| Blueberry season is underway in New Jersey. Pick your own, or attend a festival. On the Lighter Side Philadelphia chef Christina Martinez of South Philly Barbacoa won the James Beard Award for Best Chef, Mid-Atlantic. July is National Picnic Month. Have a Philadelphia picnic with one of these great hoagies, and a few bags of Herr’s three finalists for Philly-inspired chip flavors. (You can vote for the winning flavor until August 5.) July is full of celebrations. It’s National Grilling Month, as well as National Ice Cream Month. Put a decent steak on the grill, but save some room for dessert. Krispy Cream has introduced a new product–glazed donut ice cream. Will a fish by any other name be more appetizing? That may depend on whether you are more likely to try carp or copi. Will your business be surprised by unexpected change? Too many changes can unsettle even the most stable businesses. After 90 years, iconic beauty brand Revlon has filed for Chapter 11 bankruptcy. Many factors contributed to the company’s troubles, from celebrity competition to supply chain problems. While a buy-out may be the solution, there is work that needs to be done immediately to ensure the business is prepared for the holiday season. If you need to understand how to work with all the issues facing your company, and develop a plan for how best to move forward, Asterion can help. FYI On June 21, 2022, the Bankruptcy Threshold Adjustment and Technical Corrections Act was signed into law. The Act includes a two-year extension of the CARES Act increase in the debt limit for small business bankruptcies. Trends We’re Watching The impact of sports betting ads is growing, and the results aren’t always positive. What’s Puzzling Us Would $2,000 be enough money to volunteer for a roach infestation in your home? More than 2,500 people said yes. What Doesn’t Surprise Us At All An investment opportunity involving rare wines and liquors turned out to be a scam. Thread Recommendations The last New York Red Bird subway car is up for auction. A new dinosaur sculpture with Lenni Lenape beadwork has been installed at the Philadelphia Navy Yard. The Jersey Shore is home to several wineries you may want to visit. Spotlight on Bankruptcy Services Asterion, Inc. has extensive experience providing consulting services to parties in interest in bankruptcy proceedings. |
June 28, 2022