A bedrock principle underlying chapter 11 of the Bankruptcy Code is that creditors, shareholders, and other stakeholders should be provided with adequate information to make an informed decision.
Despite the absence of any explicit directive in the Bankruptcy Code, it is well understood that a debtor must file a chapter 11 petition in good faith. The bankruptcy court can dismiss.
LATAM Airlines Group SA asked a New York bankruptcy judge Thursday to approve a $9.55 million settlement with two Florida businesses that would end a decadelong dispute and litigation pending in two countries over an aircraft seized by the Colombian tax and customs authority.
Rachel Uchitel s bankruptcy battle against Tiger Woods attorney rages on in court foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.