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The Fourth Circuit weighs in on third-party releases in plans of reorganization

USA - August 28 2014 Section 524 of the United States Bankruptcy Code (the Code) describes the effect of a discharge of a debtor, and in section 524(e), provides that a...

Reviewing letters of credit as security for leases in bankruptcy: do you receive what you expect?

USA - March 27 2014 Under section 502(b)(6) of the United States Bankruptcy Code, a landlord's claim for damages under a lease rejected during the bankruptcy proceeding...

The absolute priority rule in individual Chapter 11 cases - The Eastern District of Wisconsin offers guidance

USA - November 4 2013 The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) is the most recent significant amendment to the United States...

New case may present planning opportunities for financially troubled Qsubs

USA - August 29 2013 S corporation (S corp) bankruptcies frequently result in an unfunded tax liability for the shareholders. To avoid this result, shareholders have...

Lucien A. Beaudry, Michael G. Goller.

One method to protect your secured position in bankruptcy - don't participate

USA - August 26 2013 In a recent decision, the Fifth Circuit Court of Appeals addressed the impact of a confirmed plan of reorganization upon a secured creditor that does...