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Find A Leading Bankruptcy Lawyer

Premier Bankruptcy Lawyers: your portal to the nation’s leading bankruptcy attorneys and practice area news

 In the United States, bankruptcy is governed by federal law, commonly referred to as the “Bankruptcy Code” (“Code”). The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact “uniform Laws on the subject of Bankruptcies throughout the United States”. Congress has exercised this authority several times since 1801, including through adoption of the Bankruptcy Reform Act of 1978, as amended, codified in Title 11 of the United States Code and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA).

Each year Premier Bankruptcy Lawyers (PBL) researches and recommends leading bankruptcy lawyers across the United States.  PBL lists only one attorney and firm in each city and inclusion to the guide is by invitation only.

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Imputation Of Agent’s Knowledge To Transferee In Bankruptcy Avoidance Litigation Defeats Good-Faith Defense

In situations where a bankruptcy court avoids a fraudulent transfer or similar transaction, subsequent transferees who received proceeds of the avoided transaction from the initial transferee can avoid liability in certain circumstances. Specifically, section 550(b)(1) of the Bankruptcy Code provides that the plaintiff in an avoidance action “may not recover” from a subsequent transferee who received proceeds of an avoided [...]

Spirit Airlines Headed For Liquidation? Unlikely

Scott Kirby, CEO of United Airlines, commented on Spirit Airlines’ plan of reorganization in the quote below. In short, Kirby appears to think that Spirit’s plan is a road to nowhere, except Chapter 7 liquidation. While he isn’t exactly an objective observer, he doesn’t appear to be wrong either, as Spirit’s demise will inure—at least partially—to United’s benefit in the [...]

Bankruptcy allows individuals, couples, and businesses that cannot meet their financial obligations to be excused from repaying some or all of their debt.  If you have questions regarding bankruptcy law contact one of our recommended attorneys today.