United States Bankruptcy Court for the Southern District of New York Holds That Avoidance Powers Can Be Applied Extraterritorially, Resulting in a Split Within the Southern District of New YorkFredric SosnickDouglas P. BartnerJoel MossSolomon J. NohNed S. Schodek
Bankruptcy case study debates. Microeconomics and the use of artificial intelligence. Trump’s administration and economic expectations. Debates on an uneven income. Economic policies between the different states. Debates on inequality between men and women. ...
Betel Nut, Coconuts/Copra, Chocolate, Strawberries, Coffee, Apples, Spam and Fish in Papua New Guinea: From Ancient Farming, Highly Bred Species and Sustainability Concepts over Diseases and DNA into Global Market Repercussions and Wholesale (Environmental) Bankruptcy. In: Globalization and papua new...
Finally, we need an appreciation of our history. The United States pioneered the separation of church and state and, as I mentioned at the beginning of this column, we did it mainly to free people from church taxes. The experiment was perhaps too successfu...
But what about access to bankruptcy? If one needs to declare bankruptcy, it stands to reason that one might not be able to afford a lawyer. Although bankruptcy may not be the first thing that comes to mind when thinking of access to justice, it did occur to an upstart 501(c)(3) nonp...
Investors can look for companies with a viable reorganization plan that addresses core issues and reduces operational costs. Companies that declare bankruptcy due to external factors, such as economic downturns or temporary industry disruptions, rather than poor management or unsustainable business models,...
debts more manageable, such as reducing the interest rates, canceling some portion of the debt, or giving you longer to repay. Debt relief often works to the creditor’s advantage as well, as they are likely to get more money out of the arrangement than if you were to declare bankruptcy....
And in the world of lending it’s a lot more personal, if you will, that by which if it doesn’t work, what are you going to do about it? It’s the I have to declare personal bankruptcy, and I still owe you money. And the only answer, of course, is go deal with that. ...
The fatal flaw in this argument is that during the horrific economic climate that existed at the time, it has been clearly documented that there did not exist asingleinvestor able to step in and bail out Detroit. As a consequence, bankruptcy would have been Chapter 7, not Chapter 11, with...
In the case of company liquidation, what is the order of payout to creditors, investors, founders, etc.? If I have a great credit score (800+) could I get a bunch of credit cards, max them all out, and then just declare bankruptcy and never ...