03 May, 2024 SDNY Bankruptcy Court Clarifies Interplay of Amended RPAPL 749(3) to Bankruptcy Automatic Stay By Noah Weingarten Bethany D. Simmons In In re New Dragon Toy Wholesale, Inc., Chief Bankruptcy Judge Martin Glenn denied a debtor/tenant’s motion for a temporary restraining...
09 Apr, 2024 Recent SDNY Decision Provides Guidance on How to Calculate Landlord Lease Rejection Claims in Bankruptcy By Bethany D. Simmons Noah Weingarten When a bankruptcy debtor rejects a lease, a landlord is entitled to a rejection damages claim. Under Section 502(b)(6) of the Bankruptcy...
28 Mar, 2024 Southern District of New York Rejects Involuntary Third-Party Release in Subchapter V Bankruptcy Case By Noah Weingarten Bethany D. Simmons In In re Hal Luftig Company, Inc., the U.S. District Court for the Southern District of New York (Judge Denise L. Cote), denied...