Judge Rails Against Subchapter V Cases Taking as Long as ‘Regular’ Chapter 11s
An opinion by Denver’s Judge McNamara describes the four interpretations of Section 1189(b) and follows the meaning given to Section 1221.
Court:
Lucky Bucks Trustee Sues New Management, Seeking to Revoke Bankruptcy Plan
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Third Circuit Says: Bankruptcy Courts Have No Discretion to Deny Examiner Motions
Although examiners must be appointed on motion, the Third Circuit says that the bankruptcy court retains ‘broad discretion’ to fix the scope and cost of the investigation.
Court:
FTX Must Appoint Watchdog to Probe Reasons for Its Collapse, Judges Say
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Debt Purchaser Socked $65,000 for a Discharge Violation
Taggart doesn’t give more protection to a purchaser of debt than it does to the original creditor, Judge Scott Grossman says.
Law Firm Faces Lawsuit over Texas Bankruptcy Judge Saga
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Supreme Court Seems Disinclined to Pay Refunds for Overpayment of U.S. Trustee Fees
Several justices seemed to believe that ‘prospective relief’ is sufficient to remedy the due process violation because the alternatives are ineffective.
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