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ABI Journal

Rochellel's Daily Wire

July 22, 2025

Unexpected Income Required Modification of a Chapter 13 Plan

Judge Rebecca B. Connelly allowed a debtor couple to retain enough unexpected income to pay deferred maintenance on the debtors’ home.

West Virginia

July 21, 2025

Paying a Post-Petition Retainer Without Advance Approval Was Ok

Approving a retainer after the fact was a sensible exercise of the court’s discretion when the new lawyer’s services were necessary to avoid dismissal of the Subchapter V case.

New York Northern District

July 18, 2025

Homestead Exemption Applied to a Home Abroad Where the Debtor Didn’t Live

The homestead exemption was valid because the debtor’s dependents lived in the home abroad as their principal residence.

North Carolina Eastern District

July 17, 2025

Should Property in the U.S. Be a Requisite for Chapter 15 Recognition?

The leading commentators on chapter 15 and Bankruptcy Judge Philip Bentley reach the same result by different approaches to the requirements for chapter 15 recognition.

New York Southern District

July 16, 2025

A Receiver’s Claim Determination Wasn’t Barred by the Automatic Stay, Circuit Says

Agency principles prevented the principal from asserting excusable neglect.

2nd Circuit

July 15, 2025

The Supreme Court’s Acevedo Doesn’t Preclude Annulling the Stay, Eleventh Circuit Says

The Eleventh Circuit rejected the idea that a Supreme Court decision could nullify a provision in the Bankruptcy Code.

11th Circuit

July 14, 2025

No Circuit Split: Sub V Corporate Debtors Can Have Nondischargeable Debts

Over a dissent, the Eleventh Circuit aligned with the Fourth and Fifth Circuits by holding that corporate Subchapter V debtors can have nondischargeable debts, unlike corporations in ‘regular’ chapter 11.

11th Circuit

July 11, 2025

Prospective Section 506(c) Surcharges Don’t Qualify as Adequate-Protection Payments

A 15% equity cushion across the board didn’t suffice for adequate protection when mortgages on 82 properties were not cross-collateralized.

New York Southern District

July 10, 2025

Advice from a Banker Negated a Finding of Fraudulent Intent, Fourth Circuit Says

‘Clear error’ required reversing a finding of fraudulent intent to embezzle.

4th Circuit

July 09, 2025

It’s Really Over. No Refunds for Overpayment of Nonuniform U.S. Trustee Fees

Hammons Fall dictated denial of a Tucker Act class action for recovery of overpayment of U.S. Trustee fees in chapter 11 cases.

Federal Circuit