The United States Bankruptcy Code contains a special bankruptcy chapter for family farmers with regular income. Chapter 12 of the Bankruptcy Code allows family farmers to reorganize in a preferred way. For example, a family...more
Both the Federal Rules of Civil Procedure and the Indiana Trial Rules contain a provision which permits a court to dismiss an action for failure to prosecute the action or failure to abide by court orders. When a party files...more
With the adoption of the Patriot Act in 2001, many of us became familiar with the concept of “knowing your customer.” Among other things, the Patriot Act required United States financial institutions to create and adhere to...more
Indiana prohibits the use of confessions of judgment and cognovits notes. The Indiana Code defines a cognovit note as “a negotiable instrument or other written contract to pay money that contains a provision or stipulation …...more
In the 1980s, President Ronald Reagan introduced the American population to the concept of “trust, but verify.” President Reagan was actually quoting an old Russian proverb, useful during his negotiations with Mikhail...more