Welcome to Law.com Class Actions: Critical Mass, a weekly briefing for class action and mass tort attorneys. This week: Opening statements began on Tuesday in a two-week trial in Houston […]
Bankruptcy filings surge 14.2 percent as upward trend continues
Continuing an ongoing rebound after more than a decade of sharply dropping totals, bankruptcy filings in the United States rose 14.2 percent in the twelve-month period ending Dec. […]
Real property – Option to purchase – Bankruptcy
U.S. District Court Where a plaintiff has requested specific performance of its option to purchase land in Franklin, that request should be allowed, as the plaintiff acquired a […]
Bankruptcy – Dismissal – Stay pending appeal
U.S. District Court Where a debtor has filed a notice of appeal regarding the dismissal of its Chapter 11 bankruptcy case, the debtor’s emergency motion to stay the […]
Bankruptcy – Stay – Relief
Where appellants requested for relief from the automatic stay in order to continue a tort action against the debtor in the Puerto Rico courts, a U.S. Bankruptcy Court […]
Bankruptcy Judge Clears Path for Recovery in High-Profile Crypto Failure
U.S. Bankruptcy Judge Martin Glenn of the U.S. District Court for the Southern District of New York ruled that a lawsuit, in which the plaintiff alleged that Alex […]
Bankruptcy – Fraudulent transfers | Massachusetts Lawyers Weekly
U.S. Bankruptcy Court Where the Chapter 7 trustee has filed a complaint alleging fraudulent transfers, the defendant’s motion for summary judgment should be denied with respect to three […]
Bankruptcy – Lease – Rejection
U.S. Bankruptcy Court Where a Chapter 11 debtor in possession has rejected a commercial lease, payment of rent into escrow is appropriate, as it would be inequitable for […]
Bankruptcy – Homestead – Spouse
U.S. Bankruptcy Court Where a Chapter 13 debtor failed to identify his non-titled spouse on the debtor’s homestead declaration as required by the Massachusetts homestead exemption statute, G.L.c.. […]
Bankruptcy – Police power exception – Automatic stay
Where (1) an agency that regulates milk production and distribution revoked a debtor’s dairy license and ordered him to sell his milk production quota rights and (2) when […]