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19
June
2012

Court Considers Chapter 7 Trustee's Ability to Sell LLC Property in Sole Members Bankruptcy

A bankruptcy trustee has the right to liquidate any property of a Chapter 7 Debtor subject to claimed exemptions and liens. Does this right extend to a membership interest in an LLC where the sole member files bankruptcy? The Bankruptcy Court for the Western District of Michigan addressed this issue recently in In re Hopkins, Bankr. W.D. Mich. (Feb. 2, 2012).

Written by: Michael I. Conlon

01
November
2010

Freeware Corner: The best, most useful or just plain fun freeware on the ‘net!

If you're like me, your computer monitor is littered with various colors of those ubiquitous "sticky" notes, reminding you of all sorts of important "to do's" and deadlines you just cannot afford to miss, whether business or personal. And, if you're like me, those little rascals keep trying to abandon ship and wind up on your desk, floor, or even under your palms as you type. What a mess!

Written by: Alan J. Couture

01
September
2010

Tech Tidbit: Bitly

Sometimes, cutting and pasting a web address link from your browser to your word processing document just takes up too much space in your document and looks cumbersome; some internet articles or web sites you want to cite to can have extremely long and complicated web addresses/URLs.

Written by: Alan J. Couture

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  • Court Considers Chapter 7 Trustee's Ability to Sell LLC Property in Sole Members Bankruptcy

    Michael I. Conlon

    A bankruptcy trustee has the right to liquidate any property of a Chapter 7 Debtor subject to claimed exemptions and liens. Does this right extend to a membership interest in an LLC where the sole member files bankruptcy? The Bankruptcy Court for the Western District of Michigan addressed this issue recently in In re Hopkins, Bankr. W.D. Mich. (Feb. 2, 2012).

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