Bankruptcy, Franchise Law

March 2013 - SALT Shaker Newsletter

by Mary Alexander, Andrew Appleby, Zachary Atkins, Madison Barnett, Todd Betor, Scott Booth, Christopher Chang, Timothy Gustafson, Sahang-Hee Hahn, Jessica Kerner, Pilar Mata, more +Kathryn Pittman, David Pope, Jack Trachtenberg | Sutherland Asbill & Brennan LLP on 4/1/2013

In this issue: - Delivered by Independent Contractors, Undelivered by P.L. 86-272: Order Fulfillment Activities Subject Out-of-State Seller to New York Corporation Franchise Tax - Everything’s Bigger in Texas,...more

Focused on Franchise Law - February 2013

by Barry Kurtz on 2/26/2013

In This Issue: - Franchisor 101: Are Covenants Not-To-Compete Dischargeable In Bankruptcy? - Franchisee 101: Aloha-Distributorships Are Not Franchises - Mark Melton Has Become Of Counsel To The Firm...more

Focused on Franchise Law - January 2013

by Barry Kurtz on 1/23/2013

In This Issue: - Mark Melton Has Become Of Counsel To The Firm - Franchisor 101: Personal Liability In New York For A Franchisor's Owners - Franchisee 101: Beer & Wine Franchisees Enjoy Protection From...more

The Evolution of Sports Bankruptcies

by Steve Krause on 8/8/2012

Team bankruptcies have never been more successful. Unsurprisingly, players and teams in the highflying, swing-for-the-fences world of sports often follow great success with failure. However, while players are still filing...more

Focused on Franchise Law - June 2012

by Barry Kurtz on 6/30/2012

In This Issue: - Franchisor 101: Franchise Friendly: Georgia? - Franchisee 101: Franchisor Bankruptcy - Surviving the Unthinkable - Contributing Expert - Mary Hanson, Esq. ...more

Record-setting Dodgers Sale Sets High Price For Mets Franchise [Video]

by Bloomberg Law on 3/29/2012

March 29 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle and Bloomberg Businessweek reporter Roben Farzad about the sale of the Los Angeles...more

Gym Files for Bankruptcy, Kids Stranded

by Tampa Bay Bankruptcy Center, P.A. on 11/23/2011

One of the 300 outlets of the Little Gym International Inc. franchise that caters for children, the Little Gym of Rockland has filed for Chapter 7 bankruptcy this month. The gym provides gym, karate, and dance classes for...more

Treatment of Franchisee Leases Under 365(d)

by Ruskin Moscou Faltischek on 8/18/2011

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) substantially revised 11 U.S.C. 365 to significantly limit a debtor's time to assume or reject nonresidential real estate leases. Prior to BAPCPA,...more

Deadline for Creditors of Perkins & Marie Callender's Restaurant Companies to File Proofs of Claim Set

by Randall Reese on 7/18/2011

Judge Kevin Gross of the Delaware bankruptcy court entered an order last week setting the deadline (or bar date) for creditors of the Perkins & Marie Callender's restaurant companies (full list of corporate entity names...more

Sbarro Reports $6.3 Million Net Loss for May

by Randall Reese on 6/29/2011

On Friday, Sbarro, Inc. and its affiliates filed their consolidated monthly operating report for May 2-29, 2011 with the bankruptcy court. The companies filed pre-arranged chapter 11 cases in the Southern District of New York...more

U.S. Trustee Asks Court to Convert or Dismiss the Bankruptcy Cases of Duke & King Acquisition Corp. & Affiliates (Operators of...

by Randall Reese on 5/28/2011

The United States Trustee for Region 12 filed a motion on Tuesday in which it asked the Minnesota bankruptcy court to either dismiss or convert to chapter 7 the bankruptcy cases of Duke and King Acquisition Corp. and four...more

Operator of 92 Burger King Franchises, Duke & King Acquisition Corp., Files for Chapter 11 Protection Seeks Authority to Sell All...

by Randall Reese on 1/12/2011

Duke & King Acquisition Corp., which operated 92 (now 87) Burger King franchises in Minnesota, Missouri, Illinois, Wisconsin, Iowa and Kansas but filed for chapter 11 bankruptcy protection in early December of last year,...more