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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Partner Kelly M. Purcaro Named Co-Chair of the New Jersey State Bar Association Class Actions Committee for the 2020-2021 Term

Kelly M. Purcaro has been named co-chair of the NJ State Bar Association Class Actions Committee for the 2020-21 term.
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Substantial Increase in Consumer and Commercial Bankruptcies Anticipated As Businesses Reopen – Eric Horn Explains Why

Partner Eric Horn shares his thoughts with The Street regarding the potential uptick in consumer and commercial bankruptcy filings once stores reopen.
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A.Y. Strauss Expands Commercial Litigation Practice with Addition of Kelly M. Purcaro, Esq. and Massiel D. Suarez

Kelly M. Purcaro will co-chair the Litigation Group specializing in complex civil and commercial litigation across the U.S.
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The Dotted Line: How will clients approach contracts post-pandemic?

A look ahead to what kind of contract terms construction companies could face in the future.
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Is there a Future for Retail after COVID-19: A Look at Modell’s and Pier 1 and their Bankruptcy Proceedings

This article discusses the impact of the COVID-19 pandemic on the retail industry and retail bankruptcy cases.
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Debtors Not Required to Engage in Current Business Activities to be Eligible for Chapter 11 Relief Under Small Business Recovery Act

Does a Chapter 11 debtor’s business have to be currently operating in order to qualify for Chapter 11 relief?
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Bankruptcy Judge Allows Pier 1 to Avoid Paying Rent During Pandemic

Home goods retailer Pier 1 Imports can keep not paying its rent and delay making other payments.
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Pier 1 Imports Allowed to Sidestep Rent as Coronavirus Affects Court Ruling – Bankruptcy Cases Put on Hold During the Pandemic

A federal judge ruled that home goods retailer Pier 1 Imports doesn't have to pay rent.
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The CARES Act – A Bankruptcy Lifeline to Small Businesses

The CARES Act made important changes to Chapter 11 of the Bankruptcy Code.
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