Articles from Shenwick & Associates

InfoWars Case Spotlights Limits of Small Business Bankruptcy Law and Subchapter V

 Bloomberg Law has an interesting post about InfoWars Case Spotlights Limits of Small Business Bankruptcy Law and Subchapter V small business chapter 11 filings. The article can be found at https://lnkd.in/gFH7fJE8Persons with questions about Subchapter V should contact
Jim Shenwick, Esq. 212 541 6224 [email protected]

Subchapter V eligibility update

 The 9th Circuit Bankruptcy BAP has ruled in RS Air, LLC that a profit motive is not required for a debtor to qualify for Subchapter V relief. An article about this case can be found at https://www.jdsupra.com/legalnews/profit-motive-not-required-for-9954771...

Subchapter V Bankruptcy for Small Businesses

 A very information article about Subchapter V Bankruptcy for small businesses can be found at https://blogs.lawyers.com/attorney/bankruptcy/can-you-benefit-from-small...
The article is titled Can You Benefit From Small Business Bankruptcy Under Subchapter V? by Adrienne Woods

SubChapter V Bankruptcy for Small Business an Update

 SubChapter V, the new small business chapter 11 bankruptcy is approximately 2 years old. Congress’s goal was to create a less costly form of  reorganization for small businesses.  For many small businesses, Chapter 11 filings were too expensive.

Why there’s a unified movement to cancel student loans but not credit card debt or mortgages?

 Why there’s a unified movement to cancel student loans but not credit card debt or mortgages? Very interesting article discussing this topic at CNBC at https://www.cnbc.com/2022/05/10/why-theres-a-push-to-forgive-student-loa...Jim Shenwick, Esq. 212-541-6224 [email protected]

Pot and Bankruptcy Law, Not a Great Mix

 Pot and Bankruptcy Law, Not a Great Mix

Future of NYC’s iconic yellow cabs looks like another ride-hailing app see article at Gothamist below

 https://gothamist.com/news/future-of-nycs-iconic-yellow-cabs-looks-like-another-ride-hailing-appNew York City’s yellow cabs may operate and function more like their ride-hailing app competitors in the future, according to the Taxi and Limousine Commission’s strategic plan released late Friday.The agency said it wants to roll out shared ri

Bankruptcy filings are creeping back up in early 2022 see article in Reuters below

 https://www.reuters.com/legal/transactional/bankruptcy-filings-are-creeping-back-up-early-2022-2022-04-05/(Reuters) - Bankruptcy filings have started to increase this year and the number of new cases filed in March jumped significantly from February, but remain below last year's numbers, according to data released on Tuesday by legal research firm Epiq.The total number of new commercial and consumer bankruptcies filed in March grew 33.5% over the

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