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Articles 1 - 12 of 12

Full-Text Articles in Law

The Continuing Puzzle Of Secured Debt, Alan Schwartz Oct 1984

The Continuing Puzzle Of Secured Debt, Alan Schwartz

Vanderbilt Law Review

In 1981, I wrote an article showing that no good answer had been given to the question why corporations issue some debt on a secured basis and other debt on an unsecured basis.' This showing had normative implications because claims that the institution of personal property security is efficient or otherwise desirable must be impeached if the actual purposes that security serves are unknown. Consequently, the law's favorable treatment of secured debt-for example, giving it first place in bankruptcy distributions--is without plausible support. My article did not advocate repealing the privileges attached to secured debt, however, because then--current knowledge also …


Exemption Of Erisa Benefits Under Section 522(B)(2)(A) Of The Bankruptcy Code, Michigan Law Review Oct 1984

Exemption Of Erisa Benefits Under Section 522(B)(2)(A) Of The Bankruptcy Code, Michigan Law Review

Michigan Law Review

This Note argues that the two federal statutes are exempting statutes under section 522(b)(2)(A), and thus BRISA funds should be exempt in a bankruptcy action when the debtor uses the state exemption scheme. Part I argues that standard principles of statutory interpretation, as applied to the language of the bankruptcy statute, refute the possibility that Congress intended the list of statutes in the legislative history to be exclusive. Having established that statutes other than those listed may be included under section 522(b )(2)(A), Part II first refutes the argument that the absence of BRISA from the list of exempting statutes …


Farm Lease In Bankruptcy: A Comprehensive Analysis, Margaret Rosso Grossman Jan 1984

Farm Lease In Bankruptcy: A Comprehensive Analysis, Margaret Rosso Grossman

Notre Dame Law Review

No abstract provided.


Report On Tax Aspects Of Farmers In Bankruptcy, Ralph T. Turner Jan 1984

Report On Tax Aspects Of Farmers In Bankruptcy, Ralph T. Turner

Akron Tax Journal

This article will deal only with the individual taxpayer who utilizes the bankruptcy court and not with the tax treatment of corporations and partnerships in bankruptcy. There are special rules for the tax treatment of these entities. This article will review the general principles of tax treatment of an individual whose indebtedness was discharged in bankruptcy under the prior law and under the Bankruptcy Tax Act of 1980. After this general review and comments on their application to farmers, a hypothetical fact situation will be reviewed and the handling of the tax returns for the individual and the bankruptcy estate …


Repurchase Agreements And The Bankruptcy Code: The Need For Legislative Action, Gary Walters Jan 1984

Repurchase Agreements And The Bankruptcy Code: The Need For Legislative Action, Gary Walters

Fordham Law Review

No abstract provided.


The Role Of Unions In The 1980s, Symposium, Chapter 11 Of The Bankruptcy Act And Collective Bargaining Agreements: The Rejection Of Collective Bargaining Agreements Under The Bankruptcy Code - An Abuse Or Proper Exercise Of The Congressional Bankruptcy Power, Harvey R. Miller Jan 1984

The Role Of Unions In The 1980s, Symposium, Chapter 11 Of The Bankruptcy Act And Collective Bargaining Agreements: The Rejection Of Collective Bargaining Agreements Under The Bankruptcy Code - An Abuse Or Proper Exercise Of The Congressional Bankruptcy Power, Harvey R. Miller

Fordham Law Review

No abstract provided.


Toward A Reform Of The Six-Year Bar To Discharge In Bankruptcy, David C. Williams Jan 1984

Toward A Reform Of The Six-Year Bar To Discharge In Bankruptcy, David C. Williams

Articles by Maurer Faculty

Since early in this century, the six-year bar to discharge has been a familiar feature of bankruptcy law: a debtor who has once been adjudicated a bankrupt and granted a discharge has traditionally been unable to obtain another discharge for six years afterwards. The continued vitality of the measure, originally applicable to all forms of bankruptcy available, is now uncertain and controversial under the new chapter proceedings. The confusion surrounding the six-year bar suggests the need for a fresh consideration of the purposes of the rule. This Note examines the bar's animating rationale and the status of the bar under …


The Role Of Unions In The 1980s, Symposium, Chapter 11 Of The Bankruptcy Act And Collective Bargaining Agreements: The Rejection Of Collective Bargaining Agreements Under The Bankruptcy Code - An Abuse Or Proper Exercise Of The Congressional Bankruptcy Power, Harvey R. Miller Jan 1984

The Role Of Unions In The 1980s, Symposium, Chapter 11 Of The Bankruptcy Act And Collective Bargaining Agreements: The Rejection Of Collective Bargaining Agreements Under The Bankruptcy Code - An Abuse Or Proper Exercise Of The Congressional Bankruptcy Power, Harvey R. Miller

Fordham Law Review

No abstract provided.


The Bildisco Case And The Congressional Response, James J. White Jan 1984

The Bildisco Case And The Congressional Response, James J. White

Articles

Section 365 of the Bankruptcy Reform Act authorizes one in bankruptcy to "assume or reject any executory contract ...of the debtor." The most frequent use of the section arises when a lessee goes into Chapter 11 and decides either to reject its real estate lease with its lessor or, if the lease is at a favorable rental rate, to assume it and assign it to another. A less frequent but more controversial use of section 365 is to reject one's collective bargaining agreement with his employees.


Efficiency Justifications For Personal Property Security, James J. White Jan 1984

Efficiency Justifications For Personal Property Security, James J. White

Articles

In February of 1983 Pan American World Airways issued 100 million dollars of convertible secured notes. As security for these notes it put up three Boeing 747 SP aircraft, two 747-100 aircraft, and one McDonnell Douglas DC10-30. The appraised value of these aircraft was 157 million dollars. To the extent possible under the law, Pan American made these aircraft subject to the claims of the owners of the new notes. On default, the note holders would have the first claim on these aircraft, would have the right to repossess them outside of bankruptcy, and would have the right to the …


United States Magistrates Hearing Civil Cases: The Constitutionality Of Rendering Final Judgments After Northern Pipeline Construction Co. V. Marathon Pipe Line Co., Neal T. Buethe Jan 1984

United States Magistrates Hearing Civil Cases: The Constitutionality Of Rendering Final Judgments After Northern Pipeline Construction Co. V. Marathon Pipe Line Co., Neal T. Buethe

Notre Dame Law Review

No abstract provided.


Over The Hill To The Poor House─The Failure Of Section 522 Bankruptcy Exemptions Under The Bankruptcy Reform Act Of 1978, Thomas J. Reed Dec 1983

Over The Hill To The Poor House─The Failure Of Section 522 Bankruptcy Exemptions Under The Bankruptcy Reform Act Of 1978, Thomas J. Reed

Thomas J Reed

No abstract provided.