Divided appeals court says state claims are in keeping with federal law's goal of giving debtors "a fresh start." The U.S. Bankruptcy Code does not preempt a bankrupt debtor's state-law claims of ...

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...

In Feltman v. Noor Staffing Grp., LLC (In re Corp. Res. Servs. Inc.), 564 B.R. 196 (Bankr. S.D.N.Y. 2017), the bankruptcy court considered whether section 553 of the Bankruptcy Code creates a right of ...

The U.S. Bankruptcy Code (the “Code”) § 11 U.S.C. § 362(a)(1) provides that when a party files for bankruptcy, an automatic stay is triggered. However, it turns out that there are limitations to the ...

Lourdes University has filed for Chapter 11 bankruptcy protection to manage its closure amid financial struggles, according to the university's trustees.

Prior to the enactment of the Bankruptcy Code in 1978, courts generally determined that a debtor's obligations to pay interest stop accruing as of the petition date. Section 502 (b) (2) of the ...