Even solvent companies can find themselves in bankruptcy court and forced to return payments when a customer or vendor goes bankrupt. Here’s how to respond—and defend—when a trustee comes calling. As ...
Over one thousand creditors were “preferred” as Rite Aid ran up to its first bankruptcy filing in 2023. That is what the trustee appointed to liquidate Rite Aid’s assets is alleging in a tidal wave of ...
Whenever a farmer sells a crop to a purchaser of their product, they always need to be aware of what happens if that purchaser goes bankrupt. Any payments that the farmer receives within 90 days of ...
US bankruptcy law is designed to promote and reconcile two core policy objectives: providing relief to financially distressed debtors and ensuring the equitable treatment of creditors vis-à-vis the ...
With the U.S. Court of Appeals for the Third Circuit's holding in Friedman's Liquidating Trust v. Roth Staffing (In re Friedman's), 738 F.3d 547 (3d. Cir. 2013), it became settled law in the Third ...
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