BED BATH & BEYOND FILES FOR CHAPTER 11 BANKRUPTCY IN THE UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY
Co-Authored by Courtney Schroeder On April 23, 2023, Bed Bath & Beyond Inc., et al., filed a voluntary petition for Chapter 11 bankruptcy under the United States Bankruptcy Code. The company was compelled to file after failing to secure funds to maintain operations. The home goods retailer based in Union, New Jersey filed for protection […]
Hollister Construction Services, LLC Files for Bankruptcy
Co-Authored by Justin S. Baumgartner On September 11, 2019, Hollister Construction Services, LLC filed for Chapter 11 bankruptcy protection in the District of NJ, Trenton Vicinage. The Parsippany-based construction company deals in general construction work, including ground-up construction services, interior and exterior renovations, and building additions. When a developer such as Hollister files for bankruptcy […]
A BALANCE OF POWER
WHICH LEVEL COURT IS BEST POSITIONED TO DECIDE THE QUESTION OF “INSIDER” STATUS UNDER THE BANKRUPTCY CODE? Determining whether a creditor or interested party to a bankruptcy proceeding is an “insider” is often critical. In Chapter 11 proceedings, if the Bankruptcy Court determines a creditor to be an insider, then he or she is not […]
Add Web Slice