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Bankruptcy Courts Allow Business Debtors to Defer Rent in Response to COVID-19
In re Pier I Imports Inc., 20-30805 (Bankr. E.D. Va. May 10, 2020)
At least one bankruptcy court has crafted a remedy not otherwise addressed prior to the […]
COVID-19 and the Plight of the American Movie Theater
Americans have been going to the movies for more than a century, but for the first time in recent history, theaters are closed, and even if they open in the […]
The Case Study of Neiman Marcus and the Fate of Other Department Stores
While the notorious fashion icon, Neiman Marcus, may be the first among retailers to succumb to the economic impact of COVID-19, the virus was only the final straw in a […]
Business Interruption: Do You Have the Correct Coverage?
Most people tend to be confused as to the type of event business interruption insurance covers. There actually is a distinction between business interruption and civil authority insurance.
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Legal Issues Affecting Your Business Amid the Coronavirus Outbreak
With the coronavirus spreading across the world, Bill Siegel has compiled the following list of best practices companies can follow to maintain some semblance of operations and deal with potential […]
Revisiting the Need for Force Majeure Clauses
We are witnessing interesting times in these hectic days of the Coronavirus. We survived the terrorist attack of 9-11, hurricanes, earthquakes and the Ebola virus and we will get through […]
The Coronavirus and Its Effect on Companies on the Brink
What initially began as a health scare has ballooned into a broad-ranging concern, affecting economies around the world. Businesses that were teetering on the brink of survival may succumb to […]
Filing a Proof of Claim Reserving a Right to a Jury Trial Does Not Prevent a Waiver of Right to Jury Trial
Pursuant to the Supreme Court opinions in Granfinanciera, S.A. v. Nordberg, 492 U.S. 33 (1989) and Langenkamp v. Culp, 498 U.S. 42 (1990), the […]
THE TREATMENT AND ENFORCEMENT OF ARBITRATION CLAUSES IN BANKRUPTCY CASES
Bankruptcy courts throughout the country are being presented with the question of whether to enforce arbitration agreements. In the past, bankruptcy courts have found that arbitration agreements are not enforceable […]
Subsequent Transferee Liability re: Fraudulent Conveyance Lawsuits
The Bankruptcy Code and the Uniform Fraudulent Transfer Act allow a bankruptcy Trustee to recover property that was allegedly fraudulently transferred to an “initial transferee” who then transferred the same […]
A Debtor Licensor of a Trademark Cannot Rescind Use of the Trademark License by Rejecting it in Bankruptcy
Licensees of Trademarks can breathe a sigh of relief: A Debtor cannot use the Bankruptcy Code as a sword by rejecting a trademark license thereby preventing the licensee from using […]
State and Federal IRA Exemptions Don’t Always Jive
Though Eleventh Circuit (Alabama, Georgia, and Florida) appellate decisions do not control decisions in the Fifth Circuit (Louisiana, Mississippi, and Texas), they can be persuasive. The Eleventh Circuit Court of […]
NO MATTER THE CIRCUMSTANCES, STUDENT LOANS ARE INCREASINGLY DIFFICULT TO DISCHARGE IN A BANKRUPTCY
Thomas v. Department of Education (In re Thomas), 18-11091 (5th Cir. July 30, 2019)
The U.S. Court of Appeals for the Fifth Circuit recently ruled that […]
Theft of Trade Secrets Does Not Always Equate to the Non-dischargeability of a Debt in Bankruptcy
The Clash Among Divorce, Bankruptcy, and IRAs/Pensions/Profit-Sharing Plans
Attorneys practicing in the family law area and those individuals going through the process of divorce need to be cognizant of the ramifications of a property settlement and the respective […]
