This Guide has been prepared by the Financial Restructuring Group of Stroock & Stroock & Lavan LLP, as a reference guide to the Bankruptcy Reform Act of 1978, 11 U.S.C. § 101 et seq., which is commonly referred to as the Bankruptcy Code. The firm hopes that it has accomplished its objective of providing a useful reference tool for lawyers not experienced in bankruptcy practice, as well as non-lawyers forced to deal in the complex area of bankruptcy cases.
Although great care has been taken to assure the accuracy and completeness of the material contained in this guide, it is intended as a general reference guide only and does not purport to render legal or other professional advice. Additionally, this guide does not address every provision of the Bankruptcy Code and Bankruptcy Rules or every issue that might arise in a bankruptcy case; instead, the guide is limited to those material provisions that we believe are most relevant to our readers. When legal advice or other expert assistance is required, the reader should seek the services of a competent professional.
Please see full Insight below for more information.