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US Bankruptcy Court for the Southern District of New York

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Bankruptcy Fraud: Former Attorney From Westchester Admits Lying To Keep Assets, Officials Say Bankruptcy Fraud: Former Attorney From Westchester Admits Lying To Keep Assets, Officials Say
Bankruptcy Fraud: Former Attorney From Westchester Admits Lying To Keep Assets, Officials Say A former attorney from Westchester has admitted to submitting false bank records to bankruptcy court in an attempt to keep possession of his multi-million dollar home and Aston Martin sports car, officials said. Bronxville resident John Roesser, age 52, pleaded guilty on Tuesday, Sept. 12 to charges related to making falsified statements and submitting fake records to bankruptcy court, the US Attorney's Office for the Southern District of New York announced.  Earlier Report - Bankruptcy Fraud: Former Attorney From Bronxville Lied To Keep Home, Sports Car, Officials Say Acc…

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by Ben Crnic
Business
Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy
Parent Company Of Balducci’s, Kings Food Markets Files For Bankruptcy KB US Holdings, the parent company of Kings Food Markets and Balducci’s Food Lover’s Market, which has locations throughout the region, has filed for Chapter 11 bankruptcy amid the COVID-19 pandemic. The company announced this week that “it has accepted a stalking horse bid from TLI Bedrock to purchase the company for $75 million.” To facilitate the sale, KB and its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. Kings currently operates 25 specialty supermarkets, including 23 in New Jerse…

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by Zak Failla