The Worker Adjustment Retraining Notification Act (“WARN Act”), as well as certain state statutes, require employers to provide employees with advance notice of a plant closing or a mass layoff. A company’s failure to provide...more
1/28/2025
/ Back Pay ,
Bankruptcy Court ,
Chapter 11 ,
Corporate Counsel ,
Debtors ,
Employee Rights ,
Employees ,
Employment Litigation ,
Fiduciary Duty ,
Layoff Notices ,
Layoffs ,
Liquidation ,
Wage and Hour ,
Wages ,
WARN Act
A recent decision from the Southern District of New York provides insight for creditors seeking to enforce judgments against debtors who subsequently file for bankruptcy. In Honeedew Investing LLC v. Abadi, No. 24 Civ. 6434...more
12/13/2024
/ Automatic Stay ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 7 ,
Confession of Judgment ,
Consumer Bankruptcy ,
Creditors ,
Debtors ,
Enforcement ,
Jurisdiction ,
Motion To Remove
A recent decision by the United States Bankruptcy Court for the Southern District of New York may have significant implications for digital asset holders and users. The decision, issued on October 24, 2024, granted a motion...more
In a recent decision of interest, the Bankruptcy Court for the Eastern District of Michigan held that a non-compete clause within a franchise agreement as well as confidentiality agreement could not be rejected as an...more
The Celsius Network bankruptcy case is a landmark event in the cryptocurrency world, not just because of the scale of financial failure but due to the complex legal battles it has ignited against tens of thousands of consumer...more
We have written in the past about exceptions to the general rule regarding a debtor’s ability to discharge debt in bankruptcy and achieve a “fresh start.” In a recent decision of interest, the Court of Appeals for the Fourth...more
2/16/2024
/ Attorney's Fees ,
Bankruptcy Code ,
Bankruptcy Court ,
Chapter 7 ,
Creditors ,
Debtors ,
Dischargeable Debts ,
Fraud ,
Interest Accrual ,
Nondischargeable Debts ,
Settlement Agreements