January 02, 2020
A PACA trust lacks the hallmarks of a trust, so a failure to pay a produce supplier doesn’t give rise to a nondischargeable debt for defalcation while acting in a fiduciary capacity, Judge Goldgar says.
7th Circuit, Illinois, Illinois Northern District
December 18, 2019
Pleas to injustice and unfairness failed to persuade the Seventh Circuit to depart from a state law exemption for wages.
7th Circuit
December 06, 2019
Despite atrocious mortgage servicing, the circuit court cut a jury’s $3 million award of punitive damages to $582,000.
7th Circuit
November 14, 2019
Appeals courts won’t allow bankruptcy to shield debtors from paying parking tickets and fines incurred in the course of a chapter 13 case.
7th Circuit
October 07, 2019
Indiana bankruptcy and district judges rule that secured lenders are only entitled to ‘adequate protection’ until the debtor’s counsel’s allowed fees have been paid in full.
7th Circuit, Indiana, Indiana Southern District
September 24, 2019
Seventh Circuit splits with other circuits on basis for jurisdiction to determine the amount of a tax.
7th Circuit
September 16, 2019
Seventh Circuit holds that a financing statement is sufficient if it describes collateral by reference to an unattached security agreement.
7th Circuit
