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Rochelle's Daily Wire

March 9, 2020

Pending adversary proceedings don’t preclude a finding that the chapter 11 case has been ‘fully administered,’ thus allowing entry of a final decree and cutting off further fees owing to the U.S. Trustee Program.

February 25, 2020

High court rules that federal courts may make federal common law only to protect ‘uniquely’ federal interests.

February 24, 2020

Bankruptcy judge finds no statutory power for a chapter 13 trustee to prosecute a lawsuit that the debtor was judicially estopped for pursuing.

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A nonprecedential opinion applies Fifth Circuit authority to achieve a result that’s equitable for the debtor and creditors, and maybe also for a personal injury defendant.