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 ...
A debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter 11 debtor-in-possession ("DIP") as a means of ...
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 ...