Bar Date Not Extended Three Days for Service by Mail
As bar dates are fixed by the meeting of creditors, not by date of mailing, Rule 9006(f) isn’t applicable.
Secured Creditors Need Not File Claims in Federal Receiverships, Circuit Holds
Opinion overlooks administrative problems when secured creditors don’t file claims.
Loan Agreement Gives U.S. Court Jurisdiction over Foreign Bank Lender
Few U.S. connections required for ‘specific jurisdiction’ over a foreign lender.
For Insufficient Notice, a Recorded Right of First Refusal Survived a Sale
Constructive notice deprived a purchaser of ‘bona fide’ status.
Odds Decline that Supreme Court Will Review Second Circuit Opinion in GM Bankruptcy
Claimants say GM misstep was a ‘black swan’ event not worthy of Supreme Court review.
Suit for Injunction Held Not to Violate PROMESA, Puerto Rico’s Workout Statute
Automatic stay not violated without an attempt to collect a claim, Puerto Rico Judge holds.
Banks Admonished to File Foreclosure Deeds Promptly, or Else
Requiring prompt filing of a foreclosure deed is not absurd, Massachusetts judge says.
Constructive Trust Theory Fails Without Showing Unjust Enrichment
Parents who benefitted from son’s secret ownership couldn’t claim title.
Circuits Now Split on Dischargeability for Third Party’s Violation of Securities Laws
Eleventh Circuit panel divided on reaching alternative holding under Section 523(a)(19).
Supreme Court Unlikely to Decide Whether Claim Purchaser Takes Seller’s Insider Status
Solicitor General says that Ninth Circuit correctly held that purchaser of an insider’s claim doesn’t automatically become an insider.
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