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The More Things Change, The More They Stay The Same? Survival Of Small Businesses Again Dependent On Action From Congress | Fox Rothschild LLP

The More Things Change, The More They Stay The Same? Survival Of Small Businesses Again Dependent On Action From Congress | Fox Rothschild LLP
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Bifurcated Fee Agreements Approved in Southern District of Florida, But Barred in Western District of Kentucky | Fox Rothschild LLP

The United States Supreme Court ruled that 11 U.S.C. § 330(a)(1) does not authorize compensation to debtors’ attorneys from estate funds. Lamie v. U.S. Trustee, 540 U.S. 1023 (2004). A. ....

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Opinion Of Interest – In Re Cinemex: COVID Or Not, Parties Still Bound By Lease Terms - Insolvency/Bankruptcy/Re-structuring

In a recent opinion issued in the Cinemex theater
bankruptcy cases,
In re Cinemex USA Real Estate Holdings,
Inc., Case No. 20-14695-BKC-LMI, 2021 WL 564486 (Bankr. S.D.
Fla. Jan. 27, 2021), Judge Laurel M. Isicoff of the U.S. Bankruptcy
Court for the Southern District of Florida ruled that while Cinemex
was excused from paying rent under a lease for one of its Florida
theaters for the time period during which Cinemex, and other
non-essential businesses, were barred entirely from opening under
Florida s COVID shutdown orders, Cinemex s obligation to
pay rent was not excused, and the lessors were entitled to payment
of rent as an administrative priority expense, once Florida s ....

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