Post-Bankruptcy Transfers: An Old Problem in Need of a New Solution
Date
1968
Authors
Bateman, Hal M.
Journal Title
Journal ISSN
Volume Title
Publisher
Cornell Law Review
Abstract
In a perfect world, a notice of bankruptcy would reach each creditor instantaneously and prevent any further disposition of the debtor’s assets. Unfortunately, we do not live in a perfect world and instead Congress has enacted sections 70a, 70d, and 21g of the Bankruptcy Act. In this article, Professor Bateman evaluates the intended and unintended consequences of these sections and provides a solution to fix the problems of a well-intended statute.
Description
Keywords
Bankruptcy Act, Notice of bankruptcy
Citation
53 Cornell L. Rev. 280