Nussbaum Lowinger files for Chapter 11 bankruptcy
Mark Nussbaum’s former law firms filed for Chapter 11 bankruptcy months after the once prominent real estate lawyer admitted to diverting hundreds of millions of dollars to Brooklyn investor Mendel Steiner. A chief restructuring officer put Nussbaum Lowinger and Mark J Nussbaum & Associates into bankruptcy in federal court in New York’s Southern District on Thursday, halting an ongoing alternative to bankruptcy proceedings in New York state court, known as an ABC. A lawyer handling the ABC has already said it is planning to contest the bankruptcy. Nussbaum’s former law firms listed between $100 million and $500 million in liabilities […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
America’s Top Architects: One 10 Studio Architects Brings
Cabin Comfort To A Contemporary Indianapolis Home
A clearer look at the listings caught up in Compass’
StreetEasy pushback
NYC turns up the heat on housing holdouts
Two Bushwick buildings reflect NY’s twisted
priorities
NY Dirt: Heat season returns with more HPD scrutiny, J-51
reboot
Frasers Property, Mitsubishi To Build Upscale Residential
Tower Along Singapore River
Protecting Capital Investments In Today’s Less Forgiving
Market
The 25 Best Places To Retire If You Love Arts, Fine Dining
And The Outdoors
How To Find The Best Retirement Place To Follow Your
Passions
Benedikt Taschen’s Sublime Renovation Of An Iconic
Mid-Century Home In Beverly Hills
