Current Events with Bill Rochelle (and Guests!)
Revlon Says: Creditors Lack Standing to Assert Claims of ‘General Interest to the Estate’
A creditor with ‘derivative’ claims based on preference or fraudulent transfer can’t convert them to ‘direct’ claims by asking for equitable relief.
Current Events with Bill Rochelle (and Guests!)
Date of a Garnishment Order Doesn’t Matter for Preferences, Seventh Circuit Says
Circuit Judge Frank Easterbrook tersely held that the Supreme Court’s Barnhill opinion overruled prior Seventh Circuit precedent.
Court:
Strict Rule Compliance Not Required for Serving a Complaint, Circuit Says
The Bankruptcy Rules for serving a summons and complaint are not jurisdictional, Eighth Circuit says.
Court: