Murphy & 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...

Murphy & King attorneys Harold B. Murphy, Charles R. Bennett, Jr., and Christopher M. Condon win key ruling in NECCO bankruptcy...

Murphy & King, Professional Corporation announced today that Kathleen R. Cruickshank and Christopher M. Condon have been elected Shareholders of the firm. Kathleen R. Cruickshank Ms. Cruickshank focuses her practice on representing debtors, trustees and creditors in a wide array of Chapter 11 and Chapter 7 bankruptcy cases and in...

Murphy & King Shareholder Ethan Jeffery recently discussed bankruptcy and financial restructuring with Ann Murphy on "OA on Air". During the interview, Attorney Jeffery reviewed a few of the reasons businesses get into financial difficulty even when the economy is good, and why it’s important to seek professional advice early.  Ethan...

Boston 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...

Murphy & 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.

In 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...

When 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...

One 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...

In 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...