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By: James M. Berent January 27, 2023 On September 1, 2022, Allegheny County Common Pleas Judge, Alan Hertzberg, ordered that the common level ratio for the tax year 2022 be …

By Jeffrey C Toole  December 29, 2022 Section 548(a) of the Bankruptcy Code empowers a trustee or a chapter 11 debtor-in-possession to set aside  “transfers” occurring within two years before …

By Lara S. Martin  October 12, 2022 Generally, in individual bankruptcy cases (Ch. 7, 11, 12 and 13), a debtor will be granted a discharge of its debts. A bankruptcy …

By Jeffrey C. Toole July 5, 2022 The U.S. Supreme Court has agreed to decide an important issue affecting asset sales and lease assignments in bankruptcy cases – namely, whether …

By Lara S. Martin June 24, 2022 Revlon, Inc. is the first consumer facing retail business to file for bankruptcy protection in 2022.  As supply chain disruptions and delays abound …

By Erica L. Kravchenko and Jeffrey C. Toole June 21, 2022 On June 21, 2022, President Biden signed the bipartisan-supported “Bankruptcy Threshold Adjustment and Technical Corrections Act” into law. The Act …

By Erica L. Kravchenko – June 21, 2022 The two basic tenets of bankruptcy are to provide an honest but financially distressed debtor the opportunity to achieve a fresh start …

By Erica L. Kravchenko – UPDATED June 7, 2022 This term, the Supreme Court granted certiorari in Seigel v. Fitzgerald (In re Circuit City Stores, Inc.), 996 F.3d 156 (4th …

By Kevin J. Cummings – As the current economic roller coaster endures peaks and valleys, many businesses are left wondering what to do when clients cease paying invoices. Far too …