Supreme Court Flirts with Tackling Another Chapter 11 Issue
If an insider sells a claim, does the purchaser automatically acquire insider status?
Pro Se Debtors Entitled to Different Notice Before Sua Sponte Dismissal
Pro se debtors must be told explicitly of the right to request a hearing.
Attempt at Reviving Frenville Fails in Delaware
Widespread notice obviated need for allowing a class proof of claim.
Two-Year Delay in Confirmation Requires Holding Another Valuation Hearing
Passage of time converts a final order into an interlocutory order.
Religious Court Had No Pecuniary Interest and Thus Lacked Standing to Appeal
Rabbinical court was barred from attaching an injunction under the First Amendment.
Trustee Not Obligated to Obtain Best Price at Auction, Delaware Judge Says
Immunity, fiduciary duty and damages discussed in the context of a low sale price.
Successor to Bankrupt Company Saddled with Pre-Bankruptcy Environmental Claims
Discharge was no bar to claims not recognized until after bankruptcy.
Validity of Inherited Homestead Exemption Decided by Allusion to Baseball
A house that wasn’t a homestead on the filing date held eligible for the exemption.
New York Judge Rejects Ninth Circuit’s Ybarra Doctrine that Revives Discharged Claims
Ninth Circuit decision based on policy, not statutory language, is wrong, S.D.N.Y. judge says.
Civil Rights Suit Enjoined by Automatic Stay in Municipal Bankruptcy
District court says bankruptcy court can issue injunction to halt civil rights violation by police.