Wisconsin Statutes
Wis. Stat. § 128.01 (2026)
Jurisdiction
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128.01128.01 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 AnnotationThis chapter does not encroach upon the field occupied by the federal Bankruptcy Act merely because the chapter 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 AnnotationChapter 128: Wisconsin’s Bankruptcy Alternative. Murrell. Wis. Law. May 2008.
128.01 AnnotationChapter 128: A Change Will Do Us Good. Furay. Wis. Law. June 2019.
Notes of Decisions
Cited in 5
cases (1 in the last 5 years), 1955–2025 · leading case: BNP Paribas v. Olsen's Mill, Inc., 2011 WI 61, 799 N.W.2d 792.
BNP Paribas v. Olsen's Mill, Inc., 2011 WI 61, 799 N.W.2d 792. “See Wis. Stat. § 128.01 . We also agree that a circuit court should take into account equitable considerations when making an order in a chapter 128 proceeding.”
Home Bank v. Becker, 179 N.W.2d 855 (Wis. 1970). “Appellant contends that the appointment of the receiver is invalid because sec. 128.01, Stats., confers ex- *12 elusive jurisdiction of proceedings under ch.”
Premke v. Pan Am. Motel, Inc., 151 N.W.2d 122 (Wis. 1967). “Sec. 128.01, Stats., provides: “128.01 Jurisdiction.”
In re Wisconsin Builders Supply Co., 136 F. Supp. 439 (E.D. Wis. 1955). “The first section of Chapter 128, Section 128.01, makes all assignments for the benefit of creditors subject to the provisions of the Chapter and subject to the jurisdiction of the Circuit Court.”
Seth E. Dizard v. Torro LLC, 21 N.W.3d 821 (Wis. Ct. App. 2025). “§ 128.01. ¶61 The Drinkwater court then considered whether the nonforum contacts are of “greater significance.”
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