Rochelle's Daily Wire

ABI Exclusive

October 5, 2018

Judge Furay interprets ‘disbursements’ not to include the daily sweep of a collection account in a revolving credit.

October 3, 2018

A claim must be disallowed on the validity of the debt before the associated lien can be voided under Section 506(d), the Ninth Circuit BAP holds.
A claim must be disallowed on the validity of the debt before the associated lien can be voided under Section 506(d), the Ninth Circuit BAP holds.

October 2, 2018

Already primed to rule on nonjudicial foreclosure, the Supreme Court might take cases involving contempt, the automatic stay and trademarks.
Already primed to rule on nonjudicial foreclosure, the Supreme Court might take cases involving contempt, the automatic stay and trademarks.

October 1, 2018

Jevic doesn’t mandate forcing professionals to disgorge interim allowances to achieve a pro rata distribution to administrative claimants in an administrative insolvency.
Jevic doesn’t mandate forcing professionals to disgorge interim allowances to achieve a pro rata distribution to administrative claimants in an administrative insolvency.

September 28, 2018

The addition of Section 362(b)(3) is held not to affect the ‘freeze rule’ with regard to lapsing security interests.
The addition of Section 362(b)(3) is held not to affect the ‘freeze rule’ with regard to lapsing security interests.

September 26, 2018

Judge Glenn in Manhattan straightens up some of the mess created when GM didn’t disclose ignition switch defects before confirmation.