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Tag Archives: Bankruptcy Law

Opinions – 7/2/12: 4th U.S. Circuit Court of Appeals

Bankruptcy Law Absolute priority rule BOTTOM LINE: As matter of first impression, the absolute priority rule continues to apply to individual debtors in possession proceeding under Chapter 11 following the 2005 amendments to the Bankruptcy Code, codified by the Bankruptcy ...

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Opinions – 3/19/12: 4th U.S. Circuit Court of Appeals

Bankruptcy Law Class actions BOTTOM LINE: With regard to former employees’ attempted class action lawsuit for unpaid wages from corporation which filed petition for bankruptcy, district court did not abuse its discretion in concluding that bankruptcy process for handling creditor ...

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Law digest: 8/8/11

COURT OF APPEALS Bankruptcy Law, Repossession: A creditor may repossess a car when a debtor has filed bankruptcy and failed to reaffirm the indebtedness if the creditor elected Credit Grantor Closed End Credit Provisions of the Commercial Law Article to ...

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