Cortland Standard, one of New York state’s oldest newspapers, closes
In 1876, William H. Clark bought the Cortland Standard and was owned by his family ever since. The paper was moved into a ...
The Daily Dirt: Final chapter in Eli Karp’s tale of woe
The auction listing for a Brooklyn development revealed a detail that might help explain why the project ended up in ...
Cortland Standard newspaper declares bankruptcy and eliminates jobs
The Cortland Standard, which has been operating as a newspaper for 158 years has declared chapter 7 bankruptcy and eliminated ...
Spirit Airlines is trying to rebrand as luxurious. Here is what that means
Multiple signs point to Spirit Airlines looking to attract more affluent travelers. Here’s what their rebrand means.
Chapter 11 Bankruptcy Ruling: Seek a Fair Resolution, Not a Stalling Tactic
Bankruptcy is designed to provide relief to debtors in legitimate cases with the ultimate goal of providing a fair and ...
Judge lifts stay to allow sex abuse cases vs. Albany diocese to go forward
A federal judge in Albany on Wednesday said he will allow seven child sexual abuse lawsuits against the Roman Catholic ...
Liability Shields Gain Ground in International Bankruptcy Cases
A New York bankruptcy judge’s recognition of a Mexican lender’s foreign restructuring with nonconsensual liability releases ...
Red Lobster’s new CEO plans to revamp the seafood restaurant brand
Who is the new Red Lobster CEO? In 2020, the Nigerian-born Adamolekun became the first Black CEO of the Asian restaurant ...
Bankruptcy Court Can Convert a Case Due to a Conflict of Interest, Even in a Subchapter V
In In re Ghatanfard, the U.S. District Court for the Southern District of New York affirmed a decision by the U.S. Bankruptcy Court for the Southern District of New York converting a debtor’s ...