Vincent J. Roldan represents debtor Moxy Restaurant Associates, Inc. (dba Smithfield Hall) in its Chapter 11 proceedings in New York.  Smithfield Hall is an Irish bar and restaurant located in midtown Manhattan, primarily catering to soccer fans. The bankruptcy case was commenced as a last resort to save the restaurant from aggressive litigation and collection tactics by its creditors. By filing for bankruptcy, our client is able to continue operating during the “breathing spell” that is provided by the automatic stay (which prohibits further litigation), and it intends to reorganize.  Also notably this case was filed using the newly-enacted Subchapter V procedure, an efficient and cost-effective method by which small businesses in the United States can use the corporate reorganization provisions of the Bankruptcy Code.

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