What You Need to Know for Your Bankruptcy First Meeting of Creditors
You and your bankruptcy attorney will attend a First Meeting of Creditors, also known as a 341 Meeting. The Meeting is required by 11 U.S.C.
Bankruptcy Attorney’s Fee Award
The Ninth Circuit adopted the Second Circuit’s standard for awarding attorney’s fees. Under this standard, an attorney’s services need not actually benefit the estate, but
May A Bankruptcy Attorney Advise A Client to Incur Debt Prior to Filing Bankruptcy?
Under Section 526 of the Bankruptcy Code, a debt relief agency cannot advise a client to incur more debt “in contemplation of bankruptcy.” The Supreme
Bankruptcy Attorney Must Understand the Business Judgment Rule
It is improper for a Bankruptcy attorney to engage in a 20-20 hindsight analysis when trying to find liability for a company officer’s actions. The
Ninth Circuit Decision in Sternberg v. Johnston
The Ninth Circuit’s decision in Sternberg v. Johnston has often been criticized. The panel reached its controversial conclusion by straying far from the actual briefing
Improper Post-Petition Actions cannot be Imputed to the Bankruptcy Estate
Any alleged improper post-petition actions and knowledge of the trustee, or debtor-in-possession, cannot be imputed to the bankruptcy estate. The issue of imputed post-petition acts
