Discover what makes a debtor nation. Learn how they function, their global financial role, and why the U.S. is a leading ...

The ability of a bankruptcy trustee or chapter 11 debtor-in-possession to sell assets of the bankruptcy estate "free and clear" of "any interest in property" asserted by a non-debtor is an important ...

The U.S. Bankruptcy Code provides that if a debtor makes an intentional fraudulent transfer within one year of the filing of bankruptcy petition, the debtor will be denied a discharge. Since the ...

For a debtor in financial distress, having the right team in place to steward the company through a restructuring can mean the difference between success and failure. To incentivize top talent to stay ...

In this modern world that we live in, consumers are protected and have certain rights when it comes to debt collection. The practices of debt collection agencies have to abide by rules through 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 ...

A beer wholesaler in Washington state, Crown LLC was owned 51% by a company called Crown Distributing Company of Everett, Inc. ("Crown of Everett") that itself was owned by Debtor. The other 49% was ...

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 ...

NCLAT Delhi held that amount advance to Corporate Debtor with view to share profit in real estate project doesn’t qualify as financial debt u/s. 5(8) of the Insolvency and Bankruptcy Code. Thus, ...