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The Supreme Court has held in City of Chicago v. Fulton that a creditor does not violate the automatic stay by merely retaining possession of the debtor’s property after a bankruptcy filing. Creditors will no longer have to immediately surrender property in their possession to the debtor to avoid liability for violating the automatic stay. READ MORE
The new Missouri Commercial Receivership Act provides a much more robust receivership remedy than prior law, giving creative counsel tools to achieve some results that were not necessarily possible under the old law. READ MORE
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