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You're Suing ME?! Adding Insult to Injury to Creditors of Bankrupt Debtors
Creditors, already stuck with bad receivables in bankruptcy cases are doubly outraged when they are then sued for a 'preference,' which is a certain kind of payment made on the eve of bankruptcy. Recent amendments to the Bankruptcy Code have substantially leveled the playing field.
Landlords Rejoice! The Bankruptcy Code Loves You
Certain changes in the bankruptcy laws, which were enacted 'under the radar screen' afford dramatic improvements in the rights of commercial landlords, at just the time when they might come in handiest, due to a slowing economy and softer real estate values.
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