Views from the Bench
‘Preserved’ Liens Can Sometimes Be Worthless, Ninth Circuit Says
When a lien is undersecured, the avoided portion of the lien takes nothing through preservation until the unavoidable portion of the lien is paid in full.
Court:
A Discussion of Critical Issues and Practical Tips for the Subchapter V Trustee and Practitioner
Judge Explains Why Tax Liens Are Subordinated to Domestic Support Obligations
Congress decided to deviate from standard priorities by providing in Section 724 that unsecured domestic support obligations come ahead of tax liens.
Real Property Potpourri
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