News

Sub V: Sub-par or Superb?

Posted on: December 1st, 2021 by Michael A. Morris, ABLS Blog Contributor

Subchapter V (“Sub V”) of the Bankruptcy Code was created under the Small Business Reorganization Act (P.L. 116-54) to streamline bankruptcy cases and help more small business debtors successfully reorganize by lowering costs. Sub V was meant to strike a balance between Chapter 7 liquidation and Chapter 11 reorganization. Sub V created some significant benefits […]

Terminating the Technicality: Venue Reform, Why It’s Important, and What You Can Do About It

Posted on: November 15th, 2021 by Kate Langworthy, ABLS Blog Contributor

Bankruptcy is a legislative creation aimed at giving debtors the opportunity for a fresh start while still recognizing the rights of their creditors to be paid. Chapter 11 Bankruptcy allows an entity experiencing financial distress, typically a corporation or partnership, to seek relief through reorganization, while retaining their business in hopes of generating revenue to […]

A Call for Bankruptcy Venue Reform

Posted on: November 12th, 2021 by Michael A. Morris, ABLS Blog Contributor

In February of 2021, Belk, a North Carolina department-store chain, filed for Chapter 11 bankruptcy in the United States Bankruptcy Court of the Southern District of Texas. After the large retail company with over 90,000 creditors filed on the evening of February 23rd, their plan was confirmed and consummated by the end of the next […]

Joe Peiffer on The Big Show 9/17/2021

Posted on: September 23rd, 2021 by Mike Peiffer

Attorney Joseph Peiffer recently chatted with Andy Petersen from The Big Show about how to plan ahead looking forward from the beginning of harvest. Listen below and feel free to read along! Andy Petersen: Well, let’s talk a little agricultural business here with a good Big Show buddy, and a business expert, Joe Peiffer, Ag […]

Joe Peiffer on the Big Show 5/27/2021

Posted on: June 10th, 2021 by Mike Peiffer

Shareholder Joseph Peiffer got to chat with Andy Petersen last month on The Big Show. Listen and read below: Andy Petersen: We’re going to talk the business of agriculture here for a little bit on The Big Show today. Joe Peiffer, good Big Show buddy. Ag and Business Legal Strategies is the name of the […]

What Every Bankruptcy Lawyer Must Know About Chapter 12

Posted on: May 3rd, 2021 by Mike Peiffer

Shareholder Joe Peiffer and associate Austin Peiffer recently co-authored an article on chapter 12 bankruptcy with Vermont bankruptcy trustee Jan Sensenich. It was published in the May 2021 edition of the American Bankruptcy Institute‘s ABI Journal.

Joe Talks Farm Business on The Big Show

Posted on: March 18th, 2021 by Mike Peiffer

Joe Peiffer appeared on The Big Show yesterday, 3/17/2021, to talk with Andy Peterson about farm business. You can listen to the interview and read the transcript below. Andy Petersen: Let’s talk a little ag business on The Big Show today with Joe Peiffer, Ag & Business Legal Strategies. Good friend of The Big Show […]

Joe Peiffer on The Big Show re: Dean Foods

Posted on: December 8th, 2020 by Mike Peiffer

Joe Peiffer had the opportunity to chat with Andy Petersen of WHO’s The Big Show regarding the Dean Foods preference recovery efforts. The host aired the interview in two parts, on December 7, 2020 and December 8, 2020. The audio is embedded below and also transcribed: December 7, 2020 Dean Foods Interview Andy Petersen: Well, […]

ABLS Saves Debtor Thousands, Receives Judge’s Complements

Posted on: December 8th, 2020 by Mike Peiffer

Recently shareholder Joe Peiffer and associate Austin Peiffer went toe-to-toe with attorneys representing Farm Credit over that creditor’s exorbitant fee demand. While secured creditors often have the right to make the debtor pay their attorney fees, those fees must be reasonable, and in this case they weren’t. Judge Collins agreed, and by objecting to Farm […]

Economic Relief and Incentives for Small Employers: Three Loans, Two Credits

Posted on: March 28th, 2020 by Joe Peiffer

Congress has given small employers several options to help them weather the economic effects of the COVID-19 pandemic: 1.    Immediate SBA Emergency EIDL Grants. These $10,000 grants that will be available through your local bank (if an SBA authorized lender).  Once they get their heads around the program, you should be able to get the money […]