Thursday, November 25, 2010

Kelly G. Rogers Law Blog - Verdict ia the formal decision made by a judge

Receiver - particularly in foreign proceedings, or state court proceedings, a person appointed by the court to take custody of a debtor's property.

Defense attorney - The attorney who represents the defendant.(14 March 2009 - Blog article Kelly Gordon Rogers )

Liquidation - the dissolution of a company, or individual; usually operations cease and assets are sold by auction; Chapter 7 is usually employed for liquidations, businesses or individuals.

Interrogatories - Written questions developed by one party's attorney for the opposing party. Interrogatories must be answered under oath within a specific period of time.

Attorney of record - An attorney , named in the records of a case, who is responsible for handling the cause on behalf of the party he represents.

Bankruptcy Code - the name given to the statutory body of bankruptcy laws after the Bankruptcy Reform Act of 1978.Kelly Gordon Rogers

NOL (net operating loss) - (see tax loss carry-forward)

Dismissal with prejudice - Dismissal of a case by a judge which bars the losing losing party from raising the issue again in another lawsuit. (22 July 2010 Kelly Gordon Rogers )

Kelly Gordon Rogers article


Straight bankruptcy - an informal term for a Chapter 7 bankruptcy or liquidation; used more commonly to describe liquidation before the Bankruptcy Reform Act of 1978.

Verdict - Formal decision made by a judge or jury (trier of facts).( 25 December 2007 Blog article Kelly Gordon Rogers )


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