May 24, 2021 Weekly Bankruptcy Alert

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Bankruptcy & Creditors' Rights

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Bio and Articles

Weekly Bankruptcy Alert May 24, 2021 (For the week ending May 23, 2021)

by: Bankruptcy & Creditors' Rights of Pierce Atwood LLP - Alert

Monday, May 24, 2021

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Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of more than $1 million

Chapter 11

Debtor Name	Business Type	Bankruptcy Court	Assets	Liabilities	Filing Date
6525 Belcrest Road, LLC (New York, NY)	Real Estate	Manhattan (NY)	$1,000,001 to $10,000,000	$1,000,001 to $10,000,000	05/19/21
Hospitality Investors Trust, Inc.* (New York, NY)	Real Estate	Wilmington (DE)	$1,000,000,001 to $10 Billion	$1,000,000,001 to $10 Billion	05/19/21

*Other name used: American Realty Capital Hospitality Trust, Inc.

Current Legal Analysis

New FTC Rule Bans Most Non-Compete Agreements

by: Seth W. Ashby , Maureen Rouse-Ayoub

Finally Final — The DOL Issues Its Long-Expected Final Rule Raising the FLSA Overtime Exemption Salary Thresholds

by: Jason N. W. Plowman , Matthew P.F. Linnabary

EPA Designates PFOA and PFOS as CERCLA Hazardous Substances, Releases CERCLA Enforcement Discretion Policy

by: Lynn L. Bergeson , Lisa M. Campbell

LEGAL SPIN: SoulCycle Sued In TCPA Class Action

by: Tori Guidry

"Please Pay No Attention to the Microphone:” DOJ Announces New Program Offering Protections to Criminal Whistleblowers

by: Kurt R. Erskine , Nicole K. Nielly

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