On June 21, 2022, President Biden signed S. 3823, also known as the “Bankruptcy Threshold Adjustment and Technical Corrections Act” into law, amending the Small Business Reorganization Act of 2019 (the “SBRA”) to increase the eligibility debt cap for businesses filing under subchapter V of chapter 11 of the Bankruptcy Code (“Subchapter V”) from $2,725,625.00…
On December 11, 2020, the United States Bankruptcy Court for the District of Massachusetts entered an order confirming the chapter 11 plan of reorganization in the bankruptcy case of inTerra Innovation, Inc. (“inTerra”). Ruberto, Israel & Weiner’s Bankruptcy, Workout & Insolvency attorneys James C. Fox, Christopher J. Lhulier, and Rion M. Vaughan represented inTerra as…
POSTED IN: Corporate Restructuring & Distressed Assets, News
Ruberto, Israel & Weiner is pleased to announce that Christopher J. Lhulier has joined the firm as an associate in our Banking, Finance & Lending and Bankruptcy, Workout & Insolvency Groups. He will focus his practice in the areas of debt finance, mergers and acquisitions, and other corporate matters. Chris’s practice will focus on advising borrowers and lenders in all…
To date, much of the discussion regarding the Coronavirus Aid, Relief, and Economic Stability Act (the “CARES Act”) has been focused on the provisions of its Paycheck Protection Program (the “PPP”), which provides forgivable loans to small businesses based upon two and half months of their average payroll costs. The PPP has been incredibly successful in stemming…
RIW is pleased to announce that Rion M. Vaughan has joined the firm as a member of our Banking, Finance & Lending Department and the Bankruptcy, Workout & Insolvency Group. He focuses his practice on representing businesses and lending institutions in matters related to secured transactions, commercial real estate, corporate finance, mergers and acquisitions, corporate…
POSTED IN: Corporate Restructuring & Distressed Assets, News
