 Article
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Real Estate Interests and the New Bankruptcy Legislation |
April 25, 2006
Previously published on 5/18/2005
On April 20, 2005, President Bush signed into law significant amendments to the U.S. Bankruptcy Code made by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. Most of these provisions become effective eighteen months after the date of enactment. In the interim, there is a lot to learn because the revisions are substantial and far-reaching. One point is immediately clear¿landlords and real estate lenders are big winners.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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