The Ninth Circuit Bankruptcy Appellate Panel holds that a discharge injunction does not bar an alter ego claim against a non-debtor where, under applicable law, the result of an alter ego finding is ...

The U.S. Court of Appeals for the Eleventh Circuit recently held that a corporate debtor’s S corporation election is not property of the ...

Tenancy by the entireties (known as TBE) is a form of property where husband and wife own property jointly, but on the death of one the entire interest automatically passes to the other (called the ...

A debtor or borrower is a person or organization that borrows money from a financial institution, usually tied to a loan or credit card. The Fair Debt Collection Practices Act protects debtors from ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

If a court grants you, as a creditor, a judgment in a contested debt case, then the debtor is legally obligated to repay the debt under court order. If debtors do not make good on their obligation, a ...

In 2002, the U.S. Securities & Exchange Commission (SEC) was awarded a Final Judgment against Keith Greenberg in the amount of $5.9 million. According to the SEC's press release: Greenberg was a ...

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Although the Bankruptcy Act provides some benefits to the stakeholders, the Act suffers from several loopholes. For example, the Act failed to address corporate body and cross-border bankruptcy issues ...