Author: Thomas S. Onder

JOANN’s Chapter 11 Bankruptcy Filing: Stitching Together a Reorganization

By Thomas S. Onder on March 18th, 2024

Posted in Bankruptcy & Creditor's Rights

JOANN, Inc., aka Jo-Ann Stores Holdings Inc. aka JOANN aka Jo-Ann Fabrics and Crafts, the 80-year-old, Ohio-based, arts-and-crafts operator filed for Chapter 11 bankruptcy protection in the District of Delaware Bankruptcy Court, docket #24-10418 (CTG) on March 18, 2024. According to The New York Times, the retailer has a deal with its… Continue reading

It’s Déjà Vu All Over – Tuesday Morning Files a Chapter 22 Bankruptcy

By Thomas S. Onder on February 15th, 2023

Posted in Bankruptcy & Creditor's Rights

It’s the second Chapter 11 bankruptcy petition (a Chapter 22) in three years for the discount, closeout home retailer, Tuesday Morning Corporation. The retailer filed for bankruptcy protection in the United States Bankruptcy Court for the Northern District of Texas on Valentine’s Day under case number 23–90001. The case is… Continue reading

Proper Representation is Worth the Dough: Jung v. Fred’s Bagels LLC

By Thomas S. Onder on January 31st, 2023

Posted in Commercial, Retail & Industrial Real Estate

A recent Appellate Division decision highlights the risks faced by commercial landlords who do not retain proper counsel to protect their interests. In Jung v. Fred’s Bagels LLC, the Appellate Division affirmed the trial court’s dismissal of a landlord’s complaint for possession of leased commercial space. Plaintiff landlord leased space to… Continue reading

Is a Tuesday Morning Chapter 22 Bankruptcy Imminent?

By Thomas S. Onder on July 25th, 2022

Posted in Bankruptcy & Creditor's Rights

Tuesday Morning Corporation, the discount, closeout home retailer, could be filing for Chapter 11 bankruptcy, reports both Bloomberg and Seeking Alpha. Shares of the company fell nearly 30% last week. The company has struggled with supply chain bottlenecks. The company previously emerged from Chapter 11 bankruptcy in December 2020, where it shed about… Continue reading

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