Preventing Securities Law Violators from Discharging their Debts in Bankruptcy
The following article appeared in the April 15, 2011 issue of Michigan’s Lawyers Weekly. Although 11 U.S.C. § 523(a)(19) is not new, it may be underutilized. The subsection was added to the Bankruptcy Code almost a decade ago as part of the Sarbanes-Oxley Act and was designed to make it easier to prevent the discharge … Continue reading Preventing Securities Law Violators from Discharging their Debts in Bankruptcy