Imposition of Constructive Trusts in Bankruptcy
Until recently it was unclear whether a Bankruptcy Trustee could bring a claim under the doctrine of Constructive Trust to... Read More
Force Majeure, Commercial Leases, and COVID-19
By Jeffrey H. Bigelman, Osipov Bigelman PC Published on michbar.org Force majeure—meaning “superior force” in French—has a specific legal meaning... Read More
How Does the Corona Virus (Covid-19) Affect My Commercial Lease
The relationship between a landlord and a commercial tenant depends on the contract. The first thing that any party with... Read More
The Coronavirus (COVID 19) Pandemic and Force Majeure Clauses
If you find yourself wondering how the current coronavirus crisis will affect your business, YOU ARE NOT ALONE. The associated... Read More
Coronavirus Aid, Relief, and Economic Security (CARES) Act Programs for Small Businesses
We have dedicated personnel studying and working with lending institutions to fully understand and assist our clients with these programs.... Read More
COVID 19 (Coronavirus), Bankruptcy Relief and Contracts
The rapid spread of coronavirus has already affected tens of thousands of large and small businesses worldwide. The most recent... Read More
Are Principals Liable for Liquidated Damages to Unions for Unpaid Fringe Benefits?
We recently encountered this issue after we bankrupted our General Contractor client. Thereafter, the Union sought to obtain liquidated damages... Read More
Know Your Real Estate Options
Due to the cyclical nature of real estate there are many properties where the indebtedness on the Property exceeds the... Read More
A Guide to Saving Your Property from Tax Foreclosure
Every year thousands of people lose their homes or commercial properties to tax foreclosure. The tax foreclosure process is complicated,... Read More