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UC Law Journal

Abstract

The Bankruptcy Reform Act of 1978 represents the most comprehensive revision of federal bankruptcy law in the last eighty years. This Article examines the likely impact of the Act on the administration of partnership bankruptcy. The author suggests that while the Act's simplification of procedures and terminology will streamline the administration of partnership bankruptcy and eliminate sources of costly dispute, these same reforms raise uncertainties that must be addressed before the partnership bankruptcy process will be entirely sound.

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