Test Your Knowledge: Recent Developments in Insolvency Law
Tom Phinney and Paul Pascuzzi
Tom Phinney is a partner with Parkinson Phinney in Sacramento practicing bankruptcy law and commercial litigation, representing creditors, trustees, and committees. He is a member of the Executive Committee of the Business Law Section of the State Bar, and an officer of the California Bankruptcy Forum.
Paul J. Pascuzzi is a partner at Felderstein Fitzgerald Willoughby & Pascuzzi, LLP in Sacramento. Mr. Pascuzzi is a former chair of the Executive Committee and Insolvency Law Committee of the Business Law Section. Mr. Pascuzzi’s practice focuses on all aspects of business bankruptcy and insolvency law.
This article tests your knowledge of recent developments in the area of insolvency law. Unless otherwise noted, all references are to the Bankruptcy Code. We provide a summary of the facts and issues in each case and then ask you to choose the answer(s) that reflects the holding of the court. There may be more than one correct answer. We also provide a short commentary on each holding. Good luck!