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Overland Foundation Cycles bike shop clo...

Foundation Cycles opened on the ground floor of Evans Station Lofts in 2019. (Courtesy of Foundation Cycles) Despite the growing demand for bicycles due to the pandemic cabin fever, a local bicycle shop closed and subsequently filed for bankruptcy. Foundation Cycles, which opened at 2140 S. Delaware St. at the base of Evans Station Lofts […]

Committee wants to file its own plan in ...

Boy Scouts of the America Bankruptcy DOVER Del. (AP) – – A committee charged with representing tens of thousands of suspected victims of child sexual assault during the Boy Scouts of America bankruptcy on Wednesday urged the bankruptcy judge to end BSA’s exclusive right to submit a proposal for organize, so that it could make his […]

Bankruptcy – Appeal – Quality of action

Bankruptcy Appeal Panel By: Mass. Lawyers Weekly Staff September 15, 2021 Where a company has challenged a United States Bankruptcy Court judge’s decision to dismiss its request for an order to reopen a Chapter 7 case, the appeal should be dismissed for want of standing. act because the company has not suffered the type of […]

Judge sides with Romano in dispute with ...

Josh Romano, top right, on the set of HGTV pilot “Richmond Rehabbers” in 2017. (BizSense File Photos) A judge’s ruling in favor of Josh Romano in a dispute with one of his former lenders signals the end of the famous local pinball machine’s nearly three-year bankruptcy. In an order filed late last month, U.S. bankruptcy […]

Bankruptcy filings are down, but lousy d...

September 14 – New commercial bankruptcy filings continued to decline throughout 2021, but experts say the favorable conditions that have allowed companies to avoid Chapter 11 for now will not last forever, as the consequences of questionable agreements and underlying operational problems will arise. the front. Commercial bankruptcy filings exploded in 2020 but continued into […]

Shotgun Willie’s ends bankruptcy case be

The latest thing to come out at Shotgun Willie? Bankruptcy protection. The Glendale Strip Club pulled out of the Chapter 11 process over the summer, eight months after filing. Shotgun Willie’s did not come out of bankruptcy in the traditional sense, with a reorganization plan in place. On the contrary, the club at 490 S. […]

How asbestos saved the Sackler family fr...

A LONG LEGAL chapter of the opioid epidemic in the United States, which continues to kill tens of thousands of people a year, finally came to an end on September 1 when a federal judge in New York City approved Purdue Pharma’s bankruptcy plan , who developed and manufactured OxyContin, a highly addictive pain reliever […]