The pricey litigation funding agreement had not been disclosed to creditors before confirmation.
Just because an avoidance action is prepetition property under Section 541(a)(1) doesn’t mean that a lender can have a lien on the avoidance action as a general intangible, district judge says in affirming Bankruptcy Judge Thad Collins.
Aug 2025
Sept 2025
Selling a debtor’s claims must be structured to avoid champerty under state law.
Circuit Judge Edith Jones explains that the word ‘or’ in Section 550(a) doesn’t mean ‘and.’
Consent from administrative creditors provided grounds for approving DIP financing and a sale when the estate was administratively insolvent.