Merit Management cannot take advantage of the bankruptcy safe-harbor provision. That provision is meant for transfers to benefit brokers.
Two Pennsylvania racetracks merged to build a “racino” (race track + casino). The surviving company couldn’t get the permit and filed for bankruptcy. Can the company that sold out of the deal keep its distance, or will bankruptcy law take suspicion?
We’re on the lookout for lawyers who share our passion for teaching legal issues. Write about the Supreme Court case or legal topic of your expertise. We’ll provide the infographic, and you’ll get the recognition.
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