Quiebras Capítulo 11

En el Bufete Emmanuelli, C.S.P., le ayudamos a reestructurar su empresa hacia el éxito negociando con sus acreedores o mediante la Quiebra bajo el Capítulo 11. Mediante la Reorganización de su Negocio bajo el Capítulo 11 de la Ley de Quiebras Federal usted puede:

Recobrar la viabilidad del negocio; controlar los costos; eliminar deudas; maximizar los ingresos; liberarse de contratos onerosos; llevar a cabo reorganizaciones laborales; eliminar las llamadas de cobro; paralizar las demandas, embargos y ejecuciones judiciales.

Para una cita en nuestras oficinas llame al 787-848-0666. Consulta inicial gratis y confidencialidad.

miércoles, 1 de mayo de 2013

Bankruptcy Bits: Important victory for debtors: Post-petition bonus found not to be part of estate


Important victory for debtors: Post-petition bonus found not to be part of estate

Bank4-17-13In a case of interest to many people filing for relief under Chapter 7 of the Bankruptcy Code, the Bankruptcy Appellate Panel for the 8th Circuit reversed the prior decision of the bankruptcy judge and ruled that under Section 541 a debtor's receipt of a post-filing bonus was not property of the bankruptcy estate, and therefore the Chapter 7 trustee could not make a claim for those funds received by the debtor recipient.

In the case of In re Klein-Swanson, #12-6054 (BAP 8th Cir 3-22-13,) the debtor's employer offered two annual bonuses to its employees, but the process was entirely discretionary each year, and no employee was guaranteed any bonus. Although in this case, the debtor had completed the work leading to the bonus decision before the Chapter 7 was filed, the BAP determined that there was no evidence that the employer made the decision to award the actual bonus until after she had filed her Chapter 7 petition. They reasoned that the employer's decision to award the bonus to the debtor was not made at the time the petition was filed, and that due to the highly discretionary nature of the decision, it was totally uncertain if she would be awarded any bonus. In this case, Minnesota law supported that conclusion, and the BAP overruled the bankruptcy court judge's decision, determining that the debtor got to keep her bonus.

Once again, this demonstrates that smart and skilled lawyers can achieve great legal results for their clients.

 

Michael B. Katz, Esq.

Photo credit: Microsoft 



No hay comentarios:

Publicar un comentario

Orientación Jurídica del Bufete Emmanuelli, C.S.P.

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Regístre su dirección de correo electrónico en nuestra lista de boletines Del Derecho y del Revés :