Business Reorganization

Owning a Marijuana Business Doesn’t Disqualify the Owner from Being in Chapter 7

Bankruptcy Judge Montali didn’t toss an individual out of chapter 7 just because he owned two LLCs that sold marijuana at retail.

Inside ABI July 2024

President’s Column Last month, I wrote about the New York City Bankruptcy Conference being my first as ABI President. What an experience! And, yes, my live Peloton ride was nearly as exciting. For any Peloton Bike users, I was excited to take the 30-minute Alex

Legislative Highlights July 2024

Legislative Highlights “Corporate Crimes Against Health Care Act of 2024” Introduced in Response to Steward Health Care Bankruptcy Sens. Elizabeth Warren and Ed Markey (D-Mass.) on June 11 introduced a new bill 1 aiming to crack down on “private equity abuse in the

Federal Circuit Jun 12, 2024

Sub V Debt ‘Cap’ in Peril of Reverting to About $3 Million on June 21

One senator is blocking an extension of the $7.5 million debt cap for Subchapter V and the $2.75 cap for chapter 13.