2020 11 
Collection Industry News
DECEMBER 27, 2023
Dec 13 (Reuters) – The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to offer some respite in the second half of 2024. There have been 591 U.S. There have been 591 U.S. Riley Wealth, said.
PBWT
FEBRUARY 10, 2022
In November 2020, Arizonan voters supported a ballot initiative legalizing recreational use of marijuana. Of course, Arizonans needed a place to buy the newly-legalized substance, and retail marijuana dispensaries emerged to meet the demand. Bankruptcy Court for the District of Arizona. The bankruptcy trustee and the U.S.
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ABI
JANUARY 13, 2021
American Bankruptcy Institute Law Review Staff. . Under section 365(d)(3) of title 11 of the United States Code (the “Bankruptcy Code”), a trustee or debtor in possession must generally pay rent in accordance with the terms of an unexpired lease. ii] On February 17, 2020, debtor Pier 1 Imports, Inc. May 10, 2020). [ii]
ABI
JANUARY 22, 2023
John's University School of Law American Bankruptcy Institute Law Review Staff The Worker Adjustment and Retraining Notification Act ("WARN Act") provides that “an employer shall not order a plant closing or mass layoff until the end of a 60-day period after the employer serves written notice of such order” to each impacted employee. [1]
Collection Industry News
SEPTEMBER 29, 2020
Just in Time: New Bankruptcy Relief for Small Businesses. A unique opportunity for Chapter 11 restructuring of small businesses with up to $7.5 million) to take advantage of a new way to restructure under chapter 11 of the Bankruptcy Code. million of third-party debt is set to expire early 2021. By Jerrold L.
PBWT
JUNE 23, 2020
and most of its affiliates filed for bankruptcy on May 22, 2020. This was just one corporate failure among many in the midst of the COVID-19 pandemic; but, a novel strategy by Hertz to raise capital to fund its bankruptcy has raised eyebrows instead. Hertz Global Holdings Inc. 1] The Court approved the motion the very next day.
Troutman Sanders
JANUARY 23, 2024
On January 19, the Federal Court of Appeals for the Third Circuit ordered the bankruptcy court adjudicating the bankruptcy of FTX to appoint an examiner to investigate the collapse of the digital asset exchange. For more information, click here. For more information, click here. For more information, click here.
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