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ABI Journal

1112

Mass Tort Tidal Wave

Bankruptcy Code
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Ninth Circuit Describes the Pleading and Proof for Converting from ‘11’ to ‘7’

With the statute silent, the Ninth Circuit makes rules for assets that go to the chapter 7 estate on conversion from chapter 11.

Mass-Tort Cases: Recurring Issues

Bankruptcy Code
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A Receiver May Move to Dismiss an Involuntary Petition, but May Not Answer

Surprisingly, there is little authority on whether or how a receiver may respond to the filing of an involuntary petition.