Dissenter would have upheld horizontal gifting on the merits.
Finding a proper exercise of regulatory power isn’t required to invoke the exception to the automatic stay.
Pursuing appointment benefitted the professional career of the applicant and did not benefit the estate, Judge Silverstein said.
Sometimes, being too aggressive backfires when the defendant files bankruptcy.
Before paying up front for a lifetime club membership, read the fine print and consult a lawyer.
A gaming license in Pennsylvania is a revocable ‘privilege.’
An obligation can be penal in nature, and thus nondischargeable, even though it’s measured by pecuniary loss.
Delaware district judge holds that the final bid at auction, not the lender’s last credit bid, fixes the value of the lender’s collateral.
The government lost a winnable appeal by failing to present evidence in bankruptcy court.
Since they weren’t bankruptcy lawyers, the firm wasn’t disqualified for the first nondisclosure offense. The second time, Delaware’s Judge Dorsey ordered disqualification and disgorgement