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August 2014 News

On August 14, 2014 Partner Samantha K. Brumbaugh and IMGT assisted Penguin Drive-in, LLC in filing for relief under Chapter 11 of the Bankruptcy Code. The Penguin Drive-In is a landmark restuarant in the heart of Charlotte’s Plaza-Midwood Neighborhood. The Penguin Drive-In has been family owned and operated, and a local iconic meeting center for Charlotte, since its creation in 1954. The Penguin Drive-in has even been featured on such programs as Food Network’s “Diners, Drive-Ins and Dives” and the Traveler’s Channel’s “Mann vs. Food.” Samantha K. Brumbaugh and IMGT look forward to being able to assist the Penguin Drive-In in helping them reorganize and maintaining their iconic status within the Charlotte community.

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July 2014 News

On July 28, 2014 Partner Darren McDonough and IMGT successfully defended a foreclosure action where IMGT’s client had made an agreement with the Bank to satisfy the mortgage. The client paid the agreed upon amount and the Bank still filed the foreclosure action. IMGT and Partner Darren McDonough were able to get the bank to dismiss the foreclosure action. Making sure that IMGT fully represented our clients interests, Darren McDonough wasn’t satisfied with just getting the foreclosure action dismissed. Instead, IMGT and our client then instituted an action to get the outstanding mortgage cancelled with no additional payment, which resulted in a positive result for our client.

On July 24-27, 2014 Partner Samantha K Brumbaugh attended the American Bankruptcy Institute‘s 19th Annual Southeast Bankruptcy Conference, held in Amelia Island, Florida. The American Bankruptcy Institute (ABI) is the largest multi-disciplinary, non-partisan organization dedicated to research and education on matters related to insolvency. At the conference, Samantha K Brumbaugh attended seminars and workshops presented by some of the leading bankruptcy attorneys in practice today, as well as presentations by several Federal Bankruptcy Judges. IMGT was proud to send Samantha to this conference, and is excited to see the new and innovative strategies and approaches she has picked up from the conference.

On July 18, 2014 Partner Darren McDonough and IMGT successfully defended an action for alienation of affections and criminal conversation. The plaintiff sought damages against the IMGT client in excess of $10,000. After completing discovery and mediation, the plaintiff took a dismissal of all claims, which was filed on July 18th. This is the second action for alienation of affection and criminal conversation that Darren McDonough has successfully defended in the last couple of years. The prior action involved a claim for $1,000,000 that settled just before a jury was picked, with a dismissal of the criminal conversation claim and a settlement of $50 for the alienation of affection claim.

July 4, 2014 – IMGT would like to wish everyone a Happy Independence day and extend a thank you to all those who served. Happy July 4th!

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June 2014 News

On June 25, 2014, the United States Bankruptcy Court for the Middle District of North Carolina, Winston-Salem Division confirmed the Chapter 11 Plan of Reorganization for a small company that operates a mobile home park based out of Lexington, North Carolina. At the Confirmation hearing, the Court congratulated the Debtor and IMGT for their speedy and efficient work, having taken the case from initial filing of the Chapter 11 case to Confirmation of it’s Plan of Reorganization in just 10 months. The Plan of Reorganization sets forth the method by which the company will pay back some of it’s creditors, and reorganize into a more efficient company. Luckily for the company, and its owners, the company was not forced to liquidate any of its property. Congratulations to Partner Dirk W Siegmund and Associate Justin Kay, the two primary attorneys that worked on the case at IMGT, for their diligent work in representing the best interests of the client, and seeing this case through confirmation.

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May 2014 News

Congratulations to Partner Charles M Ivey III on his recent recognition by the National Academy for Bankruptcy Attorneys as a 2014 Nationally Ranked Top 10 Attorney Award. This recognition simply adds to a long history of awards and recognitions presented to Charles Ivey, and is evidence of the immense experience and dedication he brings to the leadership of the IMGT firm.

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