Benchnotes Mar 2013
Journal Issue:
Chapter 12 Eligibility Requirements Construed Liberally in Favor of the Debtor
Unfiled claims aren’t included in calculation of total debt for chapter 12 eligibility.
Continuing to Farm Is Not Prerequisite for Relief in Chapter 12
Judge prescribes loose standards for eligibility as a family farmer.
Lawyers Beware: Fees Can’t Be Paid from PACA Trust Funds
Fifth Circuit agrees with Second Circuit on sanctity of PACA trust funds.
Court:
Agriprocessors and the Impact of Cases of Fraudulent, Criminal and Unethical Business Practices on Bankruptcy Litigation
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