‘Old’ GM lenders lose again while attempting to avoid the consequences of a $1.5 billion mistake.
Bankruptcy judge reluctantly follows precedent where the Seventh Circuit is in the minority on the new value defense.
The Third and Seventh Circuits agree on a concept that limits a debtor’s ability to recover accrued Social Security benefits that are set off before bankruptcy.
Eleventh Circuit abandons the notion that new value must remain unpaid to offset a preference.
The Supreme Court’s BFP opinion on mortgage foreclosures held not applicable to tax foreclosures in New York.