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Rochelle's Daily Wire

January 17, 2020

A creditor lost a dischargeability suit by failing to call the right witnesses to prove that a lawyer’s trust account was used to hide assets.

January 16, 2020

Filing a chapter 11 petition to obtain an automatic 60-day extension of a closing date is not a bad faith filing, Judge Bernstein says.

January 15, 2020

A later First Circuit BAP panel should follow BAP authority unless the prior opinion seems “dead wrong.”

January 14, 2020

Parting with some other bankruptcy courts, Judge Walrath upholds the constitutionality of the major increase in U.S. Trustee fees that was imposed on pending cases in early 2018.
Building on Bullard, the Supreme Court rules unanimously that a lift-stay motion is a “procedural unit” that’s appealable if the bankruptcy court “conclusively” denies the motion.

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 7, 2020

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

January 2, 2020

A PACA trust lacks the hallmarks of a trust, so a failure to pay a produce supplier doesn’t give rise to a nondischargeable debt for defalcation while acting in a fiduciary capacity, Judge Goldgar says.

December 30, 2019

Appeals court upholds finding that the mortgage securities market in 2007 was declining, not dysfunctional.

December 26, 2019

Fifth Circuit should decide en banc whether nondebtor releases are permissible in receiverships but not in bankruptcy cases.

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