Attorneys General Support Bankruptcy Venue Reform Act of 2019
Washington, D.C. — The National Association of Attorneys General (NAAG) sent a letter to members of Congress voicing support of the Bankruptcy Venue Reform Act of 2019 (H.R. 4421). The legislation will prevent a corporation from filing for bankruptcy in a district that it believes would be more favorable on issues to the debtor’s advantage—a practice…
Read My Lips: No New Fees | Recognizing and Recovering “Tax” Claims in Bankruptcy Cases
While the U.S. Supreme Court and various circuit courts have tried to provide guidance on how best to determine whether a particular obligation owed to a government entity is a "tax," "fee," "penalty," or a simple contract debt, clarity on the subject remains lacking. This article aims to offer more clarity and ensure governments that find themselves in bankruptcy cases can avoid state losses.
- « Previous
- 1
- 2