Author: Thomas S. Onder
Sears Continues to File Hundreds of Preference Suits Against Trade Creditors
Posted in Bankruptcy & Creditor's Rights
The lawsuits just keep coming… last week, Chapter 11 Debtor, Sears Holdings Corporation (“Sears”) continued to file hundreds of preference complaints to recover money from paid pre-petition creditors. The Debtor filed a mass of suits back in November 2019. For most creditors, it makes no sense that they receive a… Continue reading
Sears Wants It’s Money Back… Debtor Filing Preference Complaints Against Trade Creditors
Posted in Business & Commercial Law
This past week, Chapter 11 debtor Sears Holdings Corporation (“Sears”) filed hundreds of preference complaints to recover money from paid pre-petition creditors. For most creditors, it must seem odd to be receiving a complaint to return money for goods or services sold prior to October 15, 2018 (the date when… Continue reading
David’s Bridal Says “I Do” to Chapter 11 Bankruptcy Filing
Posted in Business & Commercial Law
David’s Bridal, Inc., the country’s largest wedding dress retailer, filed for Chapter 11 bankruptcy protection in the District of Delaware this morning, under case Number 18-12635 (LSS). According to reports from USA Today, the company plans to operate its 300 stores and stay in business. Unlike its competitor, Alfred Angelo,… Continue reading
10 Retailers to Watch for a Bankruptcy Filing in 2018
Posted in Business & Commercial Law
2017 represented one of the busiest years for Chapter 11 retail bankruptcy filings. Many companies that filed have successfully emerged, like Payless. Yet, some are still questionable as to their future, such as Toys “R” Us, which is expected to begin selling a number of their leases and company owned… Continue reading
Charming Charlie’s the Next Retail Filing in 2017?
Posted in Business & Commercial Law
On December 11, 2017, Charming Charlie Holdings, Inc. (“Charming Charlie”), the Houston–based fashion jewelry and accessories chain filed a Chapter 11 Bankruptcy Case in the United Bankruptcy Court for the District of Delaware. Charming Charlie has closed about 100 of its 360 stores. Further, its New York City flagship location… Continue reading
Landlord’s Beware: Fair Debt Collection Practices Act Applies to Eviction Actions
Posted in Bankruptcy & Creditor's Rights
Recently, the Appellate Division of the State of New Jersey in Hodges v. Feinstein, Raiss, Kelin & Booker, LLC declared that law firms that regularly file summary dispossess action (aka “evictions”) for non-payment of rent are subject to the Fair Debt Collection Practices Act (“FDCPA”). Additionally, the Appellate Division held residential evictions for failure to pay rent must now be made by verified complaint. Continue reading
Livestock and Breeding Animal Warranties
Posted in Litigation
Successfully defended Michigan based alpaca breeder in breach of contract claim. Continue reading
