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…
Everybody realizes that the value of the businesses is maximized by the business staying in operation and serving patients…
Normally, he said, a bankruptcy filing could end up with the company that sought the protection from creditors being auctioned off.
This bankruptcy was filed under an “arcane section of the bankruptcy code that allows debtors extra time to take certain actions…
Generally, the value of a half-completed hotel doesn’t go up over time,” Stein-Sapir said.
The loss of vendor financing is a fairly common reason for a bankruptcy, especially for firms with large working capital requirements…
When American Apparel came out [of bankruptcy] the first time, it did so with fewer stores and less debt, Adam Stein-Sapir of Pioneer Funding Group said, but…
In short they are accused of forming this new entity to escape the debts of the old location. The former landlord at 2 Park Avenue, now owed…
It makes sense for the New York real estate to be available for all of Vneshprombank’s creditors, not just ones in the U.S.
As one of the assets of the Posner estate, Windmill Reserve is being sold to help satisfy the PBGC obligations…
The business has a significant amount of debt (over $5 million) which seems to be a high level relative to the size of the business…
“The bankruptcy filing postpones action in the lawsuit, including any foreclosure sale”, according to Adam D. Stein-Sapir at Pioneer Funding Group in New York.
Adam Stein-Sapir of Pioneer Funding, LLC, provides expert insights into the challenges Neiman Marcus faced leading to its Chapter 11 bankruptcy. Lenders are pressuring CEO Geoffroy van Raemdonck to step down, citing concerns over his leadership amid the pandemic and a controversial 2018 transaction involving Mytheresa. Stein-Sapir highlights the complexity of the situation, emphasizing the lenders’ frustrations.
