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Splitting with the Ninth Circuit, the First Circuit holds that claims under the Takings Clause cannot be discharged in a municipal bankruptcy.

Foreclosing on cash doesn’t moot an appeal from the order modifying the automatic stay as to cash.

First Circuit rules that an order finding a stay violation must be appealed before the bankruptcy court grants an award of attorneys’ fees.

Even if a debtor has committed fraud, at least three creditors still must join an involuntary petition if the debtor has 12 or more creditors.

Puerto Rico’s toll road bonds don’t have statutory liens, circuit court rules.

Waiving the automatic stay and immediately closing a sale does not make Section 363(m) inapplicable.

First Circuit follows the Fourth Circuit’s Lubrizol and rejects the Seventh Circuit’s Sunbeam.

Minor dispute as to amount bars using a claim for filing an involuntary petition.