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Rochelle's Daily Wire

February 19, 2020

Lawyers leaving a bankrupt firm are not required to pay over profits on hourly matters they take to their new firms.

February 18, 2020

Failure to respond to a well-pleaded complaint implies consent for the bankruptcy court to enter final judgment in an avoidance action, Judge Glenn rules.

February 17, 2020

The bankruptcy court had ‘core’ jurisdiction over a dispute between two nondebtor third parties because the litigation involved the interpretation of a financing order.

February 13, 2020

The 2005 amendments to Section 546(c) departed from state law under UCC § 2-702 by creating a federal rule making reclamation claims subordinate to existing secured claims and DIP financing.

January 22, 2020

The general rule in Langenkamp calling for the waiver of Seventh Amendment rights prevails over the unique facts of a case.

January 13, 2020

Supreme Court let a First Circuit opinion stand that barred bondholders from compelling payment during Puerto Rico’s restructuring under PROMESA.

January 10, 2020

A nonprecedential opinion applies Fifth Circuit authority to achieve a result that’s equitable for the debtor and creditors, and maybe also for a personal injury defendant.

January 8, 2020

Sovereign immunity required dismissal of a suit to recover the value of a gambling license because the suit wasn’t an ancillary exercise of the bankruptcy court’s in rem jurisdiction over a res.

January 7, 2020

The Supreme Court’s Merit Management opinion fails to persuade the Second Circuit to change the result in Tribune.

January 3, 2020

A contempt hearing fell under the ‘criminal’ exception to the automatic stay, but jailing a debtor to coerce payment of a prepetition debt violated the stay, Judge Grossman ruled.

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