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Murphy & King Receives National and Regional Recognition in 2024 U.S. News – Best Lawyers® “Best Law Firms” Rankings for Thirteenth Consecutive Year
November 6, 2023Murphy & King, P.C. announced today that the Firm received national and regional recognition as a top tier law firm in the 2024 U.S. News – Best Lawyers® “Best Law Firms” for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, Bankruptcy Litigation, Commercial Litigation, Labor & Employment Litigation, White...
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Twelve Murphy & King Attorneys Named to 2023 Massachusetts Super Lawyers List, One Named to Massachusetts Rising Stars List
October 9, 2023Murphy & King announced today that 12 attorneys from the firm have been selected to the 2023 Massachusetts Super Lawyers List and one has been selected to the 2023 Massachusetts Rising Stars list. The Super Lawyers list includes attorneys Harold B. Murphy,
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Twelve Murphy & King Attorneys Recognized in Best Lawyers in America© 2024
August 17, 2023Murphy & King, P.C. announced today that twelve of the firm’s Shareholders have been recognized by Best Lawyers® in The Best Lawyers in America© 2024 for their exemplary work in their respective practice areas. The following attorneys have been named to the 2024 list:
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Eleven Murphy & King PC, Attorneys Named to 2022 Massachusetts Super Lawyers, One Named to Massachusetts Rising Stars
October 27, 2022Murphy & King announced today that eleven attorneys from the firm have been named to the 2022 Massachusetts Super Lawyers List and one has been named to the 2022 Massachusetts Rising Stars list. The Super Lawyers list includes attorneys Charles R. Bennett, Jr.,
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Murphy & King Receives Tier 1 Placement in 2022 IFLR1000 Firm Rankings for Restructuring and Insolvency
September 6, 2022Murphy & King, Professional Corporation announced today that the firm has received a Tier 1 placement among law firms in Massachusetts for Restructuring and Insolvency in the 2022 IFLR1000 United States firm rankings. In addition, Harold B. Murphy, Shareholder and Founder of...
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Priority of Taxes in a “Straddle Year”
August 23, 2022Recent decisions have cast light on the dispute over the proper treatment of claims of taxing authorities arising in a “straddle” tax year, which begins before the bankruptcy filing date and ends after it. Because of the ambiguities of the drafting in revised § 507(a)(8) of the Bankruptcy Code, a tax claim arising in a straddle year could...
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Eleven Murphy & King Attorneys Recognized in Best Lawyers in America© 2023
August 18, 2022Murphy & King, P.C. announced today that eleven of the firm’s Shareholders have been recognized by Best Lawyers® in The Best Lawyers in America© 2023 for their exemplary work in their respective practice areas. Harold B. Murphy,
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Murphy & King Recognized by Chambers and Partners for 16th Consecutive Year as a Leading Firm
June 8, 2022Murphy & King, P.C. announced today that, for the 16th consecutive year, the firm’s Bankruptcy and Financial Restructuring Practice has been recognized by Chambers and Partners in the Chambers USA 2022 rankings as standout specialists among its peers in the region. Chambers has again ranked Murphy & King in the highest tier among...
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16 Murphy & King Attorneys Recognized as 2021 Top Lawyers in Boston Magazine
December 8, 2021Murphy & King, P.C. announced today that 16 of the Firm’s attorneys were chosen for the inaugural 2021 Top Lawyers list published in Boston Magazine. Murphy & King attorneys on the 2021 Top Lawyers list are engaged in the practice areas of Bankruptcy, Civil Litigation, Corporate Law, Criminal Defense/White Collar and Mediation. The...
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Murphy & King Receives National and Regional Recognition in 2022 U.S. News – Best Lawyers® “Best Law Firms” Rankings for Eleventh Consecutive Year
November 4, 2021Murphy & King, P.C. announced today that the Firm received national and regional recognition as a top tier law firm in the 2022 U.S. News – Best Lawyers® “Best Law Firms” for Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, Bankruptcy Litigation and Commercial Litigation. U.S. News & World Report and Best...
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Ten Murphy & King Attorneys Named to 2021 Massachusetts Super Lawyers, Two Named to Massachusetts Rising Stars
October 18, 2021Murphy & King announced today that ten attorneys from the firm have been selected to the 2021 Massachusetts Super Lawyers List and two have been selected to the 2021 Massachusetts Rising Stars list. The Super Lawyers list includes attorneys Charles R. Bennett, Jr.,
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Murphy & King Received Tier 1 Placement in 2021 IFLR1000 Firm Rankings for Restructuring and Insolvency
September 7, 2021Murphy & King, Professional Corporation announced today that the firm received a Tier 1 placement among law firms in Massachusetts for Restructuring and Insolvency in the latest IFLR1000 United States firm rankings. In addition, Harold B. Murphy, Shareholder and Founder of...
