Legal Notices In Bankruptcy: To Read Or Not To Read?

Law360, New York (April 19, 2013, 11:11 AM EDT) -- The typical business inbox — either print or digital — can overflow with all forms of business communications. Occasionally, a legal notice that may appear to be fairly benign can be of vital importance to you and your business. Legal notices, such as subpoenas, complaints or pleadings, can result in a loss of certain rights if ignored. And while they are important in all aspects of litigation, they are especially important in bankruptcy proceedings given the speed at which the legal proceedings can move, finality of decisions, and the parties that those decisions might affect. Unlike traditional litigation, you do not need to be a party or a litigant to have your rights affected....

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