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Supreme Court to Hear Oral Argument Today in Midland Funding v. Johnson
The Supreme Court will hear oral argument today in Midland Funding, LLC v. Johnson, No. 16-348, looking into:
(1) Whether the filing of an accurate proof of claim for an unextinguished time-barred debt in a bankruptcy proceeding violates the Fair Debt Collection Practices Act;
(2) whether the Bankruptcy Code, which governs the filing of proofs of claim in bankruptcy, precludes the application of the Fair Debt Collection Practices Act to the filing of an accurate proof of claim for an unextinguished time-barred debt.
Click here to review briefs, petitions and analysis of the case. ABI editor-at-large Bill Rochelle will be covering the oral argument to publish a special edition of Rochelle’s Daily Wire and provide a video recap via ABI’s Facebook page later in the day.
Preference Law Held Not to Have Extraterritorial Application
Orlando Developer Kuhn Files Bankruptcy with $22.8 Million in Debts
Once called the king of downtown Orlando, developer Cameron Kuhn filed for personal chapter 7 bankruptcy yesterday, the Orlando Sentinel reported today. He declared $22.8 million in liabilities to various corporations. Kuhn bought up more than 20 properties in Orlando by 2007, when real estate markets crashed and the Great Recession began. Over the years, Kuhn was best known as one of the developers who renovated the Church Street Station entertainment district, and cleared several blocks of land to build the massive Plaza office and condo complex on South Orange Ave. He previously filed bankruptcy for one of his companies related to the Plaza in 2010, declaring $10 million in debts and in assets.