bankruptcy court

(redirected from Bankruptcy Courts)
Also found in: Financial.

bankruptcy court

n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. The office of a court clerk where petitions can be filed is located next to each court. (See: bankruptcy, bankruptcy proceedings)

References in classic literature ?
Opposite to him was a Peer who was even then engaged in threading the meshes of the Bankruptcy Court, what did they care for that?
Only it will be that or the bankruptcy court before long
While I was being removed to the bankruptcy court, my uncle in the soap and candle trade was being removed to the other world.
Bankruptcy courts aim to realize the highest price for assets being sold, but because the assets are from distressed businesses, they usually sell for considerably less than going concern value.
Helping Clients Acquire Assets Through Bankruptcy Court Auctions
AS YOU HELP YOUR CLIENTS grow their businesses, you might want to investigate an often untapped source for asset acquisition that frequently offers bargain-basement prices: bankruptcy court auctions.
The other four bankruptcy courts in the Central District are in downtown Los Angeles, Santa Ana, San Bernardino and Santa Barbara.
Bankruptcy Court opened its first divisional office in the San Fernando Valley on Monday in response to a surge of bankruptcy filings in the area.
While other bankruptcy courts deciding similar disputes arising in subsequent bankruptcy proceedings may look to this decision for guidance, they are not bound by it and may come to differing conclusions.
This decision erodes this comfort somewhat, particularly if lessees believe they may be able to use the bankruptcy courts to significantly reduce their debt service obligations while retaining the use of financed property at the expense of bondholders.
If bankruptcy courts rule in favor of airlines in landmark cases, these rulings could set an extraordinary precedent.
Fitch is especially concerned by bankrupt airlines that are pursuing legal strategies in bankruptcy court that would effectively divert revenues away from airport bondholders.

Full browser ?