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ABI Journal

1018

On a Split, First Circuit Holds that Deadlines to Join Involuntary Petitions Are Permissible

Changing the rule under the former Bankruptcy Act, the Code and Federal Rule 24 now allow bankruptcy courts to impose deadlines for creditors to join involuntary petitions.

Involuntary Bankruptcies

Bankruptcy Code

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A Motion to Dismiss an Involuntary Petition Only Postpones Filing a Creditor List

Ninth Circuit BAP balances the need for quickly dealing with an involuntary petition against the petitioners’ right to discovery and a list of creditors.