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E&D Convinces Bankruptcy Court that Default Judgment Against Corporate Indemnitor Precludes Corporate Residents from Using Personal Bankruptcy to Avoid Individual Indemnity Obligation 

CASE ALERT- Good News For Secured Creditors Who Wish To Sell Their Debtors' Collateral 
Satisfying The Uniform Commerical Code's Commercial Reasonableness Standard

Debtors Precluded From Filing for Bankruptcy, as Courts Continue to Define "Substantial Abuse" Under the Bankruptcy Code