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Staying on the sidelines – Fifth Circuit ruling protects secured creditors who opt not to participate in bankruptcy proceedings

USA - October 12 2013 Can a secured creditor decide not to participate in a bankruptcy proceeding and thereby avoid any impact the bankruptcy may have on its lien…

Protecting the ordinary course of business defense

USA - July 15 2011 Imagine a scenario in which you have a long standing relationship with an important customer and you learn that this customer is running into financial difficulties.