Jennis Morse Etlinger Bankruptcy News July 29, 2022

On June 21, President Biden signed into law the Bankruptcy Threshold Adjustment and Technical Corrections Act (BTATCA). The law extends by two years the $7.5 million debt limit for Subchapter V bankruptcies, which was included as a temporary COVID relief measure in the 2020 Coronavirus Aid, Relief and Economic Security Act (CARES). The BTATCA also made the ceiling retroactive to when the last fix had expired. Read More

Jennis Morse Etlinger – Why You Should Care About C.A.R.E.

Credit Abuse Resistance Education (CARE) provides opportunities for volunteers to address middle school, high school and college age kids about the best practices and pitfalls regarding their credit in an attempt to start them off on the right path. It was created in 2002 by John C. Ninfo, II, retired bankruptcy judge, and now boasts 55 nationwide chapters including eight in Florida. The Tampa chapter in particular was launched in 2007 by Rodney May, retired bankruptcy judge, who has passed the torch to Judges Catherine Peek McEwen and Michael Hooi. If you have a connection with a school or youth organization who could benefit from a presentation (free and approximately one hour long), or, if you would like to volunteer as a presenter, please contact the Tampa Bay Bankruptcy Bar Association’s liaison Daniel Etlinger at detlinger@jennislaw.com or (585) 733-9792. You can also visit CARE’s website or – Read more on our site.

Florida Filings

  • Jul 14, 2022, Liquiguard Technologies, Inc., chapter 11 in the Southern District of Florida
  • Jul 15, 2022, Torino Campus, LLC, chapter 11 in the Southern District of Florida
  • Jul 15, 2022, The A Men of Sarasota, Inc., chapter 11 in the Middle District of Florida
  • Jul 19, 2022, AWKNG, Inc., chapter 11 in the Middle District of Florida
  • Jul 20, 2022, Clarence Plummer, chapter 11 in the Middle District of Florida

Bankruptcy News

  • Insurers bracing for downgrades, preparing for chaos for homeowners. Link
  • Anger, Worry, and Doubt – Celsius Customers ‘Pray’ for the Return of Their Crypto. Link
  • Earplug Plaintiff Lawyers Attack 3M Bankruptcy Backstop. Link

Investment Notes

We’re tracking a number of previously filed chapter 11 cases as well as some of the cases in the news. We’ll keep you posted when opportunities are ripening. For more information on how we can help assist with financing opportunities, please contact the firm at (813) 229-2800.