Los Angeles California Bankruptcy Blog
Weintraub & Selth Represent Business in Successful Chapter 11 Bankruptcy Case
On June 11, 2020, Weintraub & Selth, APC, confirmed the Chapter 11 Plan of Reorganization (the “Plan”) of Dove Real Estate & Association Management LLC (“Dove”). Dove is a family-owned business that provides high-quality management services to thirty (30)...
Is your business struggling? Should you consider Chapter 7 or 11?
Due to current events, your small business may be facing bleak prospects in the short term, no matter how strong your business is overall. Depending on your circumstances, this could be a good time to consider filing for bankruptcy. If there is little hope that you...
Chapter 11 expanded for small businesses
For some time, filing Chapter 11 was out of the question for many small businesses. The process of reorganizing your business under a Chapter 11 filing can be costly and untenable for those companies with fewer assets. This complicated process is something that a...
How The CARES Act Impacts Consumer Bankruptcies
The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted into law on March 27, 2020 as Congress rushed to address the economic fallout from the COVID-19 virus. Although most media attention was paid to the $2.2 trillion stimulus package, the...
New Subchapter V | Cheaper and More Streamlined Bankruptcy Reorganization for Small Businesses
On February 19, 2020, a new subchapter of the Bankruptcy Code went into effect geared specifically to help financially distressed small businesses. The Small Business Reorganization Act (SBRA) provides small businesses with a potentially cheaper and easier bankruptcy...
Chapter 11 Plan of Reorganization of Centinela Valley Endoscopy Center
On December 12, 2019, Weintraub & Selth, APC, confirmed the Chapter 11 Plan of Reorganization of Centinela Valley Endoscopy Center. The bankruptcy case was caused by the entry of a judgment against the company by a former employee who refused to settle the...
Using Bankruptcy As a Credible Threat
In October 2019, Weintraub & Selth, APC successfully settled a complex piece of litigation against its Client. The Client owns a successful multinational apparel company and was sued by a disgruntled former employee who claimed to be a part owner of the business....
Consequences of Misclassifying an Employee
It's important to know the difference between employees and contractors to avoid misclassifying them. Treating a contractor like an employee without the burden of offering them benefits, providing workers' compensation or paying certain state and federal taxes can...
Common Claims in Class-Action Wage and Hour Lawsuits
California businesses are increasingly finding themselves the target of class-action labor lawsuits. Often referred to as a wage and hour suits, these claims can threaten the health of businesses large and small. A collection of employees, or former employees,...
How to Inform Employees About the Business’ Bankruptcy
When business owners struggle under debt, their primary concern is often the survival of the business itself. That is also the first factor they consider when debating which chapter of bankruptcy to file. However, just as with running a business, there are several...
