Archive for August, 2013:

Bankruptcy Recharacterization

The 9th Circuit recently decided In re Fitness Holdings, Intern., Inc., 714 F.3d 1141.  The case stands for the conclusion that bankruptcy courts can recharacterize a claim from debt to an equity interest for purposes of the Bankruptcy Code Section 548.  This has important implications for possible fraudulent transfers and in turn determining a debt […]

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