Bankrupting Employment Class Action Claims

Law360, New York (February 27, 2012, 1:39 PM EST) -- A silver lining to the great recession for employers is that they may be able to knock the wind out of class actions where the proposed class representative has filed for a bankruptcy case and failed to disclose his or her pending wage-and-hour or other employment claims.

Bankruptcy Code Framework

The United States Constitution delegates to Congress the exclusive power to establish bankruptcy law. It has done so since the 1800s; the current law is known as the Bankruptcy Reform Act of 1978, as amended, commonly...
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UK Financial Services

UK Financial Services

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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.