Entries tagged “federal courts”
Insights on Zachary vs. California Bank & Trust Case published in Journal of Bankruptcy Law
insights June 1, 2016
Published in this issue of Pratt’s Journal of Bankruptcy Law, Pamela Egan discusses a significant decision by the U.S. Court of Appeals for the Ninth Circuit holding that the Bankruptcy Abuse Prevention and Consumer Protection Act did not abrogate the absolute priority rule for individual chapter 11 debtors, but merely carved an exception. The Ninth Gets It Right—Absolute…