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Nine Murphy & King Attorneys Recognized in Best Lawyers in America© 2022
August 24, 2021Murphy & King, P.C. announced today that eight of the firm’s Shareholders and one Associate have been recognized by Best Lawyers® in The Best Lawyers in America© 2022. Daniel J. Lyne and Dan Rabinovitz are...
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Murphy & King Recognized by Chambers and Partners for 15th Consecutive Year
May 28, 2021Murphy & King, P.C. announced today that, for the 15th consecutive year, the firm’s Bankruptcy and Financial Restructuring Practice has been recognized by Chambers and Partners in the Chambers USA 2021 rankings as standout specialists among its peers in the region. Chambers has again ranked Murphy & King in the highest tier among Boston...
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Murphy & King’s Andrew G. Lizotte to Speak at BBA’s 31st Annual Bankruptcy Bench Meets Bar Conference
May 19, 2021Murphy & King, P.C. announced today that Shareholder Andrew G. Lizotte and Shareholder Kathleen R. Cruickshank will participate in the Boston Bar Association’s (BBA) 31st Annual Bankruptcy Bench...
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Director and Officer Liability Issues
March 5, 2021This article addresses some recent developments highlighting potential risks and pitfalls for directors and officers of a corporation if good corporate governance is not followed. Under the internal affairs doctrine, corporate governance is determined by the law of the state in which a company is incorporated regardless of its principal place...
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Nine Murphy & King Attorneys Named to 2020 Massachusetts Super Lawyers, Two Named as 2020 Massachusetts Rising Stars
October 13, 2020Nine Murphy & King attorneys have been selected to the 2020 Massachusetts Super Lawyers list and two have been selected to the 2020 Massachusetts Rising Stars list. The Super Lawyers list includes attorneys Charles R. Bennett, Jr.,
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Murphy & King Recognized by Chambers and Partners for 14th Consecutive Year
April 27, 2020Murphy & King, P.C. announced today, for the 14th consecutive year, the firm’s Bankruptcy and Financial Restructuring Practice has been recognized by Chambers and Partners in the Chambers USA 2020 rankings as outstanding among its peers in the region. Chambers, which has ranked lawyers and law firms for more than 20 years, has again
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First Circuit Affirms Summary Judgment Ruling in Trustee’s Favor Barring PIEC from Asserting Competing Claims in TelexFree Proceedings
November 8, 2019The U.S. Court of Appeals for the First Circuit affirmed the decision of the Massachusetts District Court, which adopted the Massachusetts Bankruptcy Court’s award of summary judgment in favor of Chapter 11 Trustee Stephen Darr, represented by Murphy & King, in an adversary proceeding arising out of the bankruptcies of TelexFree, LLC;...
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Nine Murphy & King Attorneys Named to Massachusetts Super Lawyers, Two Named to Massachusetts Rising Stars
November 4, 2019(Boston, MA) Nine Murphy & King attorneys have been selected to the 2019 Massachusetts Super Lawyers list and two have been selected to the Massachusetts Rising Stars list. The Super Lawyers list includes attorneys Charles R. Bennett, Jr.,
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Murphy & King Attorneys Recognized in Best Lawyers in America© 2020 for Bankruptcy/Insolvency and Bankruptcy Litigation
August 15, 2019Murphy & King, Professional Corporation announced today that four Shareholders, Harold B. Murphy, Charles R. Bennett, Jr., D. Ethan Jeffery, and Andrew G. Lizotte, have been recognized by Best Lawyers ® in Best Lawyers in America© 2020 for Bankruptcy/Insolvency and Bankruptcy Litigation. Additionally, Bennett is named 2020 “Lawyer of the...
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Murphy & King Recognized by Chambers and Partners for 13th Consecutive Year
May 7, 2019Boston firm’s Bankruptcy and Restructuring Practice Designated in Top Tier in the Region in 2019 (Boston, MA) – May 7, 2019 – Murphy & King, P.C.announced today that, for the 13th consecutive year, the firm’s Bankruptcy and Financial Restructuring Practice has been recognized by Chambers and Partners in Chambers USA 2019 as...
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Murphy & King Shareholder Andrew Lizotte interviewed by Banker & Tradesman
March 11, 2019Murphy & King Shareholder Andrew Lizotte shares his experience with Banker & Tradesman about the multiple paths that may lead to insolvency and best practices for resolving disputes with lenders and other creditors.
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Personal Liability of Directors and Investors for Unpaid Wages
March 7, 2018In a recent Radio Entrepreneurs podcast, we discussed the various circumstances under which principals of a company can be exposed to personal liability for the debts of that company, including potential liability for...
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Appeals Court Confirms Use of Net Investment Method to Calculate Claims in Ponzi Scheme
June 12, 2017When a Ponzi scheme collapses, as they all eventually do, the court must develop a process for repayment of victims based upon the limited funds that may be available. A critical component of this process is determining the amount of a victim’s claim that will share in any recovery. The Second Circuit Court of Appeals recently issued a...
