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SilvermanAcampora LLP negotiates settlement for unsecured creditors of AGT Crunch Acquisition LLC.

In September 2009, SilvermanAcampora LLP successfully negotiated a settlement for the unsecured creditors of AGT Crunch Fitness. The “Crunch” cases involve 22 separate debtors with over &80 million in annual sales and 1716 employees operating 37 fitness training clubs throughout the United States.

Ronald J. Friedman Appointed Receiver in Federal Copyright Infringement Action

Hon. Harold Baer, United States District Court for the Southern District of New York, has appointed Ronald J. Friedman, Esq., receiver in Arista Records LLC, et al. v. Usenet.com, et al., the Recording Industry Association of America’s multi-million dollar copyright infringement action against a popular “peer to peer”  file sharing network.  Having granted summary judgement against Usenet.com’s principal, Gerald Reynolds, Judge Baer appointed Mr. Friedman to marshal and liquidate all of Reynolds’ property for the benefit og the Recording Indusrty plaintiffs.