When a traditional nonbanking company files a case under the Bankruptcy Code, a judge is appointed to be the neutral arbiter of disputes that arise between the debtor and its creditors.
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Introduction
USA, Banking, Insolvency & Restructuring, Reed Smith LLP, Foreign direct investment, Consumer protection, Unsecured debt, Liquidation, Judicial review, Federal Deposit Insurance Corporation (USA), Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA), Title 11 of the US Code, Federal Deposit Insurance Act 1950 (USA), US Secretary of the Treasury