Bankruptcy Venue Reform Act of 2011
Bar Briefs, March 1, 2012
by Stites & Harbison, PLLC
Underwear-maker Fruit of the Loom and casino owner Tropicana Entertainment, LLC have two things in common: Both were originally headquartered in Kentucky (the former in Bowling Green, and the latter in Crestview Hills), yet both filed Chapter 11 bankruptcy over 500 miles away, in Wilmington, Delaware.
This article is reprinted with the permission of BARbriefs, ©2012, a monthly publication of The Louisville Bar Association. For more information, contact [email protected].