Compensation in a bankruptcy case can be based on savings to the estate, not only on cash recoveries by the estate.
Mississippi’s Judge Samson writes a treatise on the priorities between a secured lender and the provider of a payment and performance bond.
Judge in Mississippi remands a suit to state court because the notice of removal was filed with the bankruptcy clerk, not the district court clerk.
The Fifth Circuit is being asked to decide whether loan structuring can prevent a borrower from filing bankruptcy.