Senior District Court Judge, Bernard A. Friedman, for the United States District Court for the Eastern District of Michigan Southern Division, held that Social Security benefits can be considered in deciding whether a Chapter 7 can be dismissed for “abuse”
Earlier this year, I wrote about various bankruptcy courts that have allowed debtors to redesignate or convert previously filed “traditional” Chapter 11 and 7 cases to Subchapter V /Small Business Reorganization Act (“SBRA”) cases. Again, the SBRA came into effect
Century 21 Stores, an off-price retailer with 13 stores across New York, New Jersey, Pennsylvania, and Florida filed for Chapter 11 bankruptcy protection
Century 21 Stores, an off-price retailer with 13 stores across New York, New Jersey, Pennsylvania, and Florida
This past February, the Small Business Reorganization Act of 2019 came into effect adding Subchapter V to the Bankruptcy Code’s existing Chapter 11 with the goals of expediting the restructuring process and allowing an easier path out of bankruptcy to
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law March 27th and is now considered yesterday’s news as we have come to realize that no amount of government stimulus will effectively bail out businesses and individuals
Rental issues surrounding the fallout of COVID-19 continue to pile up.
Last month, I wrote about the deferred rental payments in recent retail bankruptcies. However, many landlords are grappling with tenants seeking to reduce rental obligations as a result of
Deferring Rental Obligations
Retail bankruptcies are piling up as a result of empty malls and shopping centers due to COIVD-19 restrictions and social distancing policies. Recent retail chapter 11 filings include Neiman Marcus, J.C. Penney, J. Crew, Modell’s Sporting Goods,
PODCAST OVERVIEW
Host Jeana Goosmann and Goosmann Law Firm Omaha Partner Elizabeth Lally talk about collecting on debts during COVID-19. There have been many changes recently in the banking and bankruptcy world and the laws continue to change for states
PODCAST OVERVIEW
Guest Colin Tague, Vice President of Commercial Services at Security National Bank in Sioux City, Iowa, and host Jeana Goosmann talk about how business owners have been impacted during COVID-19 and how their banker can help.
PODCAST OVERVIEW
Host Jeana Goosmann and guest Mack La Rock, Omaha Market President of Arbor Bank, in Omaha, Nebraska, talk about how business owners have been impacted during COVID-19 and how their banker can help. Jeana and Mack talk
