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Inside ABI December 2017

Dec 2017

Topic Tags
Legislation
Practice and Procedure
Consumer Bankruptcy
International Insolvency
Puerto Rico

Legislative Highlights December 2017

Dec 2017

Topic Tags
Legislation
Consumer Bankruptcy
Consumer Debt
Chapter 12/Farm Cases
Puerto Rico

The Unlimited Wedding Ring Exemption Has Some Limits, Illinois Judge Says

Opinion traces the thousand-year history of wedding and engagement rings.

7th Circuit
Illinois
Illinois Northern District

Trustee’s Stated Intent to Abandon by Itself Won’t Allow a Debtor to Sell

Estate property must be formally abandoned before the power of sale reverts to the debtor.

2nd Circuit
New York
New York Southern District

Even ‘False’ Debts Are Discharged

Student loan lender’s argument was ‘preposterous,’ judge says.

5th Circuit
Texas
Texas Southern District

Tenth Circuit Direct Appeal to Decide Whether the Automatic Stay Is Really Automatic

Circuits are split on whether inaction is an ‘act’ that violates the automatic stay.

10th Circuit

“Substantial Contribution” Claim Allowed in Chapter 13

Split grows on whether ‘substantial contribution’ claims are limited to chapters 9 and 11.

6th Circuit
Michigan
Michigan Eastern District

Owning a Home Through an LLC Can Preclude a Homestead Exemption

State laws vary on allowing homestead status for a house owned through an LLC.

2nd Circuit
Vermont
Friday, November 17, 2017
Article Tags
Court Administration
Creditors' Committee
Plan Confirmation
Consumer Bankruptcy
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No Statute of Limitations for Suing on a Trustee’s Surety Bond

Removing and discharging a trustee are not synonymous, Houston judge rules.

5th Circuit
Texas
Texas Southern District
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