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Henry Karwowski Named Adjunct Professor of the Year at Seton Hall School of Law

Henry M. Karwowski, a partner at Rabinowitz, Lubetkin & Tully, LLC, has been named “Adjunct of the Year” at Seton Hall University School of Law in Newark.  Also, separately, he was voted “Adjunct Professor of the Year” by the school’s students. Mr. Karwowski (second from left in photo) and other nominated professors from each of […]

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In BYJU’s Alpha Bankruptcy, Delaware Bankruptcy Court Addresses Limitations on Federal Courts’ Authority to Issue Prejudgment Injunctive Relief on Claims for Money Damages

John Harmon

By John J. Harmon, Esq. A Delaware bankruptcy court recently addressed[1] the circumstances under which a debtor or trustee asserting fraudulent transfer claims may obtain a preliminary injunction to freeze a transferee’s assets without violating the Supreme Court’s ruling in Grupo Mexicano de Desarrollo S.A. v. Alliance Bond Fund, Inc.[2] that federal courts lack authority […]

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S.D.Tx. Bankruptcy Court Addresses Application of Integrated Transaction Doctrine to Uptiering Restructuring in Incora Chapter 11

John Harmon

By John J. Harmon, Esq. In the Chapter 11 case filed by Wesco Aircraft Holdings, Inc. (commonly known as Incora), the United States Bankruptcy Court for the Southern District of Texas recently addressed the viability of claims by noteholder creditors who had been excluded from participating in the debtor’s prepetition uptiering restructuring.[1] In the restructuring, […]

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Super Lawyers 2024

Jonathan Rabinowitz, Jay Lubetkin and Jeffrey Cooper have, once again, been selected for inclusion in the 2024 edition of New Jersey Super Lawyers.  According to Super Lawyers, only five percent of the lawyers in New Jersey are selected for inclusion on its lists.

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RLT’s Successful Practice in Subchapter 5 of Chapter 11 Bankruptcy

Subchapter 5 of Chapter 11 of the U.S. Bankruptcy Code provides profitable small businesses that owe less than $7.5 million to their creditors with a streamlined process for paying down their mounting debt. Put more simply, Subchapter 5 makes reorganization more accessible to small businesses. Under Subchapter 5, a qualifying business, can force creditors to […]

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RLT Advises Custom Alloy Corporation in the Sale of Assets to an Affiliate of Trident Maritime Systems, LLC

Rabinowitz Lubetkin & Tully, LLC (“RLT”) counseled Custom Alloy Corporation and certain affiliates in the sale of substantially all of their assets pursuant to Section 363 of the Bankruptcy Code to an affiliate of Trident Maritime Systems, LLC. The transaction closed in June 2023. The sale process took place in the U.S. Bankruptcy Court for […]

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What Is the New Bankruptcy Law for Small Businesses — and What Does It Mean?

In 2019, Congress enacted the Small Business Reorganization Act (or the SBRA), which provides for a new subchapter v in chapter 11 of the Bankruptcy Code.  As its name suggests, the Act applies to small business debtors.  What is a “small business debtor”?  Generally speaking, a small business debtor would mean generally a person – […]

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