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A major creditor in a bankruptcy case involving the former owner of Olympus Pools wants the whole case thrown out

by: Shannon Behnken, Erik Altman Job : January 13, 2022 / 3:17 p.m. EST / Update: January 13, 2022 / 3:17 p.m. EST (better call Behnken photo) TAMPA, Fla. (WFLA) — A lead creditor in the bankruptcy case involving Olympus Pools owner James Staten is seeking to have the entire bankruptcy case dismissed, according to […]

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Poughkeepsie physiotherapy company files for bankruptcy in landlord-tenant dispute

A physiotherapy company in Poughkeepsie has filed for bankruptcy, attributing financial hardship to landlord-tenant issues and the Covid-19 pandemic. Physiotherapy and physiotherapy center in New York. Photo courtesy of New York Hand and Physical Therapy. New York Hand & Physical Therapy PLLC declared $ 30,000 in assets and $ 212,236 in liabilities, in a Chapter […]

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The Day – Diocese of Norwich expects to have proposed bankruptcy plan by April 1

A lawyer for the Diocese of Norwich told a federal bankruptcy court judge on Wednesday that he plans to file a draft bankruptcy plan by April 1 to resolve the claims of at least 70 people who say they have been assaulted sexually by priests and employees affiliated with the diocese. During the remote hearing […]

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Complex legal battle over OC oil spill begins to take shape in federal court – Orange County Register

Lawyers from well-connected local and high-power law firms showed up at a Santa Ana courthouse on Wednesday as a federal judge began to set the stage for a complex legal battle over the recent pipeline breach that leaked 25,000 gallons of oil into the sea. Orange County. With 14 civil lawsuits involving at least 22 […]

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New Haven developers top bidders at Meriden buildings auction

MERIDEN – A New Haven-based partnership was the top bidder at $ 250,000 in a bankruptcy auction for two buildings, 9-11 and 13-17 Colony St. on Wednesday. Mendel Paris, founder of Havn Ventures, and Johnny Grunblatt of Malbec Enterprises LLC were among four bidders who attended the bankruptcy auction behind the properties on Railroad Avenue. […]

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5 ways to get financing with bankruptcy in your past

There’s good news and bad news to consider when getting financing following bankruptcy. The positive side is that you are able to get finance after a judge has accepts or denies your bankruptcy. However, the bad news is that you’ll be waiting a long time to save some cash. However there are five options to obtain financing. Image […]

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Bankruptcy Matters: The New Pandemic Wave Is Coming | JAMS

Three JAMS neutrals share their views on business disruptions and the impact of COVID-19 on bankruptcy courts You can reasonably assume, given the ongoing economic upheavals due to the COVID-19 pandemic, that the number of personal and business bankruptcies would have exploded. But this has not been the experience of three JAMS neutrals who operate […]

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Health organizations and bankruptcy: is telemedicine the savior? | Epiq

The healthcare sector has been under financial stress for years, with a record number of bankruptcy filings in 2018. The high number of filings continued into 2019 and 2020, with the effects of the pandemic exacerbating the situation. According to Epiq AACER reports, in 2021 there was a 48.7% decrease in Chapter 11 filings compared […]

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The judge who oversaw Lehman’s bankruptcy resignation

By Anna Sanders (December 15, 2021, 1:08 p.m. EST) – New York judge Shelley C. Chapman, who oversaw the Lehman Brothers Holdings bankruptcy case and hundreds of other Chapter 11 cases, has announced plans to step down next year after more than a decade with the Southern District. “I’m not retiring – I’m just stepping […]

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Bradley’s Bankruptcy Basics: The Automatic Suspension and the “Why” Behind the Warnings: What Happens After a Debtor Files For Bankruptcy? | Bradley Arant Boult Cummings LLP

Many creditors have been warned of the need to stop collection efforts once they are notified that a debtor has filed for choosing the right bankruptcy attorney. However, the “why” behind this warning, primarily the automatic suspension, is often misunderstood or ignored. Since automatic stay violations can have serious ramifications, it is essential that creditors […]