Courts May Create Trust Accounts to Pay Sub V Trustees and Other Admin Expenses The court can’t require a debtor to give a ‘retainer’ to a Subchapter V trustee, Judge Pearson says. Read more about Courts May Create Trust Accounts to Pay Sub V Trustees and Other Admin ExpensesLog in to post comments
State Law Lines Up with Federal Judicial Estoppel When Assets Aren’t Scheduled Oregon Supreme Court allows substitution of a bankruptcy trustee as the real party in interest because denial would chiefly punish the debtor’s creditors. Read more about State Law Lines Up with Federal Judicial Estoppel When Assets Aren’t Scheduled
Ninth Circuit Cited for Barring So-Called Critical Vendor Orders A bankruptcy judge in Oregon was unable to follow renowned Bankruptcy Judges ‘Burt’ Lifland and ‘Mike’ Lynn, who granted critical vendor motions. Read more about Ninth Circuit Cited for Barring So-Called Critical Vendor Orders
Electric Power Held Not to Be Goods with a 20-Day Priority Under Section 503(b)(9) An Oregon power company appears headed for the Ninth Circuit to decide whether electric power qualifies as “goods” to be accorded the 20-day priority. Read more about Electric Power Held Not to Be Goods with a 20-Day Priority Under Section 503(b)(9)
Student Loans Discharged in Part, Even Though Debtor Wasn’t Destitute A bankruptcy judge can afford little relief from student loans, even for sympathetic debtors who try hard to repay their debts. Read more about Student Loans Discharged in Part, Even Though Debtor Wasn’t Destitute
Fraud Isn’t the Only Ground for Revoking Chapter 13 Confirmation Court in the Ninth Circuit takes more flexible approach to revoking confirmation. Judge Name - Do not use it. Ann Aiken Read more about Fraud Isn’t the Only Ground for Revoking Chapter 13 Confirmation
Dischargeability Judgment Must Not Lower Interest on a Creditor’s Judgment Abuse of discretion automatically results if a judgment harms a defrauded creditor. Judge Name - Do not use it. Marco A. Hernandez Read more about Dischargeability Judgment Must Not Lower Interest on a Creditor’s Judgment
Debtors Not Sharing Fruits of Stay Violation Claim with Creditors Must Arbitrate You can’t stiff your creditors and profit from an inadvertent stay violation claim. Judge Name - Do not use it. Randall L. Dunn Read more about Debtors Not Sharing Fruits of Stay Violation Claim with Creditors Must Arbitrate
Arbitration Clause Nixes Class Suit for an Automatic Stay Violation Enforcing arbitration clause turns on core vs. non-core distinction. Judge Name - Do not use it. Michael H. Simon Read more about Arbitration Clause Nixes Class Suit for an Automatic Stay Violation