Our bankruptcy team, led by David Stevens, Esq., Diana M. Woody, and Monica Sanchez, successfully secured a favorable written opinion from the Bankruptcy Court, defeating a motion to dismiss our client's Chapter 7 bankruptcy case. This important decision marks a significant win for our financially struggling client, standing against an aggressive motion filed by a former landlord.
In a significant ruling, the United States Bankruptcy Court for the District of New Jersey has denied a motion to dismiss the Chapter 7 bankruptcy case of Eric G. Madsen, filed by former landlord Alexander Oldja. The case, which centered around a $38,261 judgment against Madsen for unpaid rent, raised questions about the debtor's financial management and motives behind the bankruptcy filing.
Scura Wigfield Heyer Stevens & Cammarota, LLP is proud to announce that David Stevens, a distinguished member of our legal team, has been admitted to practice before the bar of the United States Supreme Court. This prestigious accomplishment is not only a testament to David's unwavering dedication to the legal profession but also elevates the level of advocacy and service we can provide to our clients.
Bankruptcy cases are filed each day in the United States by parties seeking debt relief. Individuals and couples seek relief from the bankruptcy court, but there are also thousands of business bankruptcy cases filed by companies each year. Companies are not permitted to file a Chapter 13 bankruptcy case. However, a bankruptcy lawyer can assist companies and businesses as they seek debt relief by filing Chapter 7 bankruptcy cases and Chapter 11 bankruptcy cases.
The tech titan just released the polished version of the Apple Watch, with a meld of pioneering components to help consumers live a safe and healthy lifestyle. Along with an enhanced electric heart sensor, the Apple Watch Series 4 can now lend a hand during a crisis situation.
On October 29, 2018, New Jersey’s Paid Sick Leave Act will become effective. The Act will provide eligible employees with paid leave associated with tending to their own medical needs as well as the medical needs of family members.
On Sunday, the Tulsa-founded aerospace manufacturer and repair company The NORDAM Group Inc. filed a voluntary Chapter 11 bankruptcy petition aiming to reorganize their business. The CEO, Meredith Madden, of NORDAM, believed filing bankruptcy was not the route they originally desired, but what the company desperately needed—as it preserved NORDAM Group's operations without disruption. The company says the bankruptcy filing comes subsequent to a protracted contract dispute with Pratt & Whitney Canada over engine nacelles for the Gulfstream G500 and G600.
Recently, I successfully represented a creditor in seeking to dismiss a debtor’s bankruptcy case for being filed in bad faith. In this case, we contested the Debtor’s use of phantom expenses for purposes of passing the means test. Also, we contested the filing of the bankruptcy case pursuant to the totality of the circumstances based on the fact that the Debtor had about $1,922.00 in monthly disposable income that should have been used in a debt repayment plan towards his creditors.
