Category Archives: Bankruptcy Law

The Las Vegas Monorail closed its doors for months when the COVID-19 pandemic hit, but it’s finally getting a fresh start. The Las Vegas Convention and Visitors Authority (LVCVA) purchased the Monorail in December 2020. Now, there are big plans to expand services with the help of the Boring Company and its founder, Elon Musk. …

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Most people use an attorney to file for bankruptcy. However, if you’re determined to go it alone, you need to make sure that you get it right. Here’s how to file for bankruptcy without an attorney. 1. Determine What Chapter to File To file for bankruptcy without an attorney, you must start by determining what …

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Not only is the current COVID-19 virus affecting the lives of the tens of thousands of global citizens that it infects and sickens, but the subsequent economic downturn is gravely affecting countless individuals who would have otherwise been “unaffected” by this disease. The market is plummeting, many non-essential businesses are ordered to close down, schools …

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Over 3,000 men have come forward to sue the Boy Scouts of America, claiming they were molested when they were minors, under the care of the Boy Scouts. Many more are expected to come forward, now that the Boy Scouts of America non-profit has officially filed for bankruptcy. Our Las Vegas bankruptcy lawyers note that …

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McClatchy Co. is hoping that the recent Chapter 11 bankruptcy filing will allow the company to restructure its debts (forgiving approximately 60% of all debt) and release much of its current pension obligations. If the court accepts the offer, the new owners would be those heading the hedge fund: Chatham Asset Management LLC. They would …

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It seems like only yesterday, the milk industry was thriving. With clever “Got Milk” campaigns supported by celebrities, catchy phrases such as “Milk, It Does a Body Good,” and mom’s own nurturing beliefs that milk was necessary to build strong bones and teeth — children in the U.S. included milk, and milk products, into their …

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Celadon Group’s recent filing for Chapter 11 Bankruptcy marks the largest ever trucking sector bankruptcy in history. And it was abrupt, leaving over 3,000 drivers jobless, stranded with their rigs, and far from home. Our experienced Las Vegas bankruptcy attorneys believe this is just the beginning of a much larger industry downturn. What Led to …

Continue reading “A Trucking Company’s Demise: New Trend in The Industry?”

The founder and former CEO of Faraday Future, Jia Yueting, filed for Chapter 11 bankruptcy in a Delaware court in an attempt to tackle his long list of debts in his home country: China. The mega-wealthy businessman owes over $3 billion to 100+ creditors. His company, Faraday Future, is an American startup company focusing on …

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