Third Circuit Reinforces that Rules are Not Meant to Be Broken - Lex...

Third Circuit Reinforces that Rules are Not Meant to Be Broken
Lexology
After Pursuit became liable on $5 million worth of legal judgments, the Company filed for Chapter 7 bankruptcy protection on March 21, 2014 and a Chapter 7 trustee (the “Trustee') was appointed. Pursuit had nearly no assets when it filed. However, the ...