May 09, 2018 | Law.com
How the New UST Fee Schedule Is a Ticking Tax-Bomb for Middle Market DebtorsAs of Jan. 1, 2018, each jointly administered debtor with quarterly disbursements of at least $1,000,000 must pay a fee of 1% of all disbursements, up to $250,000 per quarter. Although this change in the law was only intended to address shortfalls in UST funding, it has taken a little-noticed component of bankruptcy and magnified it into a ticking tax-bomb for unsuspecting debtors and their lenders.
By Jacob H. Marshall and Randall Klein
12 minute read
April 16, 2015 | Corporate Counsel
Will ABI Bankruptcy Reforms Destroy Cash Flow Lending?Recommendations by the American Bankruptcy Institute would penalize all potential borrowers for the benefit of the very small minority of those borrowers that will end up commencing a bankruptcy case.
By Randall Klein and Prisca Kim
11 minute read
April 16, 2015 | Corporate Counsel
Will ABI Bankruptcy Reforms Destroy Cash Flow Lending?Recommendations by the American Bankruptcy Institute would penalize all potential borrowers for the benefit of the very small minority of those borrowers that will end up commencing a bankruptcy case.
By Randall Klein and Prisca Kim
11 minute read
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