Delaware Judge Splits with New York by Upholding Reclamation Creditors’ Rights
Judge Walrath disagrees with Judges Lifland and Gonzales on reclamation rights.
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Equity Didn’t Help Broker Cheated Out of His Commission by Debtor
Bad result for a broker may have been avoided by raising other issues in the First Circuit.
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Preference May Be Offset by an Unpaid Administrative Claim, Judge Carey Rules
Automatic disallowance under Section 502(d) held not applicable to administrative claims.
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Third Circuit Precludes WARN Act Liability for Acquirers in Typical LBOs
Common ownership and management aren’t enough to prove ‘single employer’ liability.
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Class Claims Not Categorically Barred in Bankruptcy, Delaware Judge Rules
Failure to notice all class members was pivotal in permitting a class proof of claim.
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Creditors Lack Standing to Appeal in ‘No Asset’ Cases
Sometimes only priority creditors will have standing to appeal, Seventh Circuit says.
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Supreme Court Will Review Jevic to Rule on Structured Dismissals and Gift Plans
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Supreme Court Will Review Jevic to Rule on Structured Dismissals and Gift Plans
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Supreme Court Will Review Jevic to Rule on Structured Dismissals and Gift Plans
Having avoided chapter 11 cases, the high court will tackle a major reorganization issue.
Supreme Court Likely to Decide Whether ‘Structured Dismissals’ Are Permissible
Justices may rule on whether bankruptcy settlements can disregard Section 507 priorities.
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