Courts are split on the status of inherited claims as estate property.
Judge issues a tongue-lashing for a three-year reorganization that rewards lawyers but pays nothing so far to sexual abuse claimants.
Criminal forfeiture and bankruptcy protect different interests, district judge says.
Substantive consolidation and involuntary bankruptcy are equivalent, district judge holds.
Pleading hierarchical control is insufficient for substantive consolidation.
Judge resuscitates Petters suits to recover fictitious profits paid in a Ponzi scheme.
Petters bankruptcy spawns another monumental Ponzi scheme opinion.
To protect debtors from unscrupulous lenders, courts drive up the cost of chapter 13.
Exemptions are not always fixed on the date of filing.
Same facts on informal proofs of claim yield different results in different circuits.