timely close. Bankruptcy can provide a "breathing spell" for financially distressed single-asset entities whose entire value is dependent on whether it can meet a "time is of the essence" deadline.

By Eloy A. Peral

5 minute read

December 05, 2016 | New York Law Journal

Eloy A. Peral of Wilk Auslander writes: Despite its growth in recent years, the marijuana industry faces a host of challenges stemming from the reality that using or profiting from marijuana in any fashion, even if it is legal under state law, remains a federal crime under the Controlled Substances Act of 1970. The article examines one of these challenges: the ability to take advantage of the Bankruptcy Code.

By Eloy A. Peral

16 minute read