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July 2014 Archives

A "Kodak Moment" for Landlords & Tenants

A Kodak Moment for Landlords and Tenants By Wayne GreenwaldThe Eastman Kodak Company reorganization2 provided a "shot in the arm" for debtors and a shot at landlords to be reckoned with. In re Eastman Kodak Company, 495 B.R. 618 (Bankr S.D.N.Y. 2013) ("Kodak").

Inherited IRAs are Not Exempt from Creditors in Bankruptcy

Inherited IRAs are Not Exempt from Creditors in Bankruptcy By Wayne GreenwaldOn June 12, 2014, The United States Supreme Court determined that Bankruptcy Code § 522(b)(3)(C) does not exempt inherited Individual Retirement Accounts ("IRAs") from creditors' claims in individual bankruptcy cases. Clark v. Rameker, 134 S.Ct. 2242 (2014).

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