Claims

Oversight of the Bankruptcy Code, Part 1: Confronting Abuses of the Chapter 11 System

The House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law held a hearing on July 28 titled, "Oversight of the Bankruptcy Code, Part 1: Confronting Abuses of the Chapter 11 System."

Witnesses

Prof. Douglas G. Baird

Chair, National Bankruptcy Conference; and Harry A. Bigelow Distinguished Service Professor of Law, University of Chicago Law School

 

Prof. Adam Levitin

Anne Fleming Research Professor and Professor of Law, Georgetown Law

 

Alexis Pleus

Founder, Executive Director, Board Ex Officio Chair, Truth Pharma

 

Tasha Schwikert Moser

Bronze Medal Olympic Gymnast, Attorney, and Sex Abuse Survivor

 

Prof. David A. Skeel, Jr.

S. Samuel Arsht Professor of Corporate Law, University of Pennsylvania Law School

 

The Honorable William Tong

Attorney General, The State of Connecticut

 

A Trustee Can’t Always Avoid and Preserve an Unrecorded Mortgage for the Estate

Here’s an example of how state law prevents bankruptcy law from being uniform throughout the U.S.
Court: 

In ‘Chapter 20,’ Discharged Mortgage Claim Resurrects as Unsecured, EDNY Judge Says

Judge Grossman didn’t abolish ‘chapter 20’ entirely. He required the debtor to treat the subordinate mortgage lender like all other unsecured creditors, even though the debtor’s personal liability to the lender had been discharged in the prior chapter 7 case.

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