gender gap issues for women in business startups

Entrepreneurs: Why the Gender Gap?

Entrepreneurs: Why the Gender Gap? Money, plain and simple. by: Laura Day DelCotto, Esq. According to the annual index of startup activity released by the Ewing Marion Kauffman Foundation, female new business startups fell to the lowest level in nearly 20 years, showing a widening entrepreneurial gender gap.  The question is

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debtor, trustee, Chapter 13, Chapter 7, convert, law, Supreme Court

SCOTUS Confirms Debtor’s Right to Money

Trustee must return debtor’s funds after Chapter 13 conversion. By: Dean A. Langdon, Esq. On May 18, 2015 the U.S. Supreme Court ruled that money paid to a Chapter 13 trustee, and still held by the trustee, belongs to the debtor if the case converts to Chapter 7. Harris v.

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Elder Abuse – Five Common Scams Aimed at Seniors

Fraudsters often set their sights on victims with the least ability to protect themselves.  Seniors have become prime targets in recent years.  Although scams come in all shapes and sizes, and new ones are developed all the time, here are five of the most commonly perpetrated against seniors, in reverse

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Bankruptcy rule 9019

Compromises and Settlements in Bankruptcy:  Rule 9019

Rule 9019: Compromise and Arbitration by Jamie L. Harris Bankruptcy Rule 9019(a) authorizes a trustee to seek a compromise or settlement of claims, upon motion and after notice and a hearing. Fed. R. Bankruptcy. P. 9019(a). The purpose of such a compromise agreement “is to allow the trustee and the creditors

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Chapter 9, municipality bankruptcy, pension

Chicago is What a Pension Crisis Really Looks Like for Kentucky

Kentucky’s Pension Crisis Cannot Be Ignored by Laura Day DelCotto, Esq. Moody’s downgraded all Chicago debt to “junk” status on May 13, including City, school district and park district paper.   The move follows the opinion issued by the Illinois Supreme Court that certain pension benefits could not be altered under

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Rule 2004, Bankruptcy, Discovery

Discovery in Bankruptcy Cases: Rule 2004

Rule 2004 Examination in Bankruptcy by Jamie L. Harris, Esq. Bankruptcy Rule 2004 is the basic discovery device utilized in bankruptcy cases. In addition to appearing at the meeting of creditors and being examined under oath, the debtor may also be required to submit to examination under Rule 2004. Rule

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Access, court documents, information, bankruptcy

Access to Commercially Sensitive Information in Bankruptcy

To Seal or Not To Seal: Access To Commercially Sensitive Information In Bankruptcy Proceedings By Jamie L. Harris The public has a general right of access to judicial records. Nixon v. Warner Communications, Inc., 435 U.S. 589, 597–98 (1978); In re Analytical Systems, Inc., 83 B.R. 833, 834–35 (Bankr.N.D.Ga.1987). While

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PACA Claims in Bankruptcy

PACA Claims in Bankruptcy

PACA Claims in Bankruptcy By: Jamie L. Harris The Perishable Agricultural Commodities Act of 1930 (“PACA”), as amended, 7 U.S.C. §§ 499(a)et seq. provides federal statutory protection to certain qualifying sellers of perishable agricultural products. Congress amended PACA in 1984 to establish a statutory trust for the benefit of all unpaid

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Kentucky Law: Elements of Fraud Claims

Kentucky Law: Elements of Fraud Claims

A review of Kentucky’s Fraud Claims Law By: Jamie L. Harris, Esq. Kentucky law recognizes the tort of fraud by omission, which includes the following four elements: (1) that the defendants had a duty to disclose a fact or facts, (2) that the defendants failed to disclose such fact, (3)

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How to prepare for 341 meeting.

Preparing for the 341 Meeting of Creditors

What you need to know about the 341 Meeting of Creditors For most of my clients who file for bankruptcy, the 341 Meeting of Creditors is the one thing they must do.  They never see the Judge appointed to their case, and they don’t want to!  They only meet the

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