March 2016

The American Board of Certification Welcomes New Members

 

Congratulations to The American Board of Certification’s newest members! The following members were approved at the March 24, 2016 Standards Meeting:

Business Bankruptcy Law
Jason Binford
Kane Russell Coleman & Logan PC

Kenneth J. Buechler
Buechler Law Offices, L.L.C.

John R. Page
Shraiberg Ferrara Landau & Page, P.A.

E. Stewart Spielman
McGlinchey Stafford PLLC

Consumer Bankruptcy Law
Booker T. Carmichael
The Carmichael Firm, LLC

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Watch Out! Protecting Private Equity from WARN Act Claims

 

Introduction

Private equity firms are increasingly being hit with WARN Act claims.  These claims arise when a company terminates or layoffs off a large number of its employees without first issuing a statutorily prescribed notice.  Thereafter, the employees sue the company’s owners, active investors and possibly its lenders seeking recovery of statutory damages.

What is a WARN Act claim?

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Bankruptcy Code Definition: Accountant

 

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ABC Names 2016 Officers, Directors and Emeritus Directors

 

The American Board of Certification of Bankruptcy and Creditors’ Rights Attorneys (ABC) held its annual meeting in December at the Arizona Biltmore in Phoenix, Arizona.

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