Melanie I. Wiener writes: Brave creditors who venture into Surrogate's Court often face costly and practical obstacles (i.e., proving a debtor's genealogy) and ineffective enforcement mechanisms (i.e.

Secured creditors have many choices when it comes to how to file a proof of claim in bankruptcies. Those choices should be weighed carefully, however, because certain choices can have important ...

for Van Horn Law Group, P.A. Household debt rose .6% in the first quarter of 2021 — and it’s likely to grow. With job losses, medical bills and rising costs for everything from food to housing, it’s ...

Creditors of distressed businesses are often frustrated by shareholder- controlled boards when directors pursue strategies that appear to be designed to benefit shareholders at the creditors' expense.

Recent Delaware case law clarifies that secured creditors do not lose priority by inaction after default, favoring the “trace and recapture” approach. The court emphasized that rights depend on the ...

Conducting business with a financially distressed or bankrupt entity can be a risky proposition. Knowing your rights as a creditor and when to timely engage a creditors’ rights attorney may be the ...

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When a business's customer fails to pay his or her debts, the business (as a "creditor" to which the debt is owed) has several available remedies to help collect the money from the customer (as ...

Pryor Cashman is pleased to announce that Joseph A. Shiferhas joined the firm as a partner in the Bankruptcy, Reorganization + Creditors’ Rights Group. Joe comes to Pryor Cashman from Kramer Levin ...