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business Archives - DelCotto Law Group

HALLOWEEN 2018: A Word on Zombies, The Walking Dead and Death Spirals

October 11, 2018
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By: Laura Day DelCotto

Stanley Druckenmiller has been widely quoted recently for his predictions at the NYC Grant’s Investment Conference of looming insolvencies and bankruptcies to be filed by any number of zombie companies: “Seriously, does anyone know why Sears is still in business?”   He is right […]

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SARE, Single Asset Real Estate Debtor

Dare to SARE: Single Asset Real Estate Debtors

March 5, 2015
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Dare to SARE: Single Asset Real Estate Debtors

DEFINING “SARE’S”

The term “single asset real estate” is defined in 11 U.S.C. § 101(51B) as “real property constituting a single property or project, other than residential real property with fewer than 4 […]

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“I’m not paying payroll taxes”

December 11, 2014
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By Jamie L. Harris

One of the major common financial mistakes that I see business owners make is failure to pay employment taxes. As many businesses are facing limited cash flow, too often payroll taxes go unpaid as business owners opt to pay other debts. The payment of […]

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