Are tax-deferred retirement accounts that are not ERISA-qualified in jeopardy in a Chapter 7 bankruptcy?
I recently had an email exchange with a fellow bankruptcy attorney who was a little confused about something called the § 1111(b) election in a Chapter 11 bankruptcy. Her confusion was easy to understand because there are some interesting wrinkles in the statutory language that are worth exploring. Before we get into the somewhat arcane… Continue Reading
If you’ve been following the news from Wall Street, you might assume that the economy is finally improving. For example, in the July 11, 2013 issue of The Wall Street Journal’s Market Watch, Kate Gibson reported: U.S. stocks leapt Thursday, with the S&P 500 up for a sixth day and setting a record finish, after… Continue Reading