Rochelle's Daily Wire

The parties judged the chapter 11 case a success, even though unsecured creditors got zilch.

Bankruptcy Judge Glenn hints that the lenders and the debtor should mediate tough questions about the enforceability of a $150 million ‘sale’ of future credit card receivables.

Fifth Circuit declines to create a circuit split on the ability of a coal producer to sell assets and protect the buyer from liability for retiree health benefits under the Coal Act.

Circuit split is eroding on the loss of a homestead exemption for failing to reinvest proceeds from a sale after filing.

Disclosing a lawsuit in the SOFA and discussing the suit with the trustee is no substitute for listing the suit among a debtor’s assets, the Ninth Circuit BAP says.

The expansive definition of a ‘financial institution’ allows fraudulent transfers to be structured so that no one will ever be held liable.

Sufficiently listing an asset anywhere in the schedules and SOFA will result in abandonment if the asset was not administered by the trustee, Utah district judge holds.

Lower courts are split on whether an exempt asset is included in the calculation of “projected disposable income” in chapter 13.

A mistake by a lawyer isn’t “deliberate” and therefore can’t be a judicial admission.

Two recent decisions by the 9th Circuit BAP seem in conflict on a chapter 13 debtor’s ability to retain appreciation in the value of assets.