Year: 2019

Graphic of article titled "Judgment entered in Akkawi, et al. v. Sadr, et al.” by James S. Sifers, Esq., from Madison Law
Attorney, Taxes

Reduce Taxes By Investing In Qualified Opportunity Zones And Like Kind Exchanges

The Commodore Hotel Revitalizes New York City’s Grand Central Neighborhood In 1976, New York City (“City”) was bankrupt and crime-ridden.  While City residents and businesses fled to avoid the City’s crisis, The Trump Organization and the Hyatt Corporation (collectively the “Partners”) bought the 25-story, 60-year old Commodore Hotel (“Hotel”) on 42nd Street near Grand Central Railroad Station in a run down and dangerous neighborhood. To induce the Partners to invest […]

Professional woman with blonde hair in business attire.
Bankruptcy

PG&E Chapter 11 Bankruptcy—It’s Deja Vu All Over Again

On January 29, 2019 at 6:32 am, PG&E Corporation (“PG&E”) filed its petition for bankruptcy relief in the San Francisco Division of the Northern Bankruptcy District of California for Case Number 19-030088.  This is the second time in 20 years that PG&E has sought bankruptcy relief under Chapter 11 of the United States Code.  This article explains how it arrived in bankruptcy court for both bankruptcies and anticipated events in […]