4 research outputs found

    Intangible Property Can Satisfy the Debtor Eligibility Requirement Under Section 109(a)

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    (Excerpt) Section 109(a) of title 11 of the United States Code (the “Bankruptcy Code”) states that “only a person that resides or has a domicile, a place of business, or property in the United States … may be a debtor under this title.” While a “foreign entity or individual domiciled abroad but owning property or doing business in the United States is eligible to be a debtor under 11 U.S.C. § 109,” the requirement can be difficult if the foreign entity or individual domiciled abroad has no commercial connection to the US. Consequently, the property component of Section 109(a) has become an important means to satisfy the debtor eligibility requirement. The ability to satisfy the Section 109(a) has been aided by the court’s broad interpretation of the term ‘property,’ highlighted by the use of intangible property to satisfy the requirement. Intangible property is property that lacks a physical existence. Intangible property has no intrinsic value but instead its value exists in the rights conveyed to the property. Examples of intangible property include bank accounts, stocks, bonds, and contractual rights. Part I of this memorandum discusses the evolution of the property requirement under Section 109(a) for foreign debtors. Part II of this memorandum focuses on the development of intangible property as a means to satisfy Section 109(a)

    Robust estimation of bacterial cell count from optical density

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    Optical density (OD) is widely used to estimate the density of cells in liquid culture, but cannot be compared between instruments without a standardized calibration protocol and is challenging to relate to actual cell count. We address this with an interlaboratory study comparing three simple, low-cost, and highly accessible OD calibration protocols across 244 laboratories, applied to eight strains of constitutive GFP-expressing E. coli. Based on our results, we recommend calibrating OD to estimated cell count using serial dilution of silica microspheres, which produces highly precise calibration (95.5% of residuals <1.2-fold), is easily assessed for quality control, also assesses instrument effective linear range, and can be combined with fluorescence calibration to obtain units of Molecules of Equivalent Fluorescein (MEFL) per cell, allowing direct comparison and data fusion with flow cytometry measurements: in our study, fluorescence per cell measurements showed only a 1.07-fold mean difference between plate reader and flow cytometry data

    Gender Differences in Demographic and Health Characteristics of the Million Veteran Program Cohort

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