Considers Radiance Capital Receivables Twelve LLC v. Campbell (In re Campbell) where the dischargeability of bankruptcy liens and contempt for violation were at issue.
For creditors dealing with debtors in the shadow of bankruptcy, a common scenario repeats itself. The creditor repossesses collateral, attaches an account, or sets off a bank account, and then the ...
A person in possession of a debtor’s property upon a bankruptcy filing now has more guidance from the Supreme Court as to the effect of the automatic stay. In City of Chicago, Illinois v. Fulton, 141 ...
Bethany D. Simmons and Noah Weingarten of Loeb & Loeb LLP examine a Delaware Bankruptcy Court decision over equipment financing on behalf of a debtor, highlighting the importance of financier ...
Miller is a bankruptcy case with underlying tax-related facts. In the case, a corporate debtor paid the personal tax debts of two of its corporate officers. The bankruptcy trustee brought suit against ...
The creditor protections afforded retirement accounts look to have taken another hit. In Lerbakken v. Sieloff and Associates, P.A., the U.S. Bankruptcy Appellate Panel for the Eighth Circuit recently ...
In a recent decision in In re Taing, the U.S. Bankruptcy Court for the District of Massachusetts held that a mortgagee holds a claim that could be modified by a Chapter 11 plan even if the debtor was ...
leverage that springs from an organized association of debtors, often in debt to shared creditors, to negotiate the terms and conditions of debt contracts, including the abolition of unjust debts the ...
The Assessing Officer inferred undisclosed loans by applying a notional interest rate to declared interest income. The Tribunal ruled that additions under section 69B cannot rest on assumptions ...
Andrew Lewis pays $320 a month on his student loans. Daniel Chung doesn’t know how much debt he’ll end up with on top of the $7,500 he already has. The rising college senior plans to go to law school, ...
Learn how the Paris Club, an informal group of creditor nations, resolves payment issues for debtor countries; gain insights ...