Fifth Circuit reluctantly lets a trade supplier off the hook for a fraudulent transfer from a Ponzi scheme.
Appellate court cannot draw inferences not made in the trial court, circuit says.
Louisiana bankruptcy judge splits with Eleventh Circuit’s Crawford decision.
Judge avoids tough decision on who is a ‘forward contract merchant.’
Sometimes, an annuity is not an annuity, regardless of what the documents say.
Fifth Circuit liberates district judges in adopting or rejecting bankruptcy court’s proposed rulings.
Dismissing a chapter 13 case successfully retains the benefit of a lawsuit for the debtor alone.
State procedural laws mandating dismissal are not applicable in federal court.
Conversion to chapter 7 bars judicial estoppel on claim arising after filing.
Debtors win 2 of 3 important chapter 11 and 13 reorganization cases.