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Bankruptcy

Jan. 19, 2013

Jurisdiction questions likely to plague bankruptcy courts

You've heard of the 100-year flood and the 20-year cicada cycle. The bankruptcy world is now experiencing the most recent onset of the 30-year bankruptcy jurisdiction crisis. By David M. Reeder


By David M. Reeder


You've heard of the 100-year flood and the 20-year cicada cycle. The bankruptcy world is now experiencing the most recent onset of the 30-year bankruptcy jurisdiction crisis.


This crisis affects the nation's busiest court system. Questions over its jurisdiction and power go to the very ability of the bankruptcy courts to carry out the business of the bankruptcy system.


The cycle started back in 1978 with the passag...

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