Category Archives: Firm News

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Best Lawyers in America honors 5 Sader Law Firm attorneys with recognitions in 2024 guide

Sader Law Firm is pleased to announce five attorneys earned distinction as top Kansas City bankruptcy practitioners in the 2024 Best Lawyers in America guide, a top peer-reviewed publication that honors accomplished attorneys. Managing Member Neil Sader and Member Brad McCormack brought in four total honors, recognized in two practice areas each:  Litigation – Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization. Additionally, Sader attorneys Stephen Krogmeier, Steven Long and Christian Taylor were all recognized in Best Lawyers: Ones to Watch for Litigation – Bankruptcy. Taylor also earned distinction in Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. Best Lawyers’ methodology is “designed to capture, as accurately as possible, the consensus opinion of leading lawyers about the professional abilities of their colleagues within the same geographical area and legal practice area.” A person receives recognition from Best Lawyers for his or her talent in the legal industry within specific practice areas, and all recognition…
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Sader Law Firm Managing Member Neil Sader provides insight on commercial bankruptcy uptick in interview with Kansas City Business Journal

The Kansas City Business Journal recently published an article on the factors leading to the uptick in commercial bankruptcy filings. Sader Law Firm Managing Member Neil Sader spoke to a reporter for the article titled “What you need to know as commercial Chapter 11 filings jump.” Sader noted the number of loans, specifically SBA loans, during and post-pandemic as one of the main causes. “As those business loans mature and come due, they can’t get refinanced for anywhere near what the old rates were,” Sader said in part. “So people are looking at whether they can extend their loan at the current rates. Bankruptcy can play a part in that.” Sader also advocated for preparedness for business leaders and taking a proactive approach to early signals of financial distress. “The biggest regret I hear from clients when it comes to bankruptcy is that they didn’t do it sooner,” Sader said….
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McCormack Shares Bankruptcy Legal Insights With The Guardian

The Guardian, a global news publication, recently sought out Sader Law Firm Member Bradley McCormack and his expertise in bankruptcy law for an article that dove into recent bankruptcy matters related to Alex Jones. A public figure and Infowars show host, Jones filed for bankruptcy in July after being ordered by a Connecticut court to pay nearly $1.5 billion in damages to the families of the victims of the 2012 Sandy Hook elementary school mass shooting for broadcasting lies about the incident. The parent company of Infowars, Free Speech Systems, also recently filed for bankruptcy. McCormack, who is not advising Jones, noted to The Guardian that filing for bankruptcy means that Jones is required to provide detailed financial information to the U.S. Trustee’s Office, and he’ll need to disclose the businesses he owns, as well as be questioned about his finances under oath by the Sandy Hook families and the…
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