Author Archive
America’s Schizophrenia: Why Immigration is Besides the Point
It is certainly no wonder that there is sharp division and controversy in this Country on the subject of immigration. After all, the American attitude on the subject is conducive to mixed emotions which, in this writer’s opinion, rise to the level of schizophrenia. This phenomenon is hardly new, although a superficial survey […]
Smelling Blood in the Water
So the statistics are finally starting to emerge, and nobody but the spokespersons for our real estate brokerage industry, our debonair denizens of denial and flagrant fanners of fantasy can gainsay the obvious: the housing market is softening, and it is doing so quickly and rather dramatically. Prices are softening, unsold inventory is rising quickly, […]
Financial “Perfect Storm” Brewing Over America’s Middle Class
“A weakening housing market, together with other financial currents in the U.S. Economy, represents the potential final impetus to a ‘Perfect Storm’ brewing over the American Middle Class, and, without luck or prompt legislative action, may lead to disaster, especially for homeowners.” So says Warren R. Graham, a New York Bankruptcy Attorney. The […]
Bankruptcy Backfire! Is Bankruptcy “Reform” Biting the Hand that Fed it?
As anyone who follows the world of bankruptcy knows, as of October 17, 2005, substantial and, from the point of view of consumers, painful changes were made to the Federal Bankruptcy Laws. At the behest, primarily, of the credit card providers and banks, who had been lobbying for years, new legislation was drafted and […]
You’re Suing ME?! Adding Insult to Injury to Creditors of Bankrupt Debtors
In the course of managing a bankruptcy-centered law practice, one notices that certain themes tend to recur. One of the things that seems, repeatedly and quite understandably, to make the blood of credit managers in bankruptcy cases boil, is the prospect of being sued for a ‘preference’ while they are already stuck with a bad […]
Landlords Rejoice! The Bankruptcy Code Loves You
“In the wake of the recent and very substantial changes to the nation’s bankruptcy laws, the most significant beneficiaries are likely to be commercial landlords.” So says Warren R. Graham, a bankruptcy lawyer with 25 years of experience, much of it representing both landlords and tenants in large Chapter 11 reorganizations.
“Most of the public attention, […]
