Introduction to Bankruptcy and Its Importance Bankruptcy is a legal process that provides individuals and businesses with a mechanism to manage staggering debts while allowing for a fresh […]
Bankruptcy – P&S agreement | Massachusetts Lawyers Weekly
U.S. Bankruptcy Court Listen to this article Where a debtor entered into a prepetition purchase and sale agreement, the agreement was not terminated prepetition, so the debtor must […]
Bankruptcy – Family trust – Sham
U.S. Bankruptcy Court Listen to this article Where the Chapter 7 trustee has asserted claims regarding the KG Family Trust, the trust was a sham, so its assets […]
Bankruptcy – Default judgment – Issue preclusion
Listen to this article Where (1) a creditor sought a determination that her state-court judgment against a Chapter 7 debtor was excepted from discharge, (2) the bankruptcy court […]
Bankruptcy – Settlement | Massachusetts Lawyers Weekly
U.S. District Court Listen to this article Where an appeal has been filed challenging a U.S. Bankruptcy Court judge’s decision to enforce a settlement agreement, the appeal should […]
Bankruptcy – Fraud – Note
U.S. Bankruptcy Court Listen to this article Where plaintiff creditors have alleged that the defendant debtor made false representations on which they relied when they entered into a […]
SCOTUS refines trustee’s power to claw back tax payments
Listen to this article In a case involving a bankruptcy trustee’s §544(b) action to claw back $145,000 shareholders in a failed Utah company misappropriated to pay their personal […]
Bankruptcy – Dismissal – Credit counseling
Listen to this article Where a U.S. Bankruptcy Court judge dismissed a debtor’s Chapter 7 case, that decision should be upheld because the judge did not clearly err […]
Bankruptcy – Extension – Automatic stay
Listen to this article Where a debtor filed a motion to extend the automatic stay, an order denying that motion should be upheld because the debtor — whose […]
Bankruptcy – Dismissal for cause – Loss or diminution
Listen to this article Where a U.S. Bankruptcy Court judge dismissed a Chapter 12 case on the basis of “continuing loss to or diminution of the estate” and […]