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The law governing the process of bankruptcy and its implications on creditors and debtors.
enumerates a broad set of personal-property exemptions shielding certain retirement funds, portions of wages, trust income, specific personal effects and limited homestead value from execution to sati...
interact to shape who can seize or profit from a trophy office building like : a fee mortgage holder typically has strong foreclosure remedies, but where the building sits on a long-term ground lease ...
protects a troubled business by placing it under the bankruptcy court’s supervision, imposing an automatic stay against creditor collection, and allowing the debtor — usually the company’s existing ma...
Corporate owners were able to keep personal assets out of reach during Chapter 11 reorganizations mainly because the law treats corporations and many limited‑liability entities as separate legal perso...