Your English writing platform
Discover LudwigExact(60)
In 2011, the Federal Bankruptcy Rules Committee (Rules Committee) put forth a fully-revised version of Bankruptcy Rule 2019 (Revised Rule 2019) for adoption.
According to the majority of respondents, the rule needed revision and the expected changes in the revised rule included allowing farmers to rear more goats, followed by free grazing in the forest.
Revised Rule 2019 became effective on December 1 , 2011
Under the revised rule, individual judges may decide to keep jurors' names secret for "compelling reasons".
Until the changes are released, key questions will go unanswered: Will the revised rule close loopholes?
The revised rule also scales the level of scrutiny facing banks to their size.
Similarly, both Revised Rule 2019 and Form PF require disclosure of derivative positions.
Accordingly, Revised Rule 2019 may not have resulted in an improvement of the bankruptcy process.
Unfortunately, there has been no sign of progress on a revised rule since then.
Violation of the revised rule would trigger a 15-yd unsportsmanlike-conduct penalty.
Inaction, however, could threaten the credibility of the revised rule book when financial markets remain nervous.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com