On January 17, 2023, the United States Circuit Court of Appeals for the Second Circuit issued its decision in Jed Horwitt, Receiver v. Flatiron Partners, LP, and Neila Fortino, Case Nos. 21-2245 and 21-2247, (see PDF below), agreeing with the arguments of Z&Z Attorneys Stephen M. Kindseth and James M. Moriarty that the district court had correctly applied the Rising. . .
On January 26, 2023, Eastern Computer Exchange, Inc. voluntarily dismissed with prejudice its claims alleging breach of restrictive covenants against clients represented by Z&Z Attorney James M. Moriarty and attorneys Robert S. Freidman, Joshua Schlenger, and Meghan M. Stuer of Sheppard Mullin Richter & Hampton LLP.
The dismissal was obtained after the action was removed to federal district court and an. . .
On August 2, 2021, D. Conn. Bankr. L. Civ. P. 9083-6 became effective. Local Rule 9083-6 creates a volunteer lawyer pro bono program for consumer Chapter 7 cases. It is the product of a lengthy collaboration involving Chief Judge Julie A. Manning and Judges Ann M. Nevins and James J. Tancredi of the United States Bankruptcy Court in Connecticut; the. . .
On May 24, 2021, the United States Court of Appeals for the Second Circuit agreed with the arguments presented by Z&Z Attorneys Eric A. Henzy and Christopher H. Blau, and held that a 2017 law, which imposed dramatically higher fees on Chapter 11 debtors in every state except North Carolina and Alabama, violated the uniformity requirement of the Constitution’s Bankruptcy. . .
A Borrower has defaulted on its obligations with its Lender. The Borrower’s vulnerability is compounded by its dependence upon its credit facility with its Lender to meet its working capital needs. The Borrower’s principals (who guaranteed the indebtedness) recognize that the Lender may at any moment enforce its remedies and so they live in fear. . .