Mandelbaum Barrett PC, led by New York/ New Jersey partner Vincent J. Roldan, represented debtor Moxy Restaurant Associates, Inc. (dba Smithfield Hall) in its Chapter 11 proceedings in New York. Smithfield Hall is a well-known Irish bar and restaurant located in midtown Manhattan that primarily caters to soccer fans.
The bankruptcy case was commenced as a last resort to protect the business from aggressive litigation and collection efforts by certain pre-petition creditors. Mandelbaum successfully negotiated and obtained court approval for a consensual Chapter 11 plan of reorganization—saving jobs and ensuring the continued operation of this popular venue.
By filing for bankruptcy, Smithfield Hall was able to continue operating during the “breathing spell” provided by the automatic stay, which halts litigation and collection. The business ultimately resolved its debts through the confirmed plan. Notably, this case was filed under Subchapter V, an efficient and cost-effective option for small business reorganizations under the Bankruptcy Code.
Associates Marlene Arabia and Ava Goldberger assisted with this representation. This result underscores Mandelbaum Barrett PC’s ability to efficiently represent Chapter 11 borrowers and its expertise in navigating the evolving area of Subchapter V bankruptcy law.
These stories are successful case results from our attorneys. Please note that results may vary depending on your particular facts and legal circumstances.