Under Section 502 (e) (1) (B), a claim must be disallowed if (1) it is for “reimbursement or contribution,” (2) the claimant “is liable with” the debtor on a creditor’s claim, and (3) the claim is ...
Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.
U.S. Bankruptcy and appellate courts have long wrangled over whether the provisions of the Bankruptcy Code apply extraterritorially to permit, for example, enforcement of the automatic stay to ...
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Prior to the enactment of the Bankruptcy Code in 1978, courts generally determined that a debtor's obligations to pay interest stop accruing as of the petition date. Section 502 (b) (2) of the ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
A US court’s recognition of Cannabist Co.'s Canadian insolvency proceedings is outlining a path for cannabis companies with a ...
Senator Warren and Congressman Nadler have introduced the Consumer Bankruptcy Reform Act (CBRA) which portends to be the biggest change to the U.S. Bankruptcy Code since the Bankruptcy Abuse Prevent ...