When a company files a Chapter 11 petition, what are your rights as a creditor as it pertains to your ability to collect under a liability insurance policy held by the debtor? Patricia Bronte notes … [Read more...]
Ann Taylor, Lane Bryant File Chapter 11 Reorg
posted on July 27, 2020
Impacted from COVID-19, Ann Taylor and Lane Bryant’s parent company, Ascena Retail Group (ticker: ASNA) filed a Chapter 11 bankruptcy petition in the Eastern District of Virginia in Richmond on … [Read more...]
Where to start when considering Bankruptcy
posted on July 14, 2020
Partner Chris Winslow had the opportunity to speak with Jessica Noll from Virginia this Morning on CBS 6 about bankruptcy and three tips to get your started if you are considering filing a Chapter 7 … [Read more...]
Chapter 11 Bankruptcy Cases Soar
posted on July 6, 2020
According to USA Today, twelve midsize to large corporations – all with more than $10 million in debt – filed for Chapter 11 bankruptcy protection during the third week of June, another consequence of … [Read more...]
Can Filing for Bankruptcy Stop the Lawsuit Against You?
posted on July 1, 2020
If you are in the midst of a lawsuit and experiencing financial hardship, filing for bankruptcy may seem like a quick fix that will prevent judgment against you. In some cases, that may be true, but … [Read more...]
Litigation and Bankruptcy. What is the effect?
posted on June 15, 2020
If you are in the midst of litigation and one parties files for bankruptcy, a common belief is that those proceedings will automatically terminate. Rather, depending on the type of bankruptcy, the … [Read more...]
Intelsat Files Chapter 11 Bankruptcy in Richmond Division
posted on May 22, 2020
Satellite operator Intelsat, which launched the world's first commercial communications satellite Intelsat 1 in 1965, filed for Chapter 11 bankruptcy in Richmond, VA on Wednesday, May 13 in order to … [Read more...]
7 Steps to a CH 7 Bankruptcy During COVID-19
posted on April 17, 2020
As COVID-19 continues to challenge individuals and business across the country, many people are turning to Chapter 7 of the Bankruptcy Code for relief. Step 1. Call Winslow & McCurry, PLLC at … [Read more...]
Congress: “Extend Your Confirmed Chapter 13 Case from 5 to 7 Years during COVID-19”
posted on March 30, 2020
The massive bailout passed by Congress last week known as the CARES (Coronavirus Aide, Relief and Economic Security) Act contains several provisions helpful to those considering in pending Chapter 7 … [Read more...]
Court’s Rule Changes Ease Bankruptcy Practice During COVID-19
posted on March 20, 2020
The impact of COVID-19 on the practice of law is being felt worldwide. The economic damage is being wrought daily on families, individuals, and businesses. This is what keeps us open during this … [Read more...]
