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Subchapter V's Impact On Small Business Reorganization - Insolvency/Bankruptcy/Re-structuring


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A little over one year ago, just as the country was heading
into a period of unprecedented turbulence caused by the COVID-19
pandemic, the Small Business Reorganization Act (SBRA) went into
effect on February 19, 2020. Before SBRA, struggling businesses
considering bankruptcy had two options: Chapter 7 or Chapter
11. SBRA provides an additional option to businesses seeking
to reorganize by adding Subchapter V to the Bankruptcy Code, which
affords small business debtors the option of pursuing Chapter 11
restructuring under laws and rules of (a) traditional
Chapter 11, or (b) Subchapter V. ....

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André Leon Talley in Eviction Battle Over New York Mansion



André Leon Talley is embroiled in a legal dispute with former Manolo Blahnik USA chief executive officer
George Malkemus and his husband
Anthony Yurgaitis. 
Talley is facing eviction from a $1 million White Plains, N.Y., home over nonpayment of rent. The fashion influencer claims he owns the property.
Malkemus and Yurgaitis first took legal action last fall, citing a nonpayment proceeding in White Plains City Court. In late January, Talley filed a complaint in the Supreme Court of the State of New York’s Westchester County.
While Talley claims to own the property through a gentlemen’s agreement with Malkemus and Yurgaitis, the defendants contend Talley has fallen behind in rent by “hundreds of thousands of dollars.” Talley’s court documents allege that he made “episodic payments totaling $995,558” and has paid for such costly repairs as replacing the boiler and repairing the roof, annual landscaping and yard serv ....

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Legal Battle Between André Leon Talley, George Malkemus Expected to Intensify


Legal Battle Between André Leon Talley, George Malkemus Expected to Intensify
Women s Wear Daily (WWD)
2/22/2021
Rosemary Feitelberg
HOME SWEET HOME: The legal dispute between André Leon Talley and former Manolo Blahnik USA chief executive officer George Malkemus is expected to have another counterclaim in the coming weeks.
Talley is potentially facing eviction from a $1 million White Plains, N.Y., home by Malkemus and his husband Anthony Yurgaitis. The dispute was first reported by The New York Post.
More from WWD
Malkemus and Yurgaitis first took legal action last fall, citing a nonpayment proceeding in White Plains City Court. In late January, Talley filed a complaint in the Supreme Court of the State of New York’s Westchester County. ....

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