In the first opinion at the circuit level, the First Circuit latches onto the lousy drafting of Section 362(c)(3)(A) to end the automatic stay entirely, 30 days after the second filing within a year.
Section 1322(c) allows a debtor to cure a mortgage default so long as the foreclosure deed was not recorded before bankruptcy.
Courts split on allowing compensation to a chapter 7 trustee when the case is converted to chapter 13 before distributions were made.
Defining collateral by reference in a UCC-1 is held invalid in Puerto Rico’s bankruptcy.
Puerto Rico’s toll road bonds don’t have statutory liens, circuit court rules.
Two Boston judges agree: The 10% penalty for early withdrawals from a retirement account doesn’t have priority under Section 508(a)(8).
PROMESA’s authority is in the Territories Clause of the Constitution, District Judge Swain says.
Seven weeks apart, two circuits reach diametrically different conclusions about good faith as a defense to an intentional act that violates the discharge injunction.
On tough automatic stay cases, let the PROMESA judge decide.
Income is included in calculating CMI, even if it’s not ‘stable and regular.’