News & Events

A.Y. Strauss Attorneys Brett Buterick, Kory Ann Ferro and Evan Goldman Named 2021 New Jersey Super Lawyers Rising Stars

A.Y. Strauss is pleased to announce its 2021 New Jersey Super Lawyers Rising Stars recipients.
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Finding No Buyer, Studio Movie Grill to Present Debt-Equity Swap to Creditors

Studio Movie Grill has not found a buyer for the dine-in movie chain as the industry struggles with fewer customers.
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Eric Horn and Heike Vogel co-author New Jersey Law Journal article “Foreign Investors: Understanding the Chapter 11 Sale Process”

Eric Horn and Heike Vogel examine U.S. regulations that may be applicable in Chapter 11 when assets are sold to foreign investors.
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Men’s Wearhouse, Jos A. Bank Owner to Emerge From Bankruptcy By Late November

Eric Horn discusses the Men’s Wearhouse and Jos A. Bank restructuring plan approved by a federal bankruptcy judge in Houston.
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Chuck E. Cheese’s Parent Joins Other National Eateries Facing Fewer Funding Options

Eric Horn explains why lenders are considering debt for equity swaps as a way to recoup value down the road.
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Parent of Chuck E. Cheese Makes Unusual Rent Payment Offer to Landlords

The parent company of the restaurant chain proposes paying landlords a percentage of rent.
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Bankruptcy Judge Is Approving Move As Tailored Brands Plans to Close 500 Stores

A bankruptcy court judge is giving menswear seller Tailored Brands permission to walk away from 100 retail leases.
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Chuck E Cheese Owner Is Latest Major Retailer Allowed to Suspend Rent in Chapter 11

A U.S. bankruptcy judge granted approval for the parent company to not pay rent for the time being.
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Pier 1 Imports Names Bidder Willing to Pay $20 Million for E-Commerce, Brand

Home furnishings retailer Pier 1 Imports Inc. found a would-be buyer offering more than $20 million.
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Illinois Bankruptcy Court Finds that Force Majeure Clause in a Lease was Triggered by Shutdown Order Due to COVID-19

An analysis of a recent bankruptcy decision regarding enforcement of commercial lease terms and force majeure clauses.
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