Supreme Court: “Actual Fraud” Exception to Discharge Is Not Limited to Cases in Which the Debtor Has Made a False Representation to the Creditor
A principal purpose of the Bankruptcy Code is to provide a fresh start to an “honest but unfortunate debtor.” Under certain circumstances, a creditor may ask the bankruptcy court to determine that a particular […]
Don’t Lose Your Shirt
Recently there have been a series of high profile retailer bankruptcies – Radio Shack, Haggen Stores and Quicksilver. These cases shine a light on a very difficult problem for commercial property owners. This problem […]
A Bankruptcy Horror Story
In the case of State Bank v. Covey (In re Duckworth), an opinion was issued in late 2014 by the United States Court of Appeals for the Seventh Circuit which voided a $1.1 million […]