Reversing the bankruptcy court, a district judge ruled that a company may file in chapter 7 even when there are no operations and no assets aside from insurance.
Circuits are split on the date of transfer resulting from a garnishment.
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.
Claiming a firearm is owned for defense of the household raises the odds that the gun will be exempt as household goods.
Student’s entitlement to a refund determines whether a parent’s tuition payments are constructively fraudulent transfers.
Federal student loan proceeds were never the parents’ property and thus could not be recovered by a trustee.
A ‘cert’ petition is in the works to resolve the circuit split from Lubrizol regarding the rejection of trademark licenses.
Second Circuit primed to agree or split with three circuits on ‘chapter 20’ lien stripping.
District judge reads the tea leaves on Second Circuit standard for dismissal.