What is the effect of the automatic stay

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1) P brings a civil antitrust action against D Corp. After the second week of what is projected to be a seven-week trial, D Corp. files for bankruptcy. What is the effect of the automatic stay? Would it matter if the antitrust action was being heard by an arbitrator rather than a judge?

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2) When D defaulted on her debt, C foreclosed its mortgage on D's building. C's foreclosure sale is scheduled for Thursday afternoon. If D files for bankruptcy on Thursday morning, will the foreclosure sale be stayed?

Reference no: EM133643383

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