Rochelle on DRI and Three Important Bankruptcy Opinions: Audio

DRI Inc., a provider of digital signs for transportation systems, has a business someone may want to buy, as described on the podcast with Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle. The remainder of the podcast is devoted to three recent court opinions of importance. The first, from the U.S. Court of Appeals in New Orleans, allows a trust to sue even when unsecured creditors have been paid in full. The second case, from the U.S. Court of Appeals in Boston, allows an individual to file a Chapter 13 plan when virtually no one will be paid aside from the bankrupt's lawyer. The final item is a decision from a federal district judge in upstate New York who ruled that a repossessed auto must be returned immediately after the owner files bankruptcy.

(Source: Bloomberg)

Running time 09:13

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