Perhaps oversimplifying, but this is a good article to guide anyone who is in need of assistance in a bankruptcy case. I like it because it highlights some of the things I really stress: (1) only hire someone you feel comfortable working with (2) avoid "mills" where you will be treated like a number; and (3) hire a real bankruptcy attorney, not a general practitioner that just does bankruptcy from time-to-time. Bankruptcy is a complex area of law and you need counsel that knows their way around the Bankruptcy Code
St Michael's Medical Center filed a chapter 11 case in Newark, New Jersey on August 10, 2015. A Sale of Substantially all of St Michael's assets to the "highest and best" bidder, is scheduled for November 5, 2015. Currently, the best bid on the table is a $49m bid from California based Prime Healthcare. but those involved in NJ healthcare question the wisdom of such a sale and are looking for the State to take a proactive stance. Read the attached article for more information.
Do you have a "20 Days" claim for goods sold to a debtor? Read this article to find out what your rights may be!
"Don't Reclaim! Get Paid on Your 20 Day Claim!"
Have a claim for goods sold to a debtor just before bankruptcy was filed? This article may interest you! Often business people are aware that they can file a motion to reclaim goods that wer e shipped to a debtor shortly before the debtor filed a chapter 7 or a chaoter 11 bankruptcy petition. But did you know you can file a motion to get paid... 100% of your claim on an admistrative priority basis? That's right. If the debtor sells your goods while the debtor is in bankruptcy you can get a special super-priority claim and get paid 100 cents on the dollar... not share pro rata with all the rest of the creditors! So why take back the goods when you can get paid instead! That's really what you wanted in the first place, right?
Check out this recent Publication by Karina Pia Lucid, Esq http://www.highroadsolution.com/file_uploader/images/BusinessLawV36N2Oct2012.pdf