On June 7, 2021, Togut, Segal & Segal LLP filed Zuca Properties LLC, an owner of certain penthouse condominiums in Manhattan, in the U.S. Bankruptcy Court for the Southern District of New York. The debtor is using the bankruptcy process to market for sale its...
Togut, Segal & Segal LLP and three of its partners, Albert Togut, Frank Oswald and were recognized by Chambers and Partners in its 2021 ranking of law firms and lawyers in the United Stated. The Togut Firm was recognized as a Band 5 firm in the...
On May 12, 2021, the Office of the United States Trustee appointed Al Togut of Togut, Segal & Segal LLP as the the Chapter 7 trustee for Kossoff PLLC, a real estate law firm that was forced into an involuntary Chapter 7 bankruptcy proceeding after the firm and its...
In the April 2021 edition of the American Bankruptcy Institute Law Journal and co-authors Richard J. Cooper and Thomas S. Kessler of Cleary Gottlieb Steen & Hamilton LLP discuss the treatment of equity under foreign law and the U.S. Bankruptcy Code. As more and...
In a March 12, 2021 case analysis provided to the ABI Health Care Committee, partner Frank A. Oswald and associate Minta J. Nester explain a recent decision from the Court of Appeals for the Ninth Circuit where the court held certain deductions of unpaid fees and...
At a hearing on March 17, 2021, co-counsel Togut, Segal & Segal LLP and Meyer, Suozzi, English & Klein, P.C. obtained confirmation of a chapter 11 plan of liquidation for Rubie’s Costume Company, Inc. and its affiliated debtors, a 65-year old family owned...
In the March 2021 edition of the American Bankruptcy Institute Law Journal, partner Frank A. Oswald, and associate John C. Gallego discuss recent rulings from the Mallinckrodt chapter 11 cases regarding a debtor’s ability to pay the fees and expenses of parties to a...
Togut, Segal and Segal LLP was recognized with two awards at Global M&A Network’s 12th Annual Turnaround Atlas Awards, which were held virtually on January 21-22, 2021. The Atlas Awards honor excellence from the restructuring, insolvency, distressed investing,...
Earlier this month, Togut, Segal & Segal, representing Albert Togut as the chapter 7 trustee of 2070 Restaurant Group LLC and Genesis Food Group LLC, Case No. 18-12323 (Bankr. S.D.N.Y.), obtained bankruptcy court approval of a global settlement resolving all...
