Bankruptcy Law News and Insights

Trademark licensing is a driving force in business relationships. One common example is where one business owns a trademark, which it licenses out to other companies who manufacture and sell the products bearing the mark. But, what happens if the trademark owner goes bankrupt? Bankruptcy law gives a debtor the...

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A bankruptcy case is usually commenced by the debtor, but the Bankruptcy Code permits creditors to seek to place a debtor into bankruptcy involuntarily, where certain statutory conditions are met. Recently, the bankruptcy court for the Southern District of New York rejected an attempt by certain creditors (the "Petitioning Creditors")...

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The West Virginia Consumer Credit and Protection Act ("WVCCPA") is a remedial statute designed to protect West Virginia consumers from improper debt collection. Only "consumers" have standing to file a lawsuit under the WVCCPA. The term "consumer" is defined as a natural person that owes a debt or allegedly owes...

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