Corporate Center West | 433 South Main Street | Suite 319 | West Hartford, CT 06110
By David M. S. Shaiken
On March 27, 2021, President Biden signed into law the COVID-19 Bankruptcy Relief Extension Act. We have previously written that last year the debt limit for business debtors to file for Subchapter V, Chapter 11 bankruptcy relief had been temporarily increased to $7.5 million by The Coronavirus Aid, Relief and Economic Security Act (“CARES Act”).… Read More
Shipman, Shaiken & Schwefel, LLC started off the new year with a victory in the U.S. Bankruptcy Court in Hartford on behalf of its client, a chapter 7 bankruptcy trustee. In Novak v.… Read More
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
By David M. S. Shaiken
If the City of Hartford files for bankruptcy, creditors of the City will be affected in a variety of ways. It is likely that the City will seek to renegotiate its obligations to bondholders, retirees and employees.… Read More
We are saddened to announce that our partner, Mark S. Shipman, Esq., passed away on March 4, 2023, at the age of 85. Mark was an outstanding advocate, valued colleague, and wise counselor to his many clients.… Read More