At Pioneer Funding, LLC, we provide expert guidance and insights on selling bankruptcy claims, creditor rights, distressed assets, and restructuring situations. Our co-founder, Adam Stein-Sapir, has been quoted in leading publications including The Wall Street Journal, Bloomberg, Forbes, New York Post, TechCrunch, New York Daily News, and Philadelphia Inquirer. This page features a collection of articles where Adam and our team have shared analysis and updates on recent bankruptcy filings from the perspective of a fund who buys trade claims, financial restructuring, and trends in the industry. Stay informed with the latest news and expert commentary from Pioneer Funding, LLC.
Filing for chapter 5 bankruptcy is often faster and cheaper than the better-known chapter 11, said Adam Stein-Sapir, a managing member of Pioneer Funding Group, LLC, which invests in claims against bankrupt companies.
The bankruptcy filing allows Suitable’s assets to be sold free of all legal issues, Stein-Sapir says, in a process that is “beyond reproach,” since it’s supervised by the court.
The restructuring team guiding Woodbridge through bankruptcy will likely “shy away from doing a quick…
In this article, Adam Stein-Sapir of Pioneer Funding, LLC, provides insights on the potential of the Cal Neva Resort and Casino as a “blank slate”
“The reality is that there were almost no business records to speak of, no paper trail showing exactly how money came in and where it went, so the fact that there was anything left over is a bit of a win,”
“This is extremely unusual,” Stein-Sapir said. “This is anything but a regular bankruptcy.”
“[Churchill is] trying to use bankruptcy and the discovery tools available in bankruptcy to really figure out what happened to the money and where it went,” Stein-Sapir said. “I’m sure no one in the asset anticipated that the project would need more capital.”
ABC may have retained B. Riley, Stein-Sapir added, to find a buyer for the business or solicit new investors. The investment bank could also take a stake in the storied retailer.
Adam D. Stein-Sapir of Pioneer Funding Group speculated that three factors contributed to the filing…
Adam D. Stein-Sapir of Pioneer Funding Group speculated that three factors contributed to the filing…
“The value of assets is pretty darn close to the value of the senior debt. I wouldn’t expect any other bidder to come and top the current lender,” Stein-Sapir said.
The longtime owners of the Upper East Side building that Grace Kelly once called home filed for bankruptcy today, canceling a foreclosure auction on the property, court records show.
In this article, Adam Stein-Sapir of Pioneer Funding, LLC, provides expert insights on the complexities of a bankruptcy case involving XS Ranch Fund. Article Link:
Adam Stein-Sapir of Pioneer Funding, LLC, provides insights into Svenhard’s Swedish Bakery’s Chapter 11 bankruptcy filing, a move driven by financial strain from liabilities up to $50 million and legal challenges. Chapter 11 offers Svenhard’s a chance to reorganize its debts and potentially continue operations, despite significant pressures from creditors and lawsuits.
“It’s unfortunate that a marquee brand worth almost $1 billion in sales wasn’t able to pay anything to the vendors who made Barneys the brand that it was,” Stein-Sapir said.
