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Search Results (1) Documents on Litigation  | Tactical Delay of Bankruptcy Filing Backfires on Debtor's Principal
Paul A. Rubin, Adam D. Wolper; Herrick, Feinstein LLP;
Legal Alert/Article May 1, 2012, previously published on April 2012 A recent opinion from the United States Bankruptcy Court for the Western District of New York shows that even the best laid strategies can return to haunt the insiders of a debtor. In Wallach v. Buchheit (In re Northstar Development Corp.), the Court equitably subordinated most of the $3.2 million...
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