Bankruptcy and Creditors' Rights

Scarinci Hollenbeck’s Bankruptcy and Creditors' Rights practice group regularly provides content on the turmoil surrounding financially troubled and bankrupt companies. Our content provides insight on financial institutions, corporations, insurance companies, leasing and finance companies and other organizations and business entities interested in preserving and enforcing their rights as creditors.

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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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How Understanding Bankruptcy Trends Can Benefit Your Business

The bankruptcy legal landscape presents both challenges and opportunities for businesses navigating financial distress. Understanding current bankruptcy trends can help businesses make more informed and strategic decisions. Corporate Bankruptcy Filings Trending Upwards Bankruptcy filings continued to trend upwards in 2024. According to statistics released by the Administrative Office of the U.S. Courts, personal and business […]

Author: Brian D. Spector

March 20, 2025

Scarinci Hollenbeck Successfully Resolves Objection to Bankruptcy Discharge

Scarinci Hollenbeck’s David Edelberg Successfully Resolves Objection to Bankruptcy Discharge for Fraction of Initial Claim Little Falls, NJ – September 28, 2023 – David Edelberg, Partner and Chair of Scarinci Hollenbeck’s Bankruptcy and Creditors’ Rights Practice Group, successfully resolved an objection to client Gregory DePaolo’s bankruptcy discharge in the Bankruptcy Court for the District of […]

Author: Scarinci Hollenbeck, LLC

September 28, 2023

Scarinci Hollenbeck Prevails in Discharging Client’s $1.1 Million Bankruptcy Debt

Partner David Edelberg Successfully Defeats Objection to Bankruptcy Discharge Through Directed Verdict Little Falls NJ – August 29, 2023 – Scarinci Hollenbeck obtained a directed verdict in the United States Bankruptcy Court for the District of New Jersey rejecting an objection to discharge involving a $1.1 million debt. David Edelberg, Partner and Chair of Scarinci […]

Author: Scarinci Hollenbeck, LLC

August 29, 2023

What Small Businesses Need to Know About Subchapter V Bankruptcy

The Small Business Reorganization Act (SBRA), also referred to as Subchapter V is designed to serve as a streamlined bankruptcy process for small businesses... The Small Business Reorganization Act (SBRA), also referred to as Subchapter V, took effect on February 19, 2020, and is designed to serve as a streamlined bankruptcy process for small businesses. […]

Author: David Edelberg

June 8, 2022

Small Business

“How Businesses Can Leverage New Bankruptcy Laws” Webinar Series

Scarinci Hollenbeck Partner David Edelberg to Present at the Meadowlands Chamber Small Business Counsel March Meeting on How Small to Midsize Businesses Can Leverage New Bankruptcy Laws On Wednesday, March 23rd, 2022, Scarinci Hollenbeck Partner David Edelberg will present “How to Leverage New Bankruptcy Laws for Small and Mid-Sized Businesses” in a hybrid event hosted […]

Author: Scarinci Hollenbeck, LLC

February 28, 2022

Meadowlands Chamber of Commerce

Second Circuit Rule Private Student Loan May Be Dischargeable in Bankruptcy

The Second Circuit Court of Appeals has joined the Tenth and Fifth Circuits in ruling that certain private student loans may be dischargeable in a Chapter 7 bankruptcy. The Second Circuit Court of Appeals has joined the Tenth and Fifth Circuits in ruling that certain private student loans may be dischargeable in a Chapter 7 […]

Author: David Edelberg

October 1, 2021

Student Debt

Advanced Collection Practices and Bankruptcy Implications NJICLE Webcast

Scarinci Hollenbeck Partner David Edelberg to Speak on “Advanced Collection Practices and Bankruptcy Implications: Part 3” Webcast Hosted by NJICLE On Monday, June 14, 2021, Scarinci Hollenbeck Partner, Trustee and Chair of the NJSBA Bankruptcy Law section, David Edelberg, will be presenting as part of an afternoon webcast entitled, “Advanced Collection Practices and Bankruptcy Implications: Part […]

Author: Scarinci Hollenbeck, LLC

May 20, 2021

NJSBA

New Jersey law firm expands bankruptcy and creditors' rights practice

Chair of the New Jersey State Bar Bankruptcy Law Section Joins Scarinci Hollenbeck’s Lyndhurst Office as Partner April 6, 2021 – Lyndhurst, NJ – David Edelberg, a bankruptcy law attorney with decades of experience handling various bankruptcy matters has joined Scarinci Hollenbeck’s Lyndhurst, NJ office as Partner, according to the firm’s Managing Partner Donald Scarinci. […]

Author: Scarinci Hollenbeck, LLC

April 6, 2021

New Jersey

Third Circuit Clarifies When Subordination Agreement Can Be Ignored in Bankruptcy Cramdown

The Third Circuit Court of Appeals affirmed the order confirming Tribune Co.’s Chapter 11 bankruptcy plan over the objections of creditors… In In re Tribune Co., the Third Circuit Court of Appeals affirmed the order confirming Tribune Co.’s Chapter 11 bankruptcy plan over the objections of creditors who argued that they were entitled to the […]

Author: Joel R. Glucksman

September 18, 2020

Third Circuit Court of Appeals

Can the SBRA Provide a Lifeline to Small Businesses Suffering Due to COVID-19?

The Small Business Reorganization Act (SBRA), which seeks to make small business bankruptcies faster and less expensive, took effect in February. The Small Business Reorganization Act (SBRA), which seeks to make small business bankruptcies faster and less expensive, took effect in February. While the law preceded the coronavirus (COVID-19) pandemic, it is providing welcome relief to businesses […]

Author: Joel R. Glucksman

May 26, 2020

COVID-19

Bankruptcy Filings Fall, Chapter 11 Filings Rise Compared to April 2019

The American Bankruptcy Institute reports that the government’s measures in April appear to have helped individual citizens avoid bankruptcy… The American Bankruptcy Institute reports that the government’s measures in April appear, for now, to have helped individual citizens avoid bankruptcy. Note, however, the rise in commercial Ch. 11 filings – both year-over-year and month-on-month. Total […]

Author: Joel R. Glucksman

May 7, 2020

COVID-19

5 Reasons the Retail Industry is Declining

It’s no surprise that 2017 isn’t a great year for the retail industry. According to Business Insider, several well-known retailer It’s no surprise that 2017 isn’t a great year for the retail industry. According to Business Insider, several well-known retailers, including Payless Shoe Source, The Limited and RadioShack, have gone bankrupt since the beginning of the year […]

Author: Joel R. Glucksman

June 2, 2017

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