Third Circuit makes a fine distinction regarding bankruptcy courts as ‘courts of the U.S.’
A tenant with a rejected lease retains ‘recoupment’ rights in addition to the protections in Section 365(h).
Delaware district judge reads Supreme Court’s Travelers opinion as requiring the allowance of post-petition contractual claims for attorneys’ fees.
A triangular setoff, valid under state law, is unenforceable in bankruptcy under Section 553(a).
Split deepens regarding failure to return a repossessed auto as an automatic stay violation.
U.S. Trustee rebuffed in subjecting liquidators to retention as ‘professionals’ under Section 327.
Delaware district judge rules that the bankruptcy court has final adjudicatory power to include third-party releases in confirmation orders.
Third Circuit creates a high standard for revoking a vested contract right.
Narrow reading of ‘equitable mootness’ in Tribune is limited to cases involving a dispute between two classes.
Third Circuit leaves open the question of whether distributions to shareholders in chapter 11 must follow FINRA rules.