Judicial Estoppel In Bankruptcy And The Quandary Of The Undisclosed Cause Of Action
Collisions occur at the intersection of bankruptcy law and equity. Recently several courts have tried their hands at traffic control where bankruptcy law intersects with the equitable principle known as “judicial estoppel.” The results have been mixed and evidence the tension between the goals of protecting the integrity of the courts and returning value to […]
How Family Limited Partnerships Protect Family Assets
A Family Limited Partnership (“FLP”) may be recommended in many situations. Such a situation often arises when a person has contributed or intends to contribute assets to a family business and would like to incorporate a family member into the business while retaining a degree of control over the assets. One of benefits of using […]