| | When a products defendant files for bankruptcy; timely action can protect your client.: An article from: Trial |  | Author: Kevin T. Keating
Brand: The Gale Group
Category: Book
Buy New: $5.95
Format: Html
Media: Digital
Pages: 12
ASIN: B00092V5LM
Publication Date: August 1, 1994
Availability: Available for download now
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Product Description
This digital document is an article from Trial, published by Association of Trial Lawyers of America on August 1, 1994. The length of the article is 3533 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Plaintiffs' attorneys in products liability suits in which the defendant is filing for bankruptcy must take certain steps to preserve clients' claims. Timely filing of a proof of claim is the most important. The debtor then has the burden to file an objection, which must be served on the plaintiff. The automatic stay which goes into effect with a bankruptcy filing applies only to the debtor, not any other defendants in the suit, and can be modified if the debtor holds liability insurance covering the product claim. Creditor approval of a reorganization plan and payment procedures are covered.
Citation Details
Title: When a products defendant files for bankruptcy; timely action can protect your client.
Author: Kevin T. Keating
Publication: Trial (Magazine/Journal)
Date: August 1, 1994
Publisher: Association of Trial Lawyers of America
Volume: 30 Issue: n8 Page: 56(5)
Distributed by Thomson Gale
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