The urgency comes from a looming March 27 deadline to utilize enhanced bankruptcy protections that became available to many small businesses in the spring of 2020, explains attorney Adam Fletcher from BakerHostetler.
Statues from Christ the King Seminary went missing, only to reappear for sale at an antique store
In November, former seminary volunteers say six bronze statues disappeared from Christ the King, only to reappear at Kelly Schultz s Antiques on Main Street in Clarence.
and last updated 2021-02-26 23:17:46-05
CLARENCE, N.Y. (WKBW) â On February 4, 2020, the Buffalo Diocese announced Christ the King Seminary would close.
In August, former seminary volunteers said statues around the property began disappearing.
By November, volunteers said six bronze statues were completely gone, only to reappear at Kelly Schultz s Antiques on Main Street in Clarence.
Former Seminary Volunteer
Bradley s Bankruptcy Basics: Chapter 7 Bankruptcy — Liquidation | Bradley Arant Boult Cummings LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
GREED: Marble Ridge Capital Founder Pleads Guilty To Bankruptcy Fraud In Connection With Neiman Marcus Bankruptcy
Posted on 02/03/2021
Daniel Kamensky, age 48, of Roslyn, New York, pled guilty to one count of bankruptcy fraud, which carries a maximum sentence of five years in prison. Sentencing has been scheduled for May 7, 2021. Daniel Kamensky is the founder of New York-based hedge fund Marble Ridge Capital. The fraud was in connection with his scheme to pressure a rival bidder to abandon its higher bid for assets in connection with Neiman Marcus’s bankruptcy proceedings so that Marble Ridge could obtain those assets for a lower price.
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On December 27, 2020, the Consolidated Appropriation Act (“CAA”) was signed into law. The CAA amends the Bankruptcy Code in several significant respects. Most of the amendments expire in either one or two years unless they are later extended. Ten changes to the Bankruptcy Code are summarized below. Any financially distressed company and its creditor constituents – including borrowers, lenders, landlords, tenants, trade vendors, utility companies, and customs brokers – will be interested in one or more of these changes.
Potentially Making PPP Loans Available to Debtors
The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) created the Paycheck Protection Program (the “PPP”), administered by the Small Business Administration (“SBA”), and created a controversy about the availability of such loans to companies in bankruptcy. The SBA consistently opposed PPP loans for debtors, and the ca