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  • May 27, 2020Bruce Wisotsky Present to Medical Practice Management on COVID-19 Financial Impact and Bankruptcy

    Bruce J. Wisotsky, a Member of law firm Norris McLaughlin, P.A., will present the free webinar, “The Financial Impact of COVID-19: Bankruptcy 101,” at noon on Friday, May 29, for the New Jersey Medical Group Management Association and eight other state Medical Group Management Associations.

    “COVID-19 has brought on significant financial hardships to small businesses, including medical practices. In the face of a practice’s substantially reduced income and mounting debt, it’s helpful to be educated on avenues of business preservation,” said Wisotsky.

    For more topics related to the coronavirus, visit the firm’s Coronavirus (COVID-19) Preparedness Resource Center or its Coronavirus Thought Leadership Connection.

    About the COVID-19 Financial Impact

    Ros and Wisotsky will discuss the different bankruptcy chapters available to businesses, the recently enacted Small Business Reorganization Act, and the impact of the CARES Act on the ability to obtain bankruptcy relief, with an emphasis on the availability of those laws on medical and other professional practices. They will also answer participants’ questions. For more information about the NJMGMA, visit njmgma.com.

    About Bruce Wisotsky

    Wisotsky, a member of the Bankruptcy & Creditors’ Rights Law Practice Group, represents debtors, creditors’ committees, equity committees, trustees, landlords, secured and unsecured creditors in Chapter 11 and 7 bankruptcy proceedings. He has litigated a wide variety of bankruptcy and commercial issues during his career inclusive of contract and lien validity disputes, actions to recover preferential transfers, fraudulent conveyance claims, and non-dischargeability of debt actions.

    Wisotsky has also lectured on various bankruptcy issues before the New Jersey Institute for Continuing Legal Education, Turnaround Management Association, and the Essex County Bar Association. He has addressed topics including prosecution and defense of preference actions; treatment of tax claims in bankruptcy proceedings; and retention bonus issues. Wisotsky is a member of the New Jersey Regional Advisory Board of the Anti-Defamation League, the American Bankruptcy Institute, and the Turnaround Management Association. He is also on the United States Bankruptcy Court’s approved list of mediators.

    Wisotsky received his J.D. in 1978 from Temple University School of Law and his B.A., magna cum laude, in 1975 from Temple University.

    Posted in: Bankruptcy & Creditors' Rights, Bruce J. Wisotsky, Health Care & Life Sciences, News | Tags: , ,

  • May 26, 2020The Financial Impact of COVID-19: Bankruptcy 101

    Bruce J. Wisotsky, a Members of law firm Norris McLaughlin, P.A., will present the free webinar, “The Financial Impact of COVID-19: Bankruptcy 101,” for the New Jersey Medical Group Management Association and eight other state Medical Group Management Associations.

    About the COVID-19 Bankruptcy Webinar

    Discussion topics will include:

    • How the CARES Act has raised the debt ceiling for small businesses
    • Different chapters of bankruptcy
    • Sub-Chapter V rules in the Small Business Reorganization Act
    • Which chapter of bankruptcy may be appropriate for medical practices experiencing financial hardships caused by COVID-19
    • What factors must be considered when determining whether to file for bankruptcy

    When: Friday, May 29, 2020

    noon – 1:00 p.m.

    Registration: njmgma.net

    About Bruce Wisotsky

    Bruce represents debtors, creditors’ committees, equity committees, trustees, landlords, secured and unsecured creditors in Chapter 11 and 7 bankruptcy proceedings. He has litigated a wide variety of bankruptcy and commercial issues during his career inclusive of contract and lien validity disputes, actions to recover preferential transfers, fraudulent conveyance claims, and non-dischargeability of debt actions. Bruce has also lectured on various bankruptcy issues before the New Jersey Institute for Continuing Legal Education, Turnaround Management Association, and the Essex County Bar Association. He has addressed topics including prosecution and defense of preference actions; treatment of tax claims in bankruptcy proceedings; and retention bonus issues.

