PROMESA Didn’t Enjoin Damages Suit Against Puerto Rico Government Official
Courts are reluctant to employ PROMESA as a shield against suits involving government administration.
Court:
Criminal Restitutions Are Not Recoverable as Preferences, Judge Agresti Says
Restitution payment does not qualify for the new value preference defense.
No Contempt on Discharge Violation of Nondischargeable Debt, Circuit Says
Eighth Circuit says orders reducing nondischargeable claims may not be binding on the creditor.
Court:
Russian Bankruptcy Given Chapter 15 Recognition Despite Allegations of Corruption
‘Disinterestedness’ doesn’t apply to a foreign representative in chapter 15.
Co-Conspirator’s Intent Is Enough for Nondischargeability, Fifth Circuit Holds
A ‘no harm, no foul’ stay violation is harmless error.
Court: