Reversing, a Long Island district judge credits value to a homeowner’s ability to delay foreclosure, taking a position contrary to a recent decision from a Ninth Circuit B.A.P.

Redesignation under the SBRA might become a hot topic once again when (if) Congress raises the cap back to $7.5 million.

No more informal ‘no-look’ fees in the courtroom of Bankruptcy Judge Robert Grossman.

The ‘average-lateness’ test reveals payments that were not made in the ‘ordinary course.’

A chapter 13 trustee is not a federal employee for the purposes of the Federal Tort Claims Act.

Had the purchaser of estate claims offered to waive its own unsecured claim, the sale might have been approved.

Judge Grossman didn’t abolish ‘chapter 20’ entirely. He required the debtor to treat the subordinate mortgage lender like all other unsecured creditors, even though the debtor’s personal liability to the lender had been discharged in the prior chapter 7 case.

Read Judge Grossman’s opinion as though it were a final exam question to see how many issues you spot and whether you come up with the correct answers.

The lack of specific findings of fact by the arbitrator meant that a treble damage award for willful breach of contract was dischargeable.

At least in New York, a litigation finance agreement can’t be written to remove all of the lender’s exposure to the borrower’s bankruptcy.