On Behalf of R3M Law, LLP | Jan 30, 2016 | chapter 11
An insider claims the company recently skipped an interest payment and is discussing possible other options with bondholders. This step puts Sports Authority into a 30-day grace period. If the payment is not made within that period, a default will be triggered. The...
On Behalf of R3M Law, LLP | Jan 29, 2016 | chapter 11
Most companies in New York and throughout the Unites States go through fluctuations. Some years are positive and bring a lot of growth, while others may be a bit stagnant financially or even see some decrease in profits. The main hope is that over time the company...
On Behalf of R3M Law, LLP | Jan 8, 2016 | debt relief
There are many songs written about love and its many downfalls and triumphs. It can be an emotional rollercoaster with, hopefully, a positive outcome. While we may not hear many songs written about bankruptcy, the same could be said about the process. When a business...
On Behalf of R3M Law, LLP | Jan 6, 2016 | chapter 11
When we hear about a company being bought by another entity, we often see it as a negative step. But while change can be difficult for any business, this type of change may be a wonderful opportunity for a New York company to grow and improve. That’s exactly...
