2010 Wisconsin Code
Chapter 128. Creditors' actions.
128.01 Jurisdiction.


128.01 Jurisdiction. The circuit courts shall have supervision of proceedings under this chapter and may make all necessary orders and judgments therefor; and all assignments for the benefit of creditors shall be subject to this chapter.

128.01 - ANNOT.

History: 1977 c. 449.

128.01 - ANNOT.

Chapter 128 does not encroach upon the field occupied by the federal bankruptcy act merely because ch. 128 provides for a distribution, either voluntary or not, of assets of an insolvent corporation among its creditors. Gelatt v. DeDakis, 77 Wis. 2d 578, 254 N.W.2d 171 (1977).

128.01 - ANNOT.

Chapter 128: Wisconsin's Bankruptcy Alternative. Murrell. Wis. Law. May 2008.

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