“Where substantive consolidation is ordered subsequent to a partial distribution to creditors, the introduction of a hotchpot rule might be desirable.”
“This sample clause is based on article 32 of the Model Law, which incorporates the hotchpot rule that assures fairness of distribution when a creditor has a valid claim in both proceedings.”
“By using the hotchpot system, Massachusetts probate courts have more authority over each spouse's assets than most other state probate courts.”