JME filed a plan of reorganization for a subchapter v debtor with the subchapter v trustee in support of the restructuring proposal. Having the subchapter v trustee’s encouragement is crucial in these small business cases.
JME was approved as special litigation counsel to a chapter 7 trustee tasked with liquidating the estate’s assets. This case consisted primarily of causes of action.
The “Nondebtor Release Prohibition Act of 2021” is heading to the House floor. The proposal would curb the extent bankruptcy judges can afford non-debtor stays or injunctions, which many find offensive as it allows non-debtors to enjoy one of the biggest benefits of bankruptcy without any of the oversight or burdens. Still, in some cases a non-debtor stay may be vital to a bankruptcy case or the debtor’s performance. – Read More
The Federal Reserve has signaled it will begin pulling back some of its economic aid which has erupted in recent times in the wake of the pandemic. The Fed has vocalized concerns about rising inflation rates. Read More
We’re tracking a number of previously filed chapter 11 cases. 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.