# kaal:claim:2348463-008

**Claim.** Creditors and shareholders in bankruptcy, unlike debtors, are typically not required to disclose their interests until they participate in the case by filing a proof of interest or claim and seeking to be heard by a judge.

**Type.** condition  **Support.** evidenced

**Holds when.**

- United States bankruptcy cases
- parties other than the debtor

**Source quote.**

> Unlike debtors, creditors and shareholders are typically not required to disclose their interests until they participate in a bankruptcy case by filing a proof of interest or claim and seek to be heard by a judge.

**From.** Wulf A. Kaal, *Hedge Funds’ Systemic Risk Disclosures in Bankruptcy* (2013), I. BANKRUPTCY DISCLOSURES, page 7

**Cite as.** Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013). SSRN: https://ssrn.com/abstract=2348463

**Verify.** sha256 of source PDF `b3682f24c0b277b3307fb9f54cd17a4e0a87b48eecba34b40e189212f20c9a22` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202013%20-%20Hedge%20Funds%E2%80%99%20Systemic%20Risk%20Disclosures%20in%20Bankruptcy.pdf

**Topics.** systemic-risk, disclosure

**Keywords.** bankruptcy-disclosure, creditors, debtor-obligations, proof-of-claim

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