Purchasers of bankruptcy claims beware: "disabilities" of purchased claims could limit your recovery

Recently, a Delaware bankruptcy court denied a purchaser of claims its recovery because of judgments against the original holders of the claims from whom the claims were purchased. The case,In re KB Toys, Inc., et al., 470 B.R. 331 (Bankr. D. Del.

Filed under:
USA, Delaware, Insolvency & Restructuring, Litigation, Blank Rome LLP, Bankruptcy, Enron, United States bankruptcy court
Authors:
Josef W. Mintz
Location:
USA
Firm:
Blank Rome LLP