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Blog | DelCotto Law Group

DelCotto Law Group Files Majority of Chapter 11s

February 12, 2016
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DelCotto Law Group Files Majority of Chapter 11’s

In 2015, DelCotto Law Group PLLC filed nearly sixty percent[1] of all Chapter 11 bankruptcy cases filed in the Eastern District of Kentucky.  This is an increase from 2014 when the firm filed nearly forty percent […]

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Collateral Estoppel In Bankruptcy Proceedings- Overview | DelCotto Law Group PLLC

January 20, 2016
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Collateral estoppel applies in bankruptcy proceedings.

See Grogan v. Garner, 498 U.S. 279, 284, 111 S.Ct. 654, 112 L.Ed.2d 755 (1991) (A bankruptcy court may properly give collateral estoppel effect to those elements of the claim that are identical to the elements […]

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EXCEPTIONS TO DISCHARGE: 11 U.S.C. § 523(a)(4)

January 18, 2016
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Nondischargeability under § 523(a)(4) requires that the underlying debt was obtained in one of three ways: by embezzlement, by larceny, or by fraud or defalcation while acting in a fiduciary capacity. As the party seeking a determination of nondischargeability, the plaintiff bears the burden of proving all […]

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Appointment of Interim Trustees In Involuntary Bankruptcy Cases

January 16, 2016
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Involuntary bankruptcy filings are rare. This fact reflects the current understanding that the principal purpose of the Bankruptcy Code is to grant a fresh start to the honest, but unfortunate debtor. Marrama v. Citizens Bank of Massachusetts, 549 U.S. 365, 367 (2007). An involuntary petition is an […]

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