Why Pot Companies Can't File For Bankruptcy
The pot industry in Colorado is starting to boom, but operating a business that's illegal under federal law can be very problematic. For one thing, it's impossible to file for bankruptcy. The Denver Post recently reported on a bankruptcy judge's …
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Blog: California Bankruptcy Judge Rules that State Law Does Not Protect
On October 1, a bankruptcy judge ruled that the pension agreement between Stockton, California and Calpers, California's massive state-run pension fund for public employees, is an executory contract that can be rejected in bankruptcy. Judge Christopher …
Read more on JD Supra (press release)

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