Judge Declines to Apply ‘Earmarking’ Defense to a GM Lien Avoidance ‘Old’ GM lenders lose again while attempting to avoid the consequences of a $1.5 billion mistake. Judge Name - Do not use it. Martin Glenn Read more about Judge Declines to Apply ‘Earmarking’ Defense to a GM Lien Avoidance
Chicago Case May Resolve the Circuit Split on the New Value Defense Bankruptcy judge reluctantly follows precedent where the Seventh Circuit is in the minority on the new value defense. Judge Name - Do not use it. LaShonda A. Hunt Read more about Chicago Case May Resolve the Circuit Split on the New Value Defense
Two Circuits Agree on When Social Security Benefits Accrue The Third and Seventh Circuits agree on a concept that limits a debtor’s ability to recover accrued Social Security benefits that are set off before bankruptcy. Judge Name - Do not use it. Ilana D. Rovner Read more about Two Circuits Agree on When Social Security Benefits Accrue