The $2.3 trillion Consolidated Appropriations Act of 2021 brought relief to many people and businesses struggling due to the COVID-19 pandemic when the act became effective on December 27, 2020. The relief provided under the...more
In a prior post, we discussed the In re Fulton case — in which the Seventh Circuit Court of Appeals ruled that creditors that seize debtors’ property prior to the debtor filing bankruptcy are required to return the property...more
DeFi or “decentralized finance” is an emerging branch of the cryptocurrency and blockchain movement that attempts to use smart contracts and blockchains to provide financial services typically only available from centralized...more
6/25/2020
/ Bankruptcy Code ,
Bankruptcy Court ,
Blockchain ,
Commercial Bankruptcy ,
Cryptocurrency ,
Digital Currency ,
Fiduciary Duty ,
Financial Services Industry ,
Insolvency ,
Smart Contracts ,
Transfer of Assets
Most experienced creditors know that once a debtor files bankruptcy the automatic stay imposed by Section 362 of the Bankruptcy Code generally precludes various actions to recover debt. ...more