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Discharge of claims in bankruptcy – Covenants not to compete
April 10, 2017One of the principal benefits for an individual filing for bankruptcy is the so-called fresh start, that is, a discharge of liabilities that arose prior to the bankruptcy. A recent decision of the Massachusetts Bankruptcy Court addressed the right to a discharge in relation to covenants not to compete with a former employer or...
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Bankruptcy Court Allows Exemption for Property Not Used as Principal Residence
February 21, 2017In November 2016, we provided an update on a novel bankruptcy case addressing an individual’s right to exempt the value of their home under the Massachusetts homestead law. Specifically, the case involved whether Massachusetts law could be applied to exempt the value of property located in another state (it can). A Massachusetts bankruptcy...
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Bankruptcy Court allows for substantive consolidation of debtor and nondebtor.
January 9, 2017Occasionally, a person or company in bankruptcy (the debtor) and a related person or company allow their financial affairs to become a bit too entangled. In these circumstances, bankruptcy courts may impose several remedies, one of which is substantive consolidation. Substantive consolidation effectively provides for the merger or combination of...
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First Circuit Rules on Applicability of Automatic Stay to Government Action in Bankruptcy
December 14, 2016The First Circuit Court of Appeals recently ruled that the federal government was able to terminate a bankrupt's Medicare/Medicaid Provider Agreement without violating the automatic stay, rendering an important decision on the intersection of bankruptcy and Medicare law. On June 15, 2015 Parkview sent the Center for Medicare & Medicaid...
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Bankruptcy Appellate Panel Rules on Trademark Rights of Licensee
December 1, 2016The bankruptcy appellate panel for the First Circuit (BAP) recently ruled on the rights of a licensee of trademarks when the licensor files for bankruptcy and the licensor rejects the contract during the bankruptcy case. Tempnology, the debtor in bankruptcy, had a prepetition agreement with Mission Product Holdings (MPH) giving MPH certain...
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Summary of the “Current Retail Bankruptcy” panel at the 18th Annual New England Bankruptcy Law Conference
November 18, 2016Andrew Lizotte chaired a panel on Current Retail Bankruptcy Issues at the 18th Annual New England Bankruptcy Law Conference held in Boston on November 16, 2016. Andrew’s presentation focused on recent operational and legal developments impacting the retail industry. Andrew was joined on the panel by Don Rothman at Riemer & Braunstein,...
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Bankruptcy Court Rules on Right to Use Massachusetts Homestead Law for Out of State Property
November 15, 2016When an individual files for bankruptcy, the law generally allows that individual (the "debtor") to keep, or exempt, certain assets, with the remaining assets being sold to pay claims of creditors. Exemption rights are designed to help the debtor achieve a "fresh start" after bankruptcy. In Massachusetts, state law allows a debtor to exempt...
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Atlantic Marine Three Years On—The Survival of Rule 12(b)(6) in Enforcing Forum-Selection Clauses
November 3, 2016Almost three years ago now, the Supreme Court decided Atlantic Marine Construction Company v. U.S. District Court for the Western District of Texas, 134 S. Ct. 568 (2013) and instructed both courts and litigants on the correct procedural and analytical framework for enforcing a contractual forum-selection clause. The Court held that: (1) the party...
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Developments in the Dischargeability of Tax Liabilities
September 12, 2016One of the principal benefits for an individual filing for bankruptcy (a “debtor”) is the entry of a discharge, or forgiveness of debts arising prior to the bankruptcy filing. Section 727 of the Bankruptcy Code provides circumstances under which a debtor may have their discharge denied in its entirety. Section 523 of the Code, in turn,...
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Buyer Beware: Ruling Saddles ‘New’ GM with Successor Liability
August 29, 2016One of the principal benefits of purchasing assets out of bankruptcy is that buyers typically are able to acquire the assets “free and clear” of the liabilities of the company in bankruptcy. This ability allows the purchaser to better estimate value for the assets or business to be acquired by limiting concerns of inheriting problems of the...
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Murphy & King Honored By Chambers and Partners 2013
June 21, 2013Boston – June 19, 2013 – Murphy & King, P.C. announced today that for the 7th consecutive year, it has received high accolades from Chambers and Partners USA for the firm’s consistent success and expertise in bankruptcy...
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Murphy & King Named Bankruptcy Law Firm of the Year in Massachusetts
April 18, 2013Boston (April 18, 2013) – Murphy & King has been named Bankruptcy Firm of the Year in Massachusetts by Corporate Intl Magazine. Corporate Intl’s Legal annual awards mark excellence for the world’s leading advisers and...
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Murphy & King Honored By Chambers and Partners 2012
June 20, 2012June 19, 2012 - Murphy & King, P.C. announced today that for the 6th consecutive year, it has received high accolades from Chambers and Partners USA for the firm’s consistent success and expertise in the bankruptcy and general commercial litigation arenas. The recognition cites the firm’s experience working in a wide range of industries...