business Cases
December 4, 2018
A tenant with a rejected lease retains ‘recoupment’ rights in addition to the protections in Section 365(h).
November 30, 2018
A lawyer was personally assessed $257,000 in sanctions for failure to disclose that his client had sold its $14 million claim.
November 28, 2018
3rd Circuit , Delaware ,
Delaware district judge reads Supreme Court’s Travelers opinion as requiring the allowance of post-petition contractual claims for attorneys’ fees.
November 26, 2018
A reversal in the Second Circuit would mean that trustees can recover from subsequent recipients of fraudulent transfers, even if the subsequent transfers were made abroad.
November 20, 2018
Lease-approval order held moot under Section 363(m) for lack of a stay pending appeal.
November 19, 2018
3rd Circuit , Delaware ,
A triangular setoff, valid under state law, is unenforceable in bankruptcy under Section 553(a).
November 15, 2018
8th Circuit , Nebraska ,
Super priority claims are not created under Section 503(b) and therefore don’t take a back seat to chapter 7 administrative claims.
November 14, 2018
Judge Vyskocil denounces an involuntary petition as an attempt by senior, fully secured noteholders to profit at the expense of subordinate noteholders.
November 9, 2018
Florida judge finds no duty to investigate suspicions of fraud when even the auditors had been duped.
November 6, 2018
An Alabama statute designed to aid wrongful death claimants ends up hurting them in Chrysler’s bankruptcy.