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150 Third Avenue South
Suite 1700
Nashville, TN 37201
Phone: 615.244.4994
Fax: 615.256.6339 |
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Gullett Sanford Robinson & Martin PLLC (GSRM) provides legal advice and representation to a diverse client base.
GSRM has a long-standing dedication to achieving professional excellence, being responsive to client needs, and providing tailored solutions for its clients.
Members of the firm routinely engage in matters involving litigation, business and commercial transactions, issues involving employers and employees, insolvency proceedings, wills and estates, real property transactions, and government relations, among other matters. |
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Creditors May Find Recourse with Bankruptcy Code's Defalcation Provision
By D. Hiatt Collins
Imagine you are a subcontractor at work on a large construction project under a general contractor. The general contractor has not paid you for some time, and you then learn that the general contractor has filed for bankruptcy. You may resign yourself to accepting pennies on the dollar for what you are owed. There is a provision in the Bankruptcy Code, however, that may allow you to recover more than you originally believed you would. |
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