In recent times, the freight transportation industry has been hit hard by a series of significant bankruptcies, underlining the complex challenges facing this vital sector. As the backbone of commerce, trucking and freight transportation are essential for global supply chains. However, as highlighted by these three cases, the economic landscape is far from stable, leading […]
The Atlanta Federal Reserve is reporting modest growth in its April Beige Book, with solid labor markets and consumer spending pretty strong – ahead of the pre-pandemic spending. We’re watching some broader trends in these numbers: Office building mortgages are vulnerable. The growing trend of employers mandating the return to office work has provided some […]
At Jennis Morse we have experience in traditional media Chapter 11 cases and have followed the restructuring in this part of the media space. It appears that the latest crop of media darlings are experiencing challenges getting long traction in their business models. Over the past couple of months several significant developments have occurred within […]
Bed Bath & Beyond is a household name in the retail industry, offering a wide variety of products for the home. Unfortunately, even a company such as that is not immune to economic pressures and the company has recently filed for Chapter 11 bankruptcy protection. Based on court filings this was largely due to the […]
By now, most readers of this blog will be familiar with the spectacular crash of FTX and FTX.US. In brief, in late October, the crypto currency exchange founded by CEO Sam Bankman-Fried collapsed in a matter of days. The practical cause of the unprecedented turnabout was a lack of liquidity and mismanagement of funds. When […]
For people of a certain age, shopping malls are places where lasting memories were made. The mall is where you took a first date, hung out with friends, worked after school during the summer and shopped for Christmas gifts with your parents.That was then. This is 2022.In 2020, Coresight Research, a research and advisory firm […]
JME News C.A.R.E. Essay Writing Contest – Credit Abuse Resistance Education (C.A.R.E.) is a national, nonprofit financial literacy organization created by retired bankruptcy judge John C. Ninfo, II. C.A.R.E. provides FREE presentations to middle school, high school and college kids about the best practices and pitfalls regarding their credit in an attempt to start them […]
JME NewsThe trucking industry is starting to hit a wave of bankruptcy filings as firms are unable to pass along extremely high diesel prices to end clients. One freight news site suggests a “great purge” might be coming for smaller firms. JME has a lot of experience in this industry, if we can assist in […]
JME NewsThe cryptocurrency meltdown from FTX is hitting a number of Florida investors and even our celebrity quarterback Tom Brady. We’re happy to advise anyone affected by the FTX bankruptcy filing. The court appointed CEO says this case might be the most disorganized case he’s been involved with – an “Unprecedented Mess”.C.A.R.E. Essay Writing Contest […]
JME NewsJudge Michael Williamson passed away last Thursday. Florida and the Nation lost a good one. While all of us practicing bankruptcy in the Middle District of Florida knew that Judge Williamson was battling some health issues, it was still a gut punch to hear of his passing. To many of us at Jennis Morse […]
