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New Bankruptcy Law

News Release
Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined
Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.
Aug 18, 2011
Report
Links Between Asbestos Bankruptcy Trusts, Tort Cases Examined
Asbestos bankruptcy trusts—created to compensate people injured by the mineral—may be influencing tort cases. The current way that the trusts and the tort cases are linked together may result in payments that are not consistent with the basic principles of the tort liability system.
Aug 18, 2011
Research Brief
Bankruptcy Trusts, Asbestos Compensation, and the Courts
People with asbestos injuries are increasingly receiving compensation from trusts set up by bankrupt asbestos defendants. This brief documents how courts handling these cases consider trust payments when determining compensation.
Aug 18, 2011
Report
Asbestos Bankruptcy Trusts: An Overview of Trust Structure and Activity with Detailed Reports on the Largest Trusts
While legislative and judicial reforms have made it increasingly difficult to obtain compensation for nonmalignant diseases in the tort system, the trust system remains a source of compensation for such injuries. This report describes the creation, organization, and operation of asbestos personal-injury trusts and compiles publicly available information on the assets, outlays, and governing boards of the 26 largest ones.
Jul 26, 2010
Report
The Effects of the Changes in Chapter 7 Debtors' Lien-Avoidance Rights Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) limited exempt household goods on which debtors could avoid certain liens. This study found no changes in debtor or creditor behavior due to the new limits.
Jul 25, 2007
Report
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005: Evaluation of the Effects of Using IRS Expense Standards to Calculate a Debtor's Monthly Disposable Income
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires that bankruptcy filers with above-median monthly incomes use IRS standards, not current expenses, to calculate disposable income. This report assesses this law's effects.
Jul 23, 2007
Report
Identifying Fraud, Abuse, and Error in Personal Bankruptcy Filings
A digital bankruptcy case filing system, incorporating lessons from the IRS and GSA as well as the private sector, may be on the horizon to help the U.S. Trustee Program better identify and measure fraud, abuse, and error in personal bankruptcies.
Jun 5, 2007
Report
Statistical Forecasting of Bankruptcy of Defense Contractors: Problems and Prospects
Declining revenues in the defense industry may eventually result in bankruptcies. This report considers whether a model could reliably predict defense contractors' bankruptcy.
Jan 1, 1994
Report
The Impact of Proposed Changes in Bankruptcy Administration
An investigation and comparison of ways to improve the effectiveness and efficiency of the U.S. bankruptcy system, this study estimates costs of current bankruptcy functions, evaluates costs and benefits of proposed changes, and evaluates potential...
Jan 1, 1973
Report
An Application of Automation to Bankruptcy Administration and Processes
Demonstrates how functional procedures for straight-consumer and wage-earner bankruptcies can be improved through process changes and automation.
Jan 1, 1973

RAND Topic:
Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

Topic Synonyms:
BAPCPA;
New Bankruptcy Law