Abbey Walsh, partner in the firm’s Restructuring & Bankruptcy Practice Group, was quoted in Law360’s coverage of the ongoing Merit Street Media bankruptcy proceedings. The article discusses U.S. Bankruptcy Judge Scott Everett’s decision to significantly limit the debtor’s request to pay administrative expenses due to concerns about continued operating losses and the debtor’s appeal of its Chapter 7 conversion.
Abbey emphasized the need to protect the estate during the transition to Chapter 7, stating: “No further cash should be permitted to leave the estate. The employees agreed to extend their contracts, knowing they're not going to get paid.”
Professional Bull Riders (PBR) is represented by Jennifer Hoover, Andrew Kinsey, Nicholas Secco, Alyssa Moscarino and Abbey Walsh.
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