Forfeiture Proceedings and Bankruptcy: Overview | Practical Law

Forfeiture Proceedings and Bankruptcy: Overview | Practical Law

A Practice Note providing an overview of issues that arise when the United States government seeks forfeiture in criminal or civil proceedings based on fraud, money laundering, or SEC violations parallel with a bankruptcy proceeding, including the use of court-approved cooperation or coordination agreements and procedures to address conflicts between criminal, securities, and bankruptcy law for the recovery and distribution of assets and for compensating victims of a debtor's wrongdoing.

Forfeiture Proceedings and Bankruptcy: Overview

Practical Law Practice Note Overview w-038-9665 (Approx. 15 pages)

Forfeiture Proceedings and Bankruptcy: Overview

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
A Practice Note providing an overview of issues that arise when the United States government seeks forfeiture in criminal or civil proceedings based on fraud, money laundering, or SEC violations parallel with a bankruptcy proceeding, including the use of court-approved cooperation or coordination agreements and procedures to address conflicts between criminal, securities, and bankruptcy law for the recovery and distribution of assets and for compensating victims of a debtor's wrongdoing.