    Posted in: Bankruptcy & Creditors' Rights, Bruce J. Wisotsky, Events, Health Care & Life Sciences | Tags: , ,

  • Apr 09, 2019Bruce Wisotsky Speaks on Asset Protection for Physicians

    Bruce J. Wisotsky, a Member of law firm Norris McLaughlin, P.A., presented “Asset Protection for Physicians: Prescriptions for Preservation of Wealth” at the New Jersey Chapter of the American College of Surgeons 2019 Socio-Economic Meeting, Saturday, April 6, at the Renaissance Woodbridge Hotel and Conference Center in Iselin.

    Wisotsky discussed asset protection, creditors’ rights, and best practices to protect physician’s practices and personal assets if unforeseen creditors come looking to collect. For more information, please click here.

    About Bruce Wisotsky

    Wisotsky represents debtors, creditors’ committees, equity committees, trustees, landlords, and secured and unsecured creditors in Chapter 11 and 7 bankruptcy proceedings.  He has litigated a wide variety of bankruptcy and commercial issues during his career inclusive of contract and lien validity disputes, actions to recover preferential transfers, fraudulent conveyance claims, and non-dischargeability of debt actions.

    Wisotsky has also lectured on various bankruptcy issues before the New Jersey Institute for Continuing Legal Education, Turnaround Management Association and the Essex County Bar Association.  He has addressed topics including prosecution and defense of preference actions, treatment of tax claims in bankruptcy proceedings, and retention bonus issues.  He is also on the United States Bankruptcy Court’s approved list of mediators.

    Wisotsky is a member of the New Jersey Regional Advisory Board of the Anti-Defamation League, the American Bankruptcy Institute, and the Turnaround Management Association.  He also served as an officer and counsel to Help Darfur Now, a non-profit corporation which raised funds to purchase food and medical supplies for refugees in the Darfur region of Sudan.  Wisotsky received his B.A. and J.D. degrees from Temple University and Temple University School of Law.

    Posted in: Bankruptcy & Creditors' Rights, Bruce J. Wisotsky, Health Care & Life Sciences, News | Tags: , ,

  • Sep 28, 2017Bruce Wisotsky Presents to NJ Association of Public Accountants

    Bruce J. Wisotsky, Member of Bridgewater-based law firm Norris McLaughlin, P.A., will present “How the Accountant Can Assist Counsel in a Chapter 11 Reorganization Case” to the Essex-Hudson-Union Chapter of the NJ Association of Public Accountants on Tuesday, October 3.  This seminar, part of the Association’s Fall Series of Seminars, has been approved for two CPE & CE credits.

    The presentation will cover the initial interview with the debtor; voluntary Chapter 11 petition; employment and compensation of professionals; debtor-in-possession; conversion or dismissal;  appointment of a Chapter 11 trustee; responsibilities of DIP/trustee; small business Chapter 11 cases; use, sale, or lease of property of the estate; and financing the DIP business operations – cash collateral and use of credit.  Also discussed will be Section 341 meetings, creditors committee, executory contracts, exclusivity period to file plan, negotiating the plan – liquidation or reorganization, the structure of the plan and disclosure statement, confirmation of the plan, and post confirmation issues.

    A resident of Roseland, Wisotsky represents debtors, creditors’ committees, equity committees, trustees, landlords, secured and unsecured creditors in Chapter 11 and 7 bankruptcy proceedings.  He has litigated a wide variety of bankruptcy and commercial issues during his career, including contract and lien validity disputes, actions to recover preferential transfers, fraudulent conveyance claims, and non-dischargeability of debt actions.

    Wisotsky has lectured on bankruptcy issues before the New Jersey Institute for Continuing Legal Education, Turnaround Management Association, and Essex County Bar Association.  Addressing topics including prosecution and defense of preference actions, treatment of tax claims in bankruptcy proceedings, and retention bonus issues.  He is also on the United States Bankruptcy Court’s approved list of mediators.

    Wisotsky is a member of the New Jersey Regional Advisory Board of the Anti-Defamation League, the American Bankruptcy Institute, and the Turnaround Management Association.  He also served as an officer and counsel to Help Darfur Now, a non-profit corporation that raised funds to purchase food and medical supplies for refugees in the Darfur region of Sudan.  He received his B.A. from Temple University and his J.D. from Temple University School of Law.

    Posted in: Bankruptcy & Creditors' Rights, Bruce J. Wisotsky, News | Tags: , , , , , , , , , ,

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