Pendergraft & Simon, L.L.P. Legal Blog

What can you seek as part of a breach of contract lawsuit?

Contracts sometimes get described as the lifeblood of businesses, in part because contracts manage everything from the relationship between a company and its employees to the transactions that occur between individual businesses. You uphold your side of a contract, and you have the reasonable expectation that other parties will do the same. Unfortunately, it’s possible…

Can a lender initiate adversary proceedings in your bankruptcy?

 People with substantial debt and complex financial situations may file for bankruptcy in order to stop collection activity with the automatic stay or to discharge certain debts. Most unsecured debts are eligible for discharge in standard bankruptcy proceedings. However, lenders and creditors can sometimes push back against an attempt to discharge a debt in bankruptcy….