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Full-Text Articles in Law

Identifying The Honest Debtor: Section 727(A)(4)(A) Of The Bankruptcy Code And The Need For Consistency In Denial Of Discharge Proceedings, Andrew F. Emerson Feb 2015

Identifying The Honest Debtor: Section 727(A)(4)(A) Of The Bankruptcy Code And The Need For Consistency In Denial Of Discharge Proceedings, Andrew F. Emerson

Andrew Emerson

No abstract provided.


Identifying The Honest Debtor: Section 727(A)(4)(A) Of The Bankruptcy Code And The Need For Consistency In Denial Of Discharge Proceedings, Andrew F. Emerson Feb 2015

Identifying The Honest Debtor: Section 727(A)(4)(A) Of The Bankruptcy Code And The Need For Consistency In Denial Of Discharge Proceedings, Andrew F. Emerson

Andrew Emerson

No abstract provided.


Liquidity, Systemic Risk, And The Bankruptcy Treatment Of Financial Contracts, Riz Mokal Dec 2014

Liquidity, Systemic Risk, And The Bankruptcy Treatment Of Financial Contracts, Riz Mokal

Riz Mokal

Parties to repos, and to swaps and other derivatives are accorded privileged treatment under the bankruptcy laws of several dozen countries. Several key international “best practice” standards urge legislators in other jurisdictions to provide likewise. The beneficiaries of these privileges are solvent counterparties enabled, unimpeded by bankruptcy moratoria, to implement close-out netting arrangements and to dispose of collateral. The purported rationale is mitigation of systemic risk.
Taking a broad international perspective, this Article explores the “domino” contagion view of distress that motivates the privileges. This view derives from the outdated “microprudential” understanding of systemic risk, and is theoretically flawed and …


Guaranteed To Work Or It's Free!: The Evolution Of Student Loan Discharge In Bankruptcy And The Ninth Circuit's Ruling In Hedlund V. Educational Resources Institute, Inc., Richard B. Keeton Dec 2014

Guaranteed To Work Or It's Free!: The Evolution Of Student Loan Discharge In Bankruptcy And The Ninth Circuit's Ruling In Hedlund V. Educational Resources Institute, Inc., Richard B. Keeton

Richard B. Keeton, Esq.

This article explores the topic of student loan discharge in bankruptcy and also discusses what precedent the Ninth Circuit's holding in Hedlund v. Educational Resources Institute Inc. sets for the future. In order to rationally analyze the effect of Hedlund, this article sets forth the basic foundation of knowledge necessary to understand student loans in general along with the bankruptcy process when educational loans are in question. Additionally, it gives a brief, easy to understand history of federal student loans, which sets the context for analyzing today’s student loan options. Further, this article discusses the evolution of tests for …


A Racionalidade Econômica Do Direito Falimentar: Reflexões Sobre O Caso Brasileiro, Bruno Meyerhof Salama, Fabio Crocco Dec 2014

A Racionalidade Econômica Do Direito Falimentar: Reflexões Sobre O Caso Brasileiro, Bruno Meyerhof Salama, Fabio Crocco

Bruno Meyerhof Salama

Muito se pode aprimorar a aplicação do direito falimentar quando se conhece a lógica econômica de suas regras e princípios. Esse texto examina separadamente a racionalidade econômica de quatro aspectos centrais da LRF, a saber: (i) o princípio da universalidade da falência, (ii) o conceito de insolvência empresarial como predominantemente ligado à falta de caixa (e não à existência de déficit patrimonial), (iii) a responsabilização de sócios e administradores pelo agravamento de crises econômico-financeiras de empresas, e (iv) o processo de realização do ativo de empresas insolventes.