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SunCal CEO's Bankruptcy Estate Sues the IRS Over Tax Bill

SunCal CEO's Bankruptcy Estate Sues the IRS Over Tax Bill
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Judgment Claim And Lien Securing It Were Properly Subordinated Under Section 510(b) Of The Bankruptcy Code - Insolvency/Bankruptcy

Section 510(b) of the Bankruptcy Code provides a mechanism designed to preserve the creditor/shareholder risk allocation paradigm by categorically subordinating claims asserted against a debtor.

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