MenuClose

Archives for Edward L. Schnitzer

Edward L. Schnitzer

Edward L. Schnitzer

Partner / New York

E:
P: 212-551-7781

CFPB Adopts Strict Liability Standard for Debt Collectors Who Sue or Threaten Suit Over Time-Barred Debt

January 22, 2021

On January 19, 2021, the Consumer Financial Protection Bureau (CFPB) published its final debt collection rules in the Federal Register,…

Dismissal of Chapter 11 Case Calls Into Question Bankruptcy Protections for Cannabis Companies

January 15, 2021

Despite a company’s claim that it deals only in legal hemp products, a federal court this week denied the company’s…

New COVID-19 Relief Package Provides Some Preference Relief

January 11, 2021

As most know, the second COVID-19 relief package included another round of stimulus checks, an extension of the eviction moratorium,…

Tuesday Morning Corporation: Judge Hale Blocks Aspects of Trade Claimants Committee’s Campaign for ‘No’ Votes on Tuesday Morning Plan, Grants Sanctions

December 9, 2020

ReOrg

Judge Harlin Hale granted the Tuesday Morning debtors’ motion to compel the Invictus-led trade claimants committee, or TCC, to comply…

UPDATED – COVID-19 in New York: Essential Business, Law Firms, and State and Federal Courts

November 13, 2020

November 13, 2020 – UPDATE: Although it was serially extended over the past eight months, often on the day it…

Rebutting the Presumption of Insolvency During a Pandemic

November 2, 2020

American Bankruptcy Institute
By David Dormont, Edward L. Schnitzer and Joseph E. Samuel, Jr.

As the COVID-19 pandemic continues to cause harsh economic conditions throughout the U.S., many companies face the difficult prospect of…

The Hypothetical Hits of Mediation

September 8, 2020

American Bankruptcy Institute
By Edward L. Schnitzer and Ian Connor Bifferato

This article provides four hypotheticals, with responses that were obtained from a panel of distinguished and experienced mediators. They will…

Pyxus Ch. 11 Confirmation Hinges On Asset Valuation Reports

August 19, 2020

Law360
By Vince Sullivan

The evidentiary record in tobacco grower Pyxus International’s Chapter 11 plan confirmation trial closed Wednesday, leaving a Delaware bankruptcy judge…

Montgomery McCracken Retained as Counsel to the Official Committee of Unsecured Creditors in the Tuesday Morning Corp. Bankruptcy

June 11, 2020

PHILADELPHIA, PA – Montgomery McCracken is pleased to announce that on June 11, 2020, it was retained to represent the…

Preference Payments in Bankruptcy: Rebutting the Presumption of Insolvency during the COVID-19 Pandemic

June 1, 2020

As the COVID-19 pandemic continues to cause harsh economic conditions throughout the United States, many companies face the difficult prospect…

Maritime Bankruptcies in the US during the Coronavirus Pandemic: An Introduction for Creditors

May 11, 2020

The combined effects of the coronavirus pandemic and falling oil prices have resulted in a surge of US bankruptcy petitions. …

College & COVID-19: Students Bring Wave of Lawsuits Seeking Tuition Refunds

April 29, 2020

As the COVID-19 pandemic rapidly took hold in the U.S. in early March, colleges and universities were some of the…

Laminates Maker API Americas Reaches Ch. 11 Creditor Deal

April 17, 2020

Law360
By Rose Krebs

API Americas Inc., a Kansas-based company that makes laminate and foil products, is poised to move forward with a Chapter…

You’ve Cut Costs, Laid Off, or Furloughed Employees. Now What?

April 6, 2020

As COVID-19 wreaks havoc on people around the world, it is also severely disrupting numerous companies’ health, balance sheets, and…

WARN Obligations In Light of COVID-19

March 27, 2020

Numerous states are issuing orders requiring all non-life sustaining businesses to cease operations in order to limit the spread of…

Laminates Maker API Americas Gets Nod For $6M Ch. 11 Sale

March 26, 2020

Law360
By Rose Krebs

A Delaware bankruptcy judge on Wednesday gave his nod to the $6 million Chapter 11 sale of some assets of…

Business Disruption Due to COVID-19

March 20, 2020

In addition to the very serious healthcare issues facing us, COVID-19 is likely to create many issues between business parties…

Montgomery McCracken Retained as Counsel to the Official Committee of Unsecured Creditors in the API Americas Inc. et al Bankruptcy in Delaware

February 14, 2020

PHILADELPHIA, PA – Montgomery McCracken is pleased to announce that on February 13, 2020, it was retained to represent the…

Heightened Standard for Imposition of Civil Contempt Sanctions Arising from Violation of Discharge Order

November 27, 2019

American Bankruptcy Institute
By David M. Banker and Edward L. Schnitzer

On June 3, 2019, the U.S. Supreme Court released a unanimous decision in Taggart v. Lorenzen concluding that a court…

First Circuit Issues Noteworthy Decision

November 15, 2019

Edward L. Schnitzer spoke at Montgomery McCracken’s 2019 Higher Education Forum about parental bankruptcy making tuition payments subject to return…

Bankruptcy Mediation

July 10, 2019

Norton Journal of Bankruptcy Law and Practice
By Edward L. Schnitzer

Edward L. Schnitzer, the chair of our firm’s Bankruptcy & Financial Restructuring Group, published a scholarly essay entitled “Bankruptcy Mediation”…

Beware of Impairment Provisions in Bankruptcy Claim Sale/Assignment Agreements

July 9, 2019

Bankruptcy Claims Trading Claims trading plays a huge role in bankruptcies.  In 2018, it is reported that there were nearly…

Montgomery McCracken’s Bankruptcy Group Featured in the New York Law Journal

June 5, 2019

New York Law Journal
By Jack Newsham

Six lawyers from CKR Law have moved to the New York and Delaware offices of Montgomery McCracken Walker & Rhoads,…

Montgomery McCracken Adds Established Bankruptcy Team in New York and Delaware

June 5, 2019

To view coverage in the New York Law Journal, click here. Philadelphia, PA – Montgomery McCracken announced today that six…