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Articles by Benjamin C. Struby
Bankruptcy Filings Surge: What Your Business Should Do Now
Bankruptcy filings jumped 14% last year, with small business reorganizations up 46% and family farmer cases surging 130%.1 If your company extends credit, relies on third-party suppliers or operates in agriculture, transportation or small business services, these trends could directly affect your bottom line. Here’s what’s driving the surge, which sectors are most exposed and what steps you can take now to protect your organization.
Lathrop GPM Completes Move to New Kansas City Office Space
KANSAS CITY, Mo. (July 13, 2026) — Lathrop GPM is pleased to announce that its Kansas City office has opened its doors at 2323 Grand Boulevard. The new space represents the firm’s continued investment in the Kansas City community and its locally based clients. The 47,000-square-foot Crown Center office adopts the firm’s hybrid model, combining open seating with private, assigned workspaces.
Bankruptcy Court Grants Motion of Franchisee Debtor to Reject Franchise Agreement, Concludes Noncompete and Confidentiality Provisions Enforceable Post-Rejection | Lathrop GPM - JDSupra
A Michigan bankruptcy court recently granted debtor/franchisee Empower Central Michigan Inc.’s motion to reject a franchise agreement as an executory contract but found that a non-compete clause and a related confidentiality agreement remained enforceable. In re: Empower Cent. Michigan, Inc., 2024 WL 1848504 (Bankr. E.D. Mich. Apr. 26, 2024).
Delaware Bankruptcy Court Grants Motion to Dismiss Time-Barred Claims for Breach of Franchise Agreement | JD Supra
A federal bankruptcy court in Delaware has dismissed time-barred claims that a Chapter 7 Trustee alleged on behalf of a bankrupt franchisor, AVF Franchising, LLC, against several of its franchisees. In re Start Man Furniture, LLC., 2023 WL 2717662 (Bankr. D. Del. Mar. 30, 2023). AVF and related entities had filed for Chapter 11 bankruptcy protection, but their cases were converted to Chapter 7 cases and a Trustee was appointed.
Lathrop GPM Franchise Memorandum Issue 289.
A federal bankruptcy court in Delaware has dismissed time-barred claims that a Chapter 7 Trustee alleged on behalf of a bankrupt franchisor, AVF Franchising, LLC, against several of its franchisees. In re Start Man Furniture, LLC., 2023 WL 2717662 (Bankr. D. Del. Mar. 30, 2023). AVF and related entities had filed for Chapter 11 bankruptcy protection, but their cases were converted to Chapter 7 cases and a Trustee was appointed.
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