RLT, led by attorneys Barry J. Roy and Jeffrey A. Cooper, was successful in protecting the possessory rights of its client, IDEA Boardwalk, LLC (“IDEA”), a tenant at the former Revel casino. During the case, the Debtors attempted to sell the casino “free and clear” of liens, claims, encumbrances and interests,” including IDEA’s leasehold rights, pursuant to 11
RLT is pleased to announce that the 2015 edition of Chambers USA, which lists America’s Leading Lawyers For Business, and is a highly-respected legal directory based on in-depth interviews with in-house counsel and private practice attorneys, ranked Jonathan I. Rabinowitz (Band 2) and Jay L. Lubetkin (Band 3) as “Notable Practitioners” in New Jersey. The internationally respected guide described Jon as “smart, articulate
Total bankruptcy filings in the United States decreased 13 percent in January from the same period last year. Bankruptcy filings totaled 68,153 in January 2014, down from the January 2013 total of 78,602. Consumer filings declined 13 percent in January 2014 to 65,263 from the January 2013 consumer filing total of 74,846. In addition, total
With this issue of its E-Newsletter, RLT introduces a new feature, a column of practical interest to both bankruptcy attorneys, other attorneys, and business people. We hope you find these pointers beneficial during the course of your day-to-day practice or business. Commercial Tenant of Debtor Landlord Entitled to Remain in Possession Notwithstanding Rejection The
RLT congratulates its ownLaura E. Quinn on her recent election to the Board of Trustees of Temple Beth Am, a reform synagogue in Parsippany, New Jersey. Temple Beth Am has a congregation of approximately 100 families. Laura’s responsibilities on the Board of Trustees will include decision making regarding temple policies and activities, as well as participation
RLT is pleased to announce that on March 3, 2014,Jay L. Lubetkin will be a featured presenter at the National Business Institute’s seminar entitled Commercial Lease: Negotiating Key Provisions. Jay will educate attorneys on the variety of ways the filing of a bankruptcy can affect the parties to a commercial lease. Specifically, Jay will discuss: (1) how the
U.S. Bankruptcy Judge Michael Kaplan ruled last week that the new owner of the former Revel Hotel and Casino, Polo North Country Club, Inc., must allow former Revel tenants, including RLT client IDEA Boardwalk, LLC, the operator of the highly successful HQ Nightclub andHQ Beachclub, access to the property so that they can “preserve physical assets, as
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