The United States Trustee has selected seven people to serve on the creditors committee of the Buffalo Diocese bankruptcy case, all of whom are survivors of sexual abuse perpetrated by members of the church. The committee will represent what is expected to be over...
Bankruptcy
Can Restaurants survive the Coronavirus?
Many restaurateurs are struggling with debt and loans and that was even before the Coronavirus. On March 17, 2020 New York’s bar and restaurant community was ordered to close their dining rooms to stem the spread of the novel coronavirus and a timeline for reopening...
What Would Bankruptcy Mean for the Buffalo Diocese?
Bankruptcy is a process that many associate with gloom and doom. But experts say filing for Chapter 11 could bring with it some positive outcomes. "Chapter 11 means reorganization," said Scott Bogucki, Gleichenhaus, Marchese & Weishaar partner. Bogucki, a Buffalo...
Understanding a Chapter 12 farm bankruptcy
If you are a New York family farmer facing tough economic times, a Chapter 12 bankruptcy may be just what you need. As its name states, Chapter 12 - Adjustment of Debts of a Family Farmer with a Regular Annual Income applies to family farmers only, not farming...
When is bankruptcy the right call for your farm?
Owning a farm in New York makes you an important part of the state’s economy. Yet many in the agriculture industry have encountered financial issues recently due to falling product prices and higher interest rates. If you own a farm in Buffalo, New York, and are...