The Superior Court of New Jersey recently decided that defendant-YMCA was not allowed to invoke the charitable immunity exemption to avoid lawsuit. Charitable immunity is an affirmative defense that a defendant can raise in response to a lawsuit, when answering the complaint.
Christopher J. Balala
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New England Compounding Center ("NECC"), a Framingham, Massachusetts pharmacy company which has been linked to a deadly nationwide meningitis outbreak, has filed a Chapter 11 bankruptcy case.
December 27, 2012 Christopher J. Balala News, Business Bankruptcy
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Bronx Parking Development Company operates the parking lots around Yankee Stadium, and even with significant cost to park there (as much as $58) the Company may be forced into filing for bankruptcy. The Company has defaulted on nearly $240 million of its bonds. Fans are finding less expensive alternatives such as the subway.
November 6, 2012 Christopher J. Balala Bankruptcy, News, Business Bankruptcy
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