The Bombay High Court has criticized loan defaulters for abusing the Insolvency and Bankruptcy Code (IBC) to halt creditor actions, harming the economy. Judge noted the tactic undermines the IBC's ...
Chapter 15 of the U.S. Bankruptcy Code, designed to provide an efficient, coordinated framework for handling cross-border insolvency cases, is a ...
One of the real competitive advantages that the U.S. has over other countries is our Bankruptcy Code. While the Bankruptcy Code can sometimes be abused, those instances are rare and ...
Bankruptcy law provides special treatment for landlord claims arising from termination of a lease, using a calculation set forth in Section 502(b)(6) of the Bankruptcy Code. The starting point for the ...
Many institutions responsible for child sexual abuse have learned how to weaponize these legal tools to shield themselves ...
In its decision, the court maintained that the equitable powers of bankruptcy courts were sufficiently broad to subordinate a claim (even a claim that arose under 502(h)) on equitable grounds under ...
The Bill seeks to make limited modifications to the proposals by the Baijayant Panda-led Parliamentary select committee, which examined the previous version.