Disclosure of Corporate Affiliations and Financial Interest

U.S. Bankruptcy Court for the Eastern District of Pennsylvania

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Eastern District of Pennsylvania

Rule: 8012-1

Jurisdiction: EDPAB

Bluebook Citation: Bankr. E.D. Pa. L.R. Adm. R. 8012-1

(a) Deadline for Filing Disclosures. The disclosure statements and list described in subdivisions (b)-(d) shall be filed not later than 30 days after the appeal is docketed in the district court. (b) Corporate Disclosure. A corporation that is a party to an appeal must file a corporate disclosure statement on a form provided by the district court that as required by Fed. R. Bankr. P. 8012(a) identifies any parent corporation and any publicly owned corporation that owns 10% or more of its stock.

The statement must be filed whether or not the corporation has anything to report. (c) All Parties Disclosure. A party to an appeal who knows of a publicly owned corporation that has a financial interest in the outcome of the litigation must file a disclosure statement that identifies the corporation and its interest. (d) Appellant’s Disclosure.

The appellant must promptly file a list identifying (1) the debtor, if not named in the caption, (2) the members of the creditors committee or, if a committee has not been appointed, the 20 largest unsecured creditors on the list filed under Fed. R. Bankr. P. 1007(d), and (3) any entity not named in the caption which was an active participant in bankruptcy court proceeding giving rise to the appeal.

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