Bankruptcy Code Doesn't Cover Pot Business, 10th Circ. Says

By Jonathan Randles (August 24, 2015, 4:37 PM EDT) -- Colorado residents who own and operate marijuana dispensaries are not entitled to the relief afforded debtors under the U.S. Bankruptcy Code because while growing and selling marijuana is legal in the state, the business remains illegal under federal law, a Tenth Circuit panel ruled Friday....

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