Mazurkraemer Business Law

Beachwear Brand Salt Life to be Sold, Sister

brand Salt Life has multiple bidders interested in rescuing the company from bankruptcy but the company’s related active wear business will be liquidated, a lawyer said in court yesterday, Bloomberg News reported.



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business lawyers (ny/nj/wv/pa)

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

Embattled $100M ‘Tiny Home’ Builder Is Now Exploring Bankruptcy

A tiny home builder that once boasted about being a $100 million company is going belly up, NBC Bay Area reported. Anchored Tiny Homes’ CEO said that it’s “too late for ” and that his family-run Sacramento-area building is exploring .

Embattled $100M ‘tiny home' builder is now exploring bankruptcy A tiny home builder that once boasted about being a $100 million company is going belly up.

https://nypost.com/2024/08/13/business/avon-files-for-bankruptcy-in-face-of-200-lawsuits-linking-its-talc-products-to-cancer/

Avon files for bankruptcy in face of 200 lawsuits linking its talc products to cancer Avon Products, the US-based “non-operational” holding company, is seeking Chapter 11 bankruptcy protection.

This powerhouse female-led firm, Mazurkraemer Business Law, got a fresh look! We updated the design to better align with the goals, audience, and unique offerings of the firm. It's not just a makeover; it's a tailored revamp aimed at enhancing their user's online experience utilizing a strategic approach.

https://www.msnbc.com/top-stories/latest/rudy-giuliani-bankruptcy-dismissed-chapter-11-rcna161580 #

July Commercial Chapter 11 Filings Increase 40 Percent over the Same Period Last Year

Commercial chapter 11 filings increased 40 percent in July 2024 to 510 from the 364 filings in July 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

www.mazurkraemer.com

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

https://www.yourerie.com/news/western-pa-news/western-pa-elder-care-company-files-for-bankruptcy/

Western PA Elder Care Company files for bankruptcy Erie, Pa (WJET/WFXP) — Western Pennsylvania-based company Guardian Healthcare filed for Chapter 11 bankruptcy on Monday. The company is planning on restructuring and it will be affecting 19 of thei…

I am using Chat GPT via Bing's CoPilot to Bluebook cite some research for an article I am finishing! This is awesome!

I am working on this article for the Commercial Law League: "Primer for Collection Attorneys: What to Tell Your Clients when Bankruptcy Happens". I force myself to STOP to take the time to write. Writing is one of my favorite things to do as an attorney.

www.mazurkraemer.com
nj/ny/wv/pa

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

U.S. Manufacturing Output Beats Expectations with 0.4% Rise in June

Production at U.S. factories increased more than expected in June, contributing to a solid rebound in output in the second quarter, though higher borrowing costs remain a constraint for the manufacturing industry, Reuters reported.

Beyond Meat Engages Bondholders for Restructuring Talks

Beyond Meat, the purveyor of plant-based meat substitutes, has engaged with a group of bondholders to initiate discussions about a balance-sheet restructuring, WSJ Pro Bankruptcy reported.

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business lawyers

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

I am happy to just get an invitation to speak on a panel in Philadelphia, PA (my old stomping grounds) on October 25, 2024: Updates on Commercial Bankruptcy Cases for the Pennsylvania Bar Institute. It's gonna be a good week!!

www.mazurkraemer.com

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

Missed our presentation? No problem. We uploaded the slides to my LinkedIn profile and here is a link to the whole webinar.

https://www.loom.com/share/b35a8c67ae8a40b2802afda04cef471b?sid=3f67d774-4614-4b0e-a716-0ee4cc42692b

We are excited to share insights on single asset real estate (SARE) chapter 11 bankruptcy cases. We delve into crucial aspects of a SARE case, creditor and debtor strategies, and ultimate property sales. Join Salene Mazur Kraemer, Laura Portillo, and Shayna Steinfeld as we explore the challenges and opportunities in this dynamic field of Chapter 11 bankruptcy. Action: Watch the webinar for valuable knowledge!

00:00 Introduction

4:12 What is a SARE?

6:49 Goal of a SARE:

15:01 Test for Single Property v Project

15:53 Determining Core Operations

17:53 SARE v. Normal Chapter 11

23:20 Good Faith Filing in SARE Cases

27:52 Deficiency Claims

1111(b) Elections

32:34 Practical Tips for Debtors

37:40 Practical Tips for Creditors

43:08 Ideal Referral Sources

48:00 Imparting Wisdom for a Successful Case

As an aside, look at this loom video I created of a recording of the presentation. I highly recommend Loom.com to make videos for multiple purposes. I also highly recommend www.beautiful.ai which put the first draft of the powerpoint slides together in 30 seconds flat.

Boutique Firm Restructuring Series Webinar: What You Need to Know about Single Asset Real Estate Cases (SARE) in Chapter 11 🎥 We are excited to share insights on single asset real estate (SARE) chapter 11 bankruptcy cases. We delve into crucial aspects of a SARE case, creditor and debtor strategies, and ultimate property sales. Join Salene Mazur Kraemer, Laura Portillo, and Shayna Steinfeld as we explore the challenges and...

