The Discharge of Partnerships and Partners Under the Bankruptcy Code

Kennedy, Frank R.

Journal: Vanderbilt Law Review

Volume: 38

First Page: 857

Year: 1985

Bluebook Citation: 38 VAND. L. REV. 857 (1985)

Author: Frank R. Kennedy: all 32 publications


Abstract

The provisions of the Bankruptcy Act applicable to partnerships, partners, and their creditors were cryptic. Significant changes in these provisions made by the Bankruptcy Reform Act of 1978 have not appreciably diminished the difficulties of administering the estates of partnerships and partners in cases under Title 11 of the United States Code. The rules governing discharge of partnerships and partners and the dischargeability of their debts have given rise to a number of special problems under both the Bankruptcy Act and the Bankruptcy Reform Act. This Article undertakes to identify and analyze these problems and to suggest solutions.

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