Divided appeals court says state claims are in keeping with federal law's goal of giving debtors "a fresh start." The U.S. Bankruptcy Code does not preempt a bankrupt debtor's state-law claims of ...
The volume of bankruptcy filings has been climbing, particularly among small businesses. But analysts note that the numbers ...
If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...
A seat at the table: this is what you likely want when your financial interests are drawn into a bankruptcy court proceeding. You’ll seek to be heard and do what you can to maximize your recovery.
Prior to the enactment of the Bankruptcy Code in 1978, courts generally determined that a debtor's obligations to pay interest stop accruing as of the petition date. Section 502 (b) (2) of the ...
The U.S. Bankruptcy Code (the “Code”) § 11 U.S.C. § 362(a)(1) provides that when a party files for bankruptcy, an automatic stay is triggered. However, it turns out that there are limitations to the ...
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