The owner of a Holiday Inn in downtown Miami filed for Chapter 11 bankruptcy protection, with a plan aimed at luring investors to redevelop the site. With its close proximity to PortMiami, Bayside Marketplace and the planned Waldorf Astoria Miami luxury tower, the hotel owner’s attorney Linda Worton Jackson said the 10-story building at 340 Biscayne Boulevard is attracting interest …
Debt relief companies are often not the answer
Debts can become overwhelming at any time, but especially now, when so many are unemployed and struggling through the COVID-19 pandemic, sequestered at home with little income flowing. Linda Worton Jackson, chair of the Bankruptcy/Restructuring and Corporate Transactions Groups with the Pardo Jackson Gainsburg & Shelowitz, PL law firm in Miami, said it costs no more to have a bankruptcy …
Bankruptcy as a Strategy and Not a Sign of Defeat
By Linda Worton Jackson Author’s note: Recently, I collaborated with Overproof to present a webinar about how businesses in the hospitality and beverage alcohol industry could better prepare for the legal and economic impacts of COVID-19. The information below was included in that webinar, as well as additional insights. You can view a recorded version of the presentation here. As …