We are pleased to announce that Shipman, Shaiken & Schwefel, LLC has been ranked in the 2021 U.S. News & World Report’s “Best Law Firms” list regionally in 4 practice areas. … Read More
News
David M.S. Shaiken Presents At Annual Bankruptcy Conference
On October 2, David Shaiken participated in a panel presentation at the Connecticut Bar Association’s Annual Bankruptcy Conference. David’s panel discussed a bankruptcy court’s authority to award sanctions and punitive sanctions against a creditor for violation of a debtor’s bankruptcy discharge.… Read More
2020 Property Tax Municipal Revaluations in Connecticut
There are a number of municipalities undergoing revaluation this year. If you are a property owner in these towns, you will soon receive a letter advising you of your new assessment.… Read More
Connecticut Employer Alert – Minimum Wage Increase Schedule
As many of you know, Connecticut’s hourly minimum wage increases from $11.00 to $12.00 on September 1, 2020. The increase over the current hourly wage was passed in 2019 to eventually bring the state’s minimum wage to $15.00 by June of 2023.… Read More
Shipman, Shaiken & Schwefel, LLC attorneys named to 2021 Best Lawyers® list
Shipman, Shaiken & Schwefel, LLC is pleased to announce that two of our lawyers have been named to the 2021 Edition of Best Lawyers in America©, the oldest and most respected peer-review publication in the legal profession.… Read More
The COVID-19 Pandemic Highlights the Importance of the Often Overlooked Force Majeure Clause
By David M. S. Shaiken
What happens when unforeseen events, such as the Covid-19 pandemic, make it impossible to perform a contract? Are parties bound by the contract anyway? Is the contract terminated?… Read More
Business Loan Workouts – An Alternative to Bankruptcy
By David M. S. Shaiken, Esq.
As businesses begin to spend their cash reserves during and following the lockdown caused by the pandemic, inevitably there are going to be cash shortfalls and defaults on commercial loans.… Read More
New Bankruptcy Subchapter V Presents Opportunities for Struggling Businesses and Pitfalls for Creditors
By David M. S. Shaiken
On August 23, 2019, the Small Business Reorganization Act (“SBRA”) was signed into law. It became effective on February 19, 2019. The SBRA created a new Subchapter V to Chapter 11 of the Federal Bankruptcy Code, which made it simpler and more cost-effective for small businesses to reorganize in Chapter 11.… Read More
Property Tax Appeals in Connecticut
There are a number of municipalities undergoing revaluation this year. If you are a property owner in these towns, you will soon receive a letter advising you of your new assessment. … Read More
Shipman, Shaiken & Schwefel, LLC Listed in U.S. News & World Report’s 2020 “Best Law Firms” Rankings
We are pleased to announce that Shipman, Shaiken & Schwefel, LLC has been ranked in the 2020 U.S. News & World Report’s “Best Law Firms” list regionally in 3 practice areas.… Read More