(After the heated exchange, the Sanders campaign e-mailed reporters to point out that Senator Elizabeth Warren has criticized Clinton for changing her position, when she was in the Senate, on a bankruptcy bill, elements of which were vehemently opposed by the financial industry).
He has undergone quadruple-bypass surgery and has other health problems, and he has filed for bankruptcy — an unpleasant element of personal history he does not want widely known.
Bankruptcy always contains some element of unpredictability, and the minority of debtholders who oppose the new arrangement could argue in court that the company is worth more to them in liquidation.
Warren was brought in to protect the trust, and her work on the case "helped preserve an element of bankruptcy law that ensured that victims of large-scale corporate malfeasance would have a better chance of getting compensated, even when the responsible companies go bankrupt".
And as viewers watch the film this week, Big Coal-bankrolled members of Congress will continue to deny the deadly costs and health impacts of strip-mining, coal companies will abandon miners and mines in bankruptcy, and the rogue elements of the industry will take one last mountaintop-removal blast at the region before picking up and moving to the Illinois Basin or abroad.
Consumers who make more than their state's median income must pass a means test to file for Chapter 7, a crucial new element of current bankruptcy law.
Another element of the bankruptcy bill that has new relevance in the aftermath of the Enron filing is a provision in both the House and Senate versions that limits the ability of individuals filing for bankruptcy to shield their homes from creditors.
At a time when housing affordability and income inequality have been driving the debate in the mayoral race, the bankruptcy case could add another element of uncertainty to New York City's efforts to preserve housing for people with low incomes.
The latest filing was a response to a motion by Mr. Picower's lawyers in July that asked the bankruptcy court to dismiss crucial elements of the trustee's lawsuit, which is aimed at recovering money from Mr. Picower to help reimburse Madoff victims.
One of the many interesting elements in the city's bankruptcy proceedings is the treatment of the holders of general obligation bonds, which are $530 million out of the city's $18 billion in total debt.
