2018 Increase in U.S. Trustee Fees Held Unconstitutional by the Supreme Court The Supreme Court’s unanimous opinion avoids saying whether the dual system of U.S. Trustees and Bankruptcy Administrators is itself unconstitutional. Read more about 2018 Increase in U.S. Trustee Fees Held Unconstitutional by the Supreme Court
Contingent Indemnification Brings an Automatic Stay in Chapter 9, First Circuit Says First Circuit won’t allow artful pleading to avoid the automatic stay in municipal bankruptcies. Read more about Contingent Indemnification Brings an Automatic Stay in Chapter 9, First Circuit Says
Sub V Has a Flexible Commitment Period in Cramdown, Ninth Circuit BAP Says Unlike chapters 12 and 13, the bankruptcy court in Subchapter V has discretion in selecting the commitment period for confirmation of a cramdown plan. Read more about Sub V Has a Flexible Commitment Period in Cramdown, Ninth Circuit BAP Says
First Circuit Upholds Confirmation of Puerto Rico’s Debt Adjustment Plan Federal preemption allowed rejection of the defined benefit pension plan for Puerto Rico’s teachers. Read more about First Circuit Upholds Confirmation of Puerto Rico’s Debt Adjustment Plan