Join us TODAY at NOON EST. Laura Portillo Shayna Steinfeld MAZURKRAEMER Business Law

Please note that the Boutique Firm Restructuring Series: What You Need

to Know About the Basics of Single Asset Real Estate Cases is scheduled for today at 12:00 PM.

The updated Zoom call details and registration link can be found below.

Thank you.

Registration URL: https://lp.constantcontactpages.com/ev/reg/bwspgb7

Discount Retailer Big Lots to Shutter Stores, May Go Bankrupt Amid ‘Elevated Inflation’

Discount home goods retailer Big Lots revealed it is planning to shutter more stores this year and may be facing permanent closure – the latest major chain to face financial ruin as inflation-battered shoppers pull back on spending, the New York Post reported.

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ny/nj/wv/pa

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

https://lp.constantcontactpages.com/ev/reg/bwspgb7/lp/13874c5e-bec4-456f-8d87-0e9edbaca9c9

BOUTIQUE FIRM RESTRUCTURING SERIES: THE BASICS OF SINGLE ASSET REAL ESTATE BANKRUPTCY CASES
Unlock the secrets to Single Asset Real Estate cases with our Boutique Firm Restructuring Series!

🗓️ Date: Friday, July 12, 2024
🕒 Time: 12:00 PM - 1:00 PM EST

Whether you're an experienced attorney or just starting out, this webinar is designed to give you the knowledge and confidence to handle these unique cases. This webinar will cover essential case law, practical strategies, and provide expert insights tailored specifically for boutique law firms.

Don't miss this chance to elevate your expertise! Register now and step up your game in Single Asset Real Estate restructuring.
Sponsored by:

Steinfeld and Steinfeld, Atlanta GA
Mazurkraemer Business Law- PA, WV, NY, NJ
Portillo Ronk – CA, NY, NV
Bergmann Law- NJ, PA

BOUTIQUE FIRM RESTRUCTURING SERIES: THE BASICS OF SINGLE ASSET REAL ESTATE BANKRUPTCY CASES Unlock the secrets to Single Asset Real Estate cases with our Boutique Firm Restructuring Series! 🗓️ Date: Friday, July 12, 2024 🕒 Time: 12:00 PM - 1:00 PM EST Whether you're an experienced attorney or just starting out, this webinar is designed to give you the knowledge and confidence to ha...

It’s WV day in my home state of West Virginia.

Enhanced Subchapter V Debt Limit Faces Friday Sunset

The enhanced subchapter V debt limit tomorrow will revert down from the $7.5 million threshold that was established in 2020 amid the financial duress caused by the pandemic, Inc. reported.



www.mazurkraemer.com

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

U.S. Factory Activity, Construction Spending Both Fall

U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and spending on construction projects slipped unexpectedly the month before, the latest indications that a gradual slowdown in the economy is taking hold, Reuters reported.

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...

May Small Business Filings Increase 53 Percent Over the Same Period Last Year

Small business filings, captured as subchapter V elections within chapter 11, registered a 53 percent increase to 228 in May 2024 from 149 in May 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

Romance Writers Group Goes Bankrupt After Diversity Fight Decimates Ranks

A professional organization for romance authors filed bankruptcy, blaming the high cost of its annual conference and a membership crisis triggered by the suspension of a prominent writer who accused another member of allegedly using racist stereotypes in her book, Bloomberg News reported.
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Red Lobster Seeks Bankruptcy Protection with $100 Million in Financing Commitments

U.S.-based restaurant chain Red Lobster has filed for chapter 11 protection in a Florida court after securing $100 million in financing commitments from its existing lenders, the company said yesterday, Reuters reported.

Salene Kraemer’s selection as one of the Pennsylvania Super Lawyers for 2024, particularly for her expertise in business bankruptcy, showcases her exceptional proficiency and dedication to this specialized area of law. Her adept navigation of complex bankruptcy proceedings and unwavering commitment to her clients’ interests distinguish her as a leader in the field.

This recognition not only underscores Salene’s outstanding legal skills but also reaffirms her commitment to providing strategic counsel and effective solutions to businesses facing financial challenges. Her inclusion among the Super Lawyers solidifies her reputation as a trusted advocate and resource for businesses seeking expert guidance in bankruptcy matters.

Please visit us at www.mazurkraemer.com

Spirit Airlines to Defer Aircraft Deliveries, Furlough Pilots to Boost Cash

Spirit Airlines said on Monday it has reached a deal with Airbus to delay all aircraft deliveries scheduled from the second quarter of 2025 through 2026 and intends to furlough about 260 pilots, as the U.S. carrier looks to save cash, Reuters reported.



MAZURKRAEMER Business Law. www.mazurkraemer.com

MazurKraemer Law Group Founded in 2009 MAZURKRAEMER LAW GROUP is a small, female-led boutique business law & consulting firm We represent a smart shift in the way modern business law is practiced.  BUSINESS • BANKRUPTCY • CREDITORS’ RIGHTS AND COLLECTION • CONSULTING • LITIGATION • REAL ESTATE • ITALIAN CIT...