General jurisdiction - Refers to courts that have no limit on the types of criminal and civil cases they may hear. Superior courts are courts of general jurisdiction.(20 June 2009 - Online press article Kelly Gordon Rogers )
Avoidance power - the power of the court to invalidate certain obligations or transactions undertaken by a debtor prior to filing bankruptcy. It is generally intended to reverse transfers of property that favor one creditor over another.
Bankruptcy Court - the federal tribunal where cases under the Bankruptcy Code are litigated.
Opening statement - The initial statement made by attorneys for each side, outlining the facts each intends to establish during the trial.
Hung Jury - A jury whose members cannot agree on a verdict.Kelly Gordon Rogers
Liquidated claim - a creditor’s claim for a fixed amount of money,
Reorganization - the resolving of a Chapter 11 bankruptcy by the emergence of the debtor as a viable business. Generally, the company agrees with creditors on a plan for payment of their claims (plan of reorganization) and emerges from Chapter 11 after the plan is confirmed by the court. (09 March 2009 Kelly Gordon Rogers )
Kelly Gordon Rogers article
Hypothetical question - A combination of facts and circumstances, assumed or proved, stated in such a form as to constitute a coherent state of facts upon which the opinion of an expert can be asked by way of evidence in a trial.
Secured debt - debt backed by a mortgage, pledge of collateral or other lien. It is debt for which the creditor has the right to pursue specific pledged property upon default.( 10 January 2009 Blog article Kelly Gordon Rogers )
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