August 17, 2018
Chicago Must Return Impounded Cars Immediately After a Chapter 13 Filing
Judge Thorne rules that exceptions to the automatic stay do not allow the City of Chicago to retain possession of impounded cars.
7th Circuit, Illinois, Illinois Northern DistrictAugust 16, 2018
Circuit Split Narrows on the New Value Defense to a Preference
Eleventh Circuit abandons the notion that new value must remain unpaid to offset a preference.
11th CircuitAugust 15, 2018
Bankruptcy Court Still Has Jurisdiction Seven Years After Confirmation
Venue in the bankruptcy court is ok for suits brought under a liquidating plan.
2nd Circuit, New York, New York Southern DistrictAugust 13, 2018
Collection Injunctions Are (Sometimes) Ok in an Individual Chapter 11
Ninth Circuit BAP explains when the holder of a nondischargeable claim can be enjoined from collecting during the life of an individual’s chapter 11 plan.
9th CircuitAugust 08, 2018
Personal Liability for a PACA Trust Is Dischargeable, Judge Mark Says
Courts are split on whether personal liability to produce suppliers results in a nondischargeable debt under Section 523(a)(4).
11th Circuit, Florida, Florida Southern DistrictAugust 03, 2018
Punitive Damages under Section 303(i) Can’t Be Offset, Third Circuit Says
One involuntary petition dismissed in bankruptcy court has now spawned three important opinions at the circuit level.
3rd CircuitAugust 02, 2018
Delaware District Judge Defines ‘Unfair Discrimination’ in Cramdown
A $30 million haircut is not ‘unfair discrimination’ to preclude cramming down a plan.
3rd Circuit, DelawareAugust 02, 2018
Retention of Jurisdiction Beats Out an Arbitration Agreement, Third Circuit Says
Court retains adjudicatory power unless the arbitration agreement applies to all disputes.
3rd CircuitAugust 01, 2018
Delaware’s Judge Sontchi Writes a Seminal Opinion on Sovereign Immunity
A bankruptcy court’s in rem jurisdiction overrides a claim of sovereign immunity.
3rd Circuit, DelawareJuly 31, 2018
Ninth Circuit Requires Explicit Objection to Avoid Forfeiting an Appeal
Ethical issues abound when a committee counsel’s own financial interest conflicts with its client’s interests.
9th Circuit