By Suzette Parmley | April 30, 2020
The sporting goods retailer was granted its first suspension on March 27, allowing it to defer April 1 rent due to landlords owning the spaces Modell's stores occupy.
New Jersey Law Journal | Analysis
By Bruce H. Levitt | April 22, 2020
The Small Business Reorganization Act adds Subchapter V to Chapter 11 of the Bankruptcy Code, and creates a more efficient and less costly process for small businesses to reorganize.
By Leigh Jones | Vanessa Blum | April 17, 2020
Randy Mastro, co-chair of the firm's litigation practice group, describes the growing wave of lawsuits.
New Jersey Law Journal | Analysis
By Joseph H. Lemkin | April 16, 2020
With uncertainty as to when the pandemic will ease, Bankruptcy Courts do not seem to be a panacea leading to successful reorganizations or orderly liquidations for troubled companies.
By Suzette Parmley | March 28, 2020
The proceedings provide a glimpse of how COVID-19 has further upended the already reeling brick-and-mortar retail industry.
New Jersey Law Journal | Analysis
By New Jersey Law Journal | February 10, 2020
Three recent and noteworthy bankruptcy decisions within the Third Circuit; questions relating to the return of a vehicle that has been repossessed; a look at the new Small Business Reorganization Act; and the role of the patient care ombudsman when a hospital declares bankruptcy.
New Jersey Law Journal | Analysis
By Warren J. Martin Jr. and Rachel H. Ginzburg | February 7, 2020
Given that hospital bankruptcies are on the rise, the role of the patient care ombudsman is becoming more necessary and commonplace. The key challenge the courts face is striking a balance between ensuring ongoing proper patient care while maximizing the bankruptcy estate.
New Jersey Law Journal | Analysis
By Melissa A. Peña and Bruce J. Wisotsky | February 6, 2020
The Small Business Reorganization Act, which becomes effective on Feb. 19, 2020, seeks to address problems encountered by small business debtors in reorganizing under the provisions of the United States Bankruptcy Code.
New Jersey Law Journal | Analysis
By John M. August | February 5, 2020
An all too common occurrence today is a debtor filing a Chapter 13 bankruptcy petition to regain possession of a vehicle that was repossessed pre-petition. Does the creditor have to return the vehicle at the debtor's request? Will failure to return the vehicle expose the creditor to damages for violation of the automatic stay?
New Jersey Law Journal | Analysis
By Rachel Ehrlich Albanese and Gregory Martin Juell | February 4, 2020
Bankruptcy and corporate restructurings continue to be active despite generally strong U.S. financial markets and broader macroeconomic conditions. This is a brief overview of three recent and noteworthy bankruptcy decisions within the Third Circuit.
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