Reaffirmation Agreements Under BAPCPA and Potential Liability of Bankruptcy Attorneys
Reaffirmation Agreements Under BAPCPA and Potential Liability of Bankruptcy Attorneys By Devin L. Palmer, Esq. Tuesday January 31, 2006 The Daily Record As many already know, the Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) made numerous changes to the process in which a debtor agrees with a creditor to reaffirm his debts. Reaffirmation is […]
A Rabbit Out of the Hat – Did the NY Court of Appeals Pull Out a New Rabbit for LLC Members or Just Use an Old Hat
By James E. Metzler, Partner Boylan Code, LLP In a recent decision, Tsolis v. Wolff, 2008 WL 382345, a divided (4-3) New York Court of Appeals held that members of a limited liability company (LLC) may bring derivative suits on the LLC’s behalf, even though there is no provision governing such suits in the Limited […]
