Bankruptcy Archives | Rockland County Business Journal

J. Crew Files Chapter 11 Bankruptcy; Pandemic’s First Retail Casualty

May 4, 2020May 6, 2020rcbizjournal

J.Crew is the first company to file for bankruptcy during the COVID-19 pandemic and analysts expect the list will grow longer.

New Bankruptcy Law Could Be A Blessing In Upcoming Economic Blizzard

March 23, 2020March 31, 2020rcbizjournal

On Feb. 19, 2020, a new law went into effect known as SBRA, or the Small Business Reorganization Act of 2019, also known as “Subchapter 5” to be filed in the United States Bankruptcy Court.

Simon Property Group Reacting To Retail Environment With New Moves

February 5, 2020February 14, 2020rcbizjournal

Simon Property Group is reacting to a changing retail environment with innovative partnerships that seek to reinvent retail as well as rescue it.

Retailers Prepare For Raise In Legal Age To Purchase Tobacco Products

November 12, 2019November 14, 2019rcbizjournal

Beginning tomorrow, retailers need to be prepared to adhere to a new law that raises the legal age to purchase tobacco products in New York from 18 to 21

Peter Kelly Files Bankruptcy For Restaurants, Self

September 25, 2019October 10, 2019rcbizjournal

Restaurateur Peter X. Kelly has filed three bankruptcy cases seeking reorganization for his restaurants and for himself.

12,000 Stores Could Close in 2019, Says Report

August 23, 2019September 5, 2019rcbizjournal

Coresight estimates closures could reach 12,000 by the end of the year, the report said.

Bradley Industrial Park Sold For $116.8 Million

May 2, 2019May 20, 2019rcbizjournal

Bradley Industrial Park has been sold for $116.8 million to Angelo, Gordon & Co., a privately held New York limited partnership that manages nearly $32 billion in assets.

With the Measles Outbreak Raging, What Should an Employer Do?

April 28, 2019rcbizjournal

As we all know, Rockland County is in the throes of a measles outbreak. The question we’re contemplating is “What should or must an employer do? Like most answers about the law, “it’s complicated.”

BV’s Grill To Stay; Former Restaurateur Files Bankruptcy

April 4, 2019April 21, 2019rcbizjournal

Kerry Wellington, the former owner of BV Grill Nyack LLC, which leased the eponymous restaurant at the Time Hotel in Nyack, filed a voluntary petition for bankruptcy on Monday.

Bankruptcy Court Judge Approves Time Hotel Sale To Juniper Time LLC: Future of Property Unknown

March 25, 2019April 4, 2019rcbizjournal

A U.S. Bankruptcy Court judge on Monday approved the $18.5 million sale of the The Time Hotel of Nyack to Juniper Time LLC, a company affiliated with IMH Financial Corporation.

Category: Bankruptcy