Chapter 11 protection is designed to give an organization time to reorganize its finances to pay its debts but victims of clerical abuse feel frustrated by a lengthy and opaque process
Chapter 11 protection is designed to give an organization time to reorganize its finances to pay its debts but victims of clerical abuse feel frustrated by a lengthy and opaque process
Congress passed the operative texts without noticeable fanfare. From its enactment to today, section 363(k) has entitled a secured creditor to “credit bid” the full amount of the debt.
The statutory language is clear. As of a bankruptcy petition’s filing date, the automatic stay of section 362 constricts many a creditor and bars many an action. The broad scope of.
/PRNewswire/ Dechert LLP announced today the lateral acquisition of a top-tier restructuring team, consisting of partners Doug Mannal and Stephen Zide. They.