Irving E. Walker has been named Baltimore's "Lawyer of the Year" in the area of bankruptcy and creditor debtor rights/insolvency and reorganization by Best Lawyers for the second year in a row.Read More »
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 ...Read More »
Bankruptcy Law Disposable income BOTTOM LINE: When a bankruptcy court calculates a debtor’s projected disposable income, the court may account for changes in the debtor’s income or expenses that are known or virtually certain at the time of confirmation, and ...Read More »
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 ...Read More »
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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Bankruptcy Law Repossession BOTTOM LINE: 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 govern ...Read More »