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Bankruptcy Issues

New Decision Provides Support for Taxpayers Hoping to Discharge Tax Debt in Bankruptcy

September 2014 saw the United States Court of Appeals for the Ninth Circuit making a landmark decision – one strongly in favor of debtors who are hoping to receive relief by the discharge of tax debt in bankruptcy. The decision was made in relation to Hawkins v. Franchise Tax Board …

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Bankruptcy Law

The Proposed Bankruptcy Fairness and Employee Benefits Protection Act of 2014: Restrictions on Employers in Bankruptcy

Legislation that was recently introduced in the Senate called the Proposed Bankruptcy Fairness and Employee Benefits Protection Act of 2014 would limit the abilities of corporations who are in the midst of bankruptcy to alter the pay rate or benefits that is provided to employees and/or retirees of the company. …

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