New York City Financial Law Attorney Blog

Practical insights from powerhouse attorney, author and speaker Bradley Bailyn.


July 25, 2019

Do Jurisdiction Clauses Matter To NY Companies

When you have a case to evaluate, you need to consider 3 things...

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May 3, 2019

Sole Proprietorship Chapter 11

When you think of a Chapter 11 bankruptcy, you probably envision a major multination corporation...

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April 30, 2019

Construction Chapter 11

Even during times where the economy is growing, the construction industry can be volatile...

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April 28, 2019

Commercial Tenant

For some businesses, leasing a building in the right location can be the primary factor in becoming...

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February 8, 2019

Trucking Company Chapter 11

At first glance, it’s easy to assume the trucking industry could be somewhat recession-proof...

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January 29, 2019

What New York City Bakeries Should Know About Chapter 11 Bankruptcy

Everyone is familiar with the tough times that many bars and restaurants face during...

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January 24, 2019

Plumber HVAC Chapter 11

If you are a small business owner, I don’t have to tell you that one unexpected setback...

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January 23, 2019

Don’t Get Burned On Boilerplate Contract Clauses

If you are in business, sooner or later you are going to have to sign a contract...

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January 19, 2019

Bankruptcy vs. Debt Settlement Companies

You owe, you owe, so where to shall you go? Consumers facing debt problems are...

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January 18, 2019

Merchant Credit Advances – Borrower Beware

Most businesses earn a portion of their revenues from credit card sales—often a significant portion.

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January 18, 2019

Charged With Mortgage Fraud Here’s What You Need To Know

Remember the banking crisis of 2008 when the house of cards of subprime mortgages went tumbling down?

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January 11, 2019

Why The Best Restaurants In New York City Choose Chapter 11 Bankruptcy

“If I could just another chance, I could fix the mistakes we’ve made and turn this restaurant around.”

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January 5, 2019

A Financial Makeover For NY’s Bars & Nightclubs: Chapter 11 Bankruptcy

Owning a bar or nightclub in New York can be tough. Just like with restaurants, most of these...

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December 28, 2018

Lawsuit Defendants and Bankruptcy Filing

Maybe you were expecting it, maybe it was a surprise, but now it’s a definite fact: you’ve been served...

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December 22, 2018

NYC Grocery Stores Use Chapter 11 Bankruptcy To Rebuild & Rebrand

Recently, there has been a steadily increasing stream of stories about New York supermarkets...

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December 17, 2018

Why Partners And Co-Shareholders Need An Agreement

There’s an old saying, 'Dig your well before you’re thirsty.' That especially applies...

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December 17, 2018

A Customer Isn’t Paying, Should I Use A Collection Agency Or An Attorney?

Sometimes you get a deadbeat customer, a business debtor who just won’t pay a bill voluntarily...

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December 17, 2018

If I File A Chapter 7 Proceeding, Can I Discharge My Income Tax Debt?

Filing a liquidation, or Chapter 7 bankruptcy proceeding is a serious legal step that requires...

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December 17, 2018

One Two Punch: Lien + Lawsuit

If you are a contractor or some other professional providing work, labor, services and materials...

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December 6, 2018

Correcting Credit Report Errors

Your credit rating and report can affect your life in more ways than you might imagine...

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November 29, 2018

I Loaned Someone Money And Now I Need To Sue Them…

There’s an old saying, “No good deed goes unpunished.” Perhaps a friend, a relative, or someone you...

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November 29, 2018

Recover Your Leased Equipment In A NY Chapter 11 Proceeding

At first, you weren’t too concerned when payments from your largest account started coming in a little late...

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November 24, 2018

I’m Evicting My Tenant For Non-Payment. They Filed Bankruptcy.

You had a tenant that wasn’t paying his rent, so you went to court and commenced...

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November 24, 2018

Fraud 101 – Intentionally Misrepresenting Important Facts

Thornton Mellon (played by Rodney Dangerfield) famously quipped in the 1986 movie 'Back to School,'...

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November 24, 2018

“Stalking Horse” Sales of Essential Company Assets In A Bankruptcy

You weren’t immediately concerned. You have been receiving notices from your largest debtor...

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November 23, 2018

Fraud 101 – Was It Reasonable To Trust The Salesman That Much?

'Inconceivable!' The shyster Vizzini (played by Wallace Shawn) used that term often in the sweet 1987...

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November 22, 2018

My Client Hasn’t Paid My Invoice In Months. I Want It All Right Now.

You’ve sold your goods; you performed your work, labor and services for your customer/client...

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November 21, 2018

Immediate Considerations When You Are Served With A Summons

A stranger approaches you, maybe on the street, or comes to your door. He says your name in the form...

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November 20, 2018

Fraud 101 – Depositions. Advice Nobody Wants To Think About.

Have you ever heard the expression, 'You have the right to remain silent. Anything you say can and will...

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