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Expert Analysis

How The Bankruptcy Code Applies To LLCs

Law360, New York ( June 3, 2014, 10:16 AM EDT) -- In Redmond v. CJD & Associates LLC (In re Brooke Corp.), 506 B.R. 560 (Bankr. D. Kan. 2014), a preference defendant sought to amend its answer more than 21 months after the answer was filed to deny its "insider" status. The Chapter 7 trustee objected on the basis of undue delay, prejudice and futility....

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