Rochelle's Daily Wire

A subordinate lender lacked appellate standing to appeal the annulment of the automatic stay in favor of a senior lender.

Impliedly overruling the law in five circuits, the Supreme Court changed the rules for deciding when a deadline is jurisdictional, the Sixth Circuit says.

Although ineligible on its own to be a debtor under subchapter V of chapter 11, the debt of the ineligible company is nonetheless aggregated with the debts of its affiliates to determine whether affiliates are eligible for subchapter V.

Creditors are entitled to ‘default interest’ when the debtor is solvent.

A cramdown plan can reduce the collateral coverage for secured creditors.

The Supreme Court is considering whether to review another case defining the safe harbor in Section 546(e).

Section 106 wasn’t sufficiently explicit to waive sovereign immunity for Indian tribes, Judge Frank Bailey said in siding with the Sixth Circuit and differing with the Ninth Circuit.

Judge Christopher Klein parses the burdens of proof on conversion, dismissal and right to a discharge for an individual in chapter 11.

Electing English law upheld, even though no one had any connection with the U.K.

Retroactive and nunc pro tunc orders aren’t the same thing, Judge Jaime says. Orders may be retroactive when the power is implied by statute.