Johnson & Johnson announced plans for a subsidiary to file a third bankruptcy to resolve thousands of talcum powder lawsuits as part of a “prepackaged” reorganization plan that […]
Bankruptcy – Cannabis – Proceeds
Listen to this article Where a Chapter 13 debtor proposed a plan that would have been funded with earnings from his employment at a cannabis dispensary, a U.S. […]
Bankruptcy – Misclassification – Intent
Listen to this article Where a defendant filed a Chapter 7 petition after being held liable in state court for misclassifying two plaintiffs as independent contractors rather than […]
Cannabis dispensary worker ineligible for bankruptcy relief under Ch. 13
Listen to this article The U.S. Bankruptcy Appellate Panel has found that an employee of a state-licensed cannabis business could not avail himself of Chapter 13 protection. The […]
Bankruptcy – Mortgage – Equitable estoppel
Listen to this article Where a plaintiff debtor has filed a complaint alleging violations of various state and federal consumer protection laws related to a mortgage loan, judgment […]
Bankruptcy – Preferential payments – Ordinary course of business
Listen to this article Where an adversary proceeding has been brought to recover transfers made by the debtor to the defendant during the 90-day period before the filing […]
Bankruptcy – Homestead – Resulting trust
Listen to this article Where two creditors have objected to a homestead exemption claimed by a debtor, that objection should be sustained because the debtor failed to meet […]
Bankruptcy – PACA – Trust
Listen to this article Where creditors have claimed that debts owed to them for the sale of produce are nondischargeable, the debtor is entitled to summary judgment on […]
Bankruptcy – Standing – Chapter 7
Listen to this article Where a U.S. Bankruptcy Court judge overruled a debtor’s objection to a proof of claim filed by the Massachusetts Department of Revenue, the debtor […]
What the bankruptcy of the Silicon Valley Bank means for our financial institutions
Many of us still get shivers down our spines when we hear about bank failures and bailouts. After all, it wasn’t even fifteen years ago when we experienced […]