Scott I. Davidson, of counsel at Kaye Scholer, writes that while the preparation and filing of proofs of claim is ordinarily a straight-forward process, there are certain pitfalls that must be avoided to ensure that a client's claim is adequately and appropriately preserved in a bankruptcy case. By doing so, the only issues that should remain are the substantive bases for the allowance of the claim, which will rise and fall based on the unique facts of the debtor-creditor relationship.
September 25, 2007 at 12:00 AM
1 minute read
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