Virginia Co. Can't Escape Tax After Exiting Bankruptcy

By Zak Kostro · May 20, 2024, 5:45 PM EDT

A Virginia company that filed for Chapter 11 bankruptcy is on the hook for a disputed corporate income tax assessment because the liability occurred after the company emerged from bankruptcy, the...

To view the full article, register now.

Documents

Featured Stories

How Powerful Companies Profit From 'Unjust Debts' - Part 2 No Photo Available

Companies that use Chapter 11 bankruptcy to deal with litigation over dangerous products they produced or other misconduct rely on a b... (more story)

How The Bankruptcy System Became 'Unjust' - Part 1 No Photo Available

Changes in bankruptcy law that have made it more difficult for individuals facing financial hardship to extinguish their debts and get... (more story)

3 Takeaways From Cigna's Win In 9th Circ. Rehab Claim Fight No Photo Available

The Ninth Circuit's recent decision finding Cigna is off the hook for $8.6 million in out-of-network mental health and substance use d... (more story)