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 […]
READ MOREIn BYJU’s Alpha Bankruptcy, Delaware Bankruptcy Court Addresses Limitations on Federal Courts’ Authority to Issue Prejudgment Injunctive Relief on Claims for Money Damages
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 […]
READ MORES.D.Tx. Bankruptcy Court Addresses Application of Integrated Transaction Doctrine to Uptiering Restructuring in Incora Chapter 11
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, […]
READ MORESuper 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.
READ MORERLT’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 […]
READ MORERLT 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 […]
READ MOREJon, Jay, and Jeff Recognized by Best Lawyers
Once again, Rabinowitz Lubetkin & Tully’s is pleased to announce that our three senior attorneys — Jonathan I. Rabinowitz, Jay L. Lubetkin and Jeffrey A. Cooper – have been included in the list of 2023 The Best Lawyers in America®. All three have been on the list for more than a decade and all were recognized this year […]
READ MORE3 Senior Partners Recognized by Chambers USA
Rabinowitz Lubetkin & Tully – and Its Three Senior Partners – Recognized by Chambers USA Rabinowitz Lubetkin & Tully, LLC is pleased to announce that, for the 12th year in a row, the firm and its three senior attorneys have been recognized by Chambers USA in its 2022 directory as leaders in bankruptcy practice in New […]
READ MOREGeoffrey’s Wild Ride Through Bankruptcy
I don’t wanna grow up, I’m a Toys ‘R’ Us kid, they’ve got a million toys at “Toys ‘R’ Us that I can play with” When I was a kid in South Jersey, there was nothing better than a trip to the Toys ‘R’ Us store. Come the holiday season, my brother and I would […]
READ MOREWhat 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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