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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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Judge Gross Threatens To Liquidate Trump Entertainment

U.S. Bankruptcy Judge Kevin Gross has questioned the reasoning for permitting Trump Entertainment to remain in Chapter 11. When Trump Entertainment filed for protection under Chapter 11 of the bankruptcy law, it intended to restructure and go on being profitable. Now that it seems this is less likely, Gross has ordered the company to demonstrate why […]

Author: Joel R. Glucksman

December 11, 2014

Fontainebleau Las Vegas Likely to Reach Settlement Deal

A four-and-a-half year bankruptcy case involving the failed Fontainebleau Las Vegas casino tower may be nearing an end. A U.S. bankruptcy judge said he was inclined to approve a settlement agreement in the messy Chapter 7 bankruptcy proceedings over the $2.9 billion tower, which is considered one of the largest busts in real estate history. U.S. […]

Author: Joel R. Glucksman

November 28, 2013

Can a Rent-Stabilized Lease be Treated as a Bankruptcy Asset?

For the first time in history, a United States Court of Appeals has been given the task of determining whether elusive rent-stabilized leases can be treated as assets under bankruptcy law. The outcome could affect thousands of Chapter 7 bankruptcy cases in New York City and, perhaps, in other urban areas with similar rent protection programs. […]

Author: Joel R. Glucksman

November 1, 2013

chapter 7 Bankruptcy

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