The Guarantor's Lifebuoy in the Bankruptcy Ocean

Authors

E. Jason Dennis, Lynn Pinker Hurst & Schwegmann, LLPFollow
Carter S. Plotkin, Lynn Pinker Hurst & Schwegmann, LLPFollow

Abstract

The Guarantor’s Lifebuoy in the Bankruptcy Ocean is an article by a practicing litigation law firm partner and associate based on their recent real-world experience arguing in Texas state court and federal bankruptcy court and lessons learned. The article is designed to examine an evidently underutilized bankruptcy stay exception and give actionable how-to advice on invoking it to litigators defending guarantors in scenarios they commonly face: a bankrupt principal obligor defaulting on the guarantied debt.

Recommended Citation

E. Jason Dennis & Carter S. Plotkin, The Guarantor's Lifebuoy in the Bankruptcy Ocean, 79 SMU L. Rev. F. 1 (2026)