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Kathleen Alberico on Muck Rack

Kathleen Alberico

As seen in: LexBlog
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Articles

Envision’s Bankruptcy Provides Insight Into All That is Ailing The Healthcare Industry

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By Peter Morrison, Max Czernin, Kathleen Alberico
| LexBlog
The increase in bankruptcy filings that restructuring professionals have been expecting is now arriving. With rising inflation, increased interest rates, tightening credit markets, labor shortages and supply chain disruptions, we are starting to see a dramatic increase in filings. Last week the American Bankruptcy Institute noted that commercial Chapter 11 filings increased 105% in May 2023 as compared to May 2022 and across the board filings are on the rise as well.
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When Caught Violating The Stay, Forgiveness For Creditors Is Not Automatic

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By Justin Cloyd, Kathleen Alberico
| LexBlog
A recent order from the United States Bankruptcy Court for the Southern District of New York puts to test the theory that “it is better to ask for forgiveness than permission.”  After a lengthy dispute in the bankruptcy cases of Arcapita Bank B.S.C.(c) and its affiliates (the “Debtors”), the court held Bahrain Islamic Bank (“BisB”) in civil contempt for willfully violating the automatic stay.
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