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Articles

Article by Joseph Coleman published in The Credit and Financial Management Review

ABSTRACT: When a creditor is faced with defending preferential transfer actions in a bankruptcy case, one of the least understood, and therefore least used, defenses is the so-called "ordinary business terms" defense described in Bankruptcy Code section […]

EPA Adopts New AAI Standard

In a final rule published on December 30, 2013, and effective immediately, the U.S. Environmental Protection Agency (EPA) has adopted a new standard for conducting All Appropriate Inquiries (AAI). The EPA's action impacts private and public parties who […]

Bruce M. Flowers

Dram Shop Liability in Texas: The "Safe Harbor" Defense Explained

The Texas Dram Shop Act became law in 1987.  Before its enactment, Texas law did not impose liability on sellers of alcohol who "over-served" intoxicated patrons.  In passing the Dram Shop Act, the Legislature provided the exclusive remedy for liability […]

Michael A. Logan

Bankruptcy: New Fee Guidelines

Under 11 U.S.C. §330, attorneys seeking to be paid from a debtor's estate must file fee applications with the bankruptcy court. Additionally, many bankruptcy courts have enacted local rules and guidelines with respect to fee applications. The Office […]

Join KRCL for a Free Seminar on Choosing the Right RE Loan

The presentation will focus on the advantages, disadvantages and hurdles in using either lending source. We will focus on new developments in both sources of financing arising from the recent down cycle. In particular, the presentation will identify […]

Managing the Meltdown

KRCL Director Joseph M. Coleman presented Managing the Meltdown: An Examination of Creditors' Bankruptcy Strategies to MEMA Financial Services Group, Inc., at the MFSG 2013 Educational Seminar in Detroit September 18.