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ARTICLE · 11 APRIL 2007

Employee Compensation Programs: A Study Of Judicial Interpretation Under BAPCPA

Whiteford Taylor & Preston LLP
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When I decided to write an article regarding the judicial interpretation, thus far, of Congress’s 2005 amendments to the United States Bankruptcy Code (known affectionately to bankruptcy lawyers as BAPCPA), affecting key employee retention programs (or KERPS), I did what any diligent researcher would do, I read other articles, written by some of the finest, astute bankruptcy lawyers in the country.

United StatesInsolvency/Bankruptcy/Re-Structuring
Stephen Gerald Esq
Stephen Gerald Esq

When I decided to write an article regarding the judicial interpretation, thus far, of Congress’s 2005 amendments to the United States Bankruptcy Code (known affectionately to bankruptcy lawyers as BAPCPA), affecting key employee retention programs (or KERPS), I did what any diligent researcher would do, I read other articles, written by some of the finest, astute bankruptcy lawyers in the country. Most of the articles I read on the subject provide an excellent, well rounded synopsis of pre-BAPCPA law (statutory and judicial interpretation), the initiatives to amend pre-BAPCPA law, BAPCPA itself, including the infamous, somewhat newly enacted § 503(c), and finally, a summery of the judicial interpretation thus far.

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