If you are one of the lucky product manufacturers who weathered the recent economic downturn well and are looking to buy assets from those who did not survive…beware!
USA, Insolvency & Restructuring, Product Regulation & Liability, Frost Brown Todd LLP, Bankruptcy, Due process
The Indiana Court of Appeals ruled on an issue of first impression inGreen Tree Servicing, LLC v. Brough, 930 N.E.2d 1238 (Ind. Ct. App. 2010) that arbitration provisions in consumer loan agreements survive discharge in the borrower’s bankruptcy proceeding.
USA, Indiana, Arbitration & ADR, Banking, Insolvency & Restructuring, Litigation, Frost Brown Todd LLP, Bankruptcy, Credit (finance), Debtor, Waiver, Debt, Default (finance), Bankruptcy discharge, Fair Credit Reporting Act 1970 (USA), Ninth Circuit, Indiana Court of Appeals