Rochelle's Daily Wire

ABI Exclusive

April 9, 2018

Law v. Siegel allows exempting an asset that had not been scheduled.

April 5, 2018

Children were the initial transferees of tuition payments, thus giving schools the ‘good faith’ defense to fraudulent transfers.
Children were the initial transferees of tuition payments, thus giving schools the ‘good faith’ defense to fraudulent transfers.

April 3, 2018

Judicial estoppel requires ‘an effort to game the bankruptcy system.’
Judicial estoppel requires ‘an effort to game the bankruptcy system.’

March 30, 2018

Augie/Restivo problems are avoided by including opt-out provisions in a substantive consolidation chapter 11 plan.
Augie/Restivo problems are avoided by including opt-out provisions in a substantive consolidation chapter 11 plan.

March 28, 2018

Bankruptcy Judge Vyskocil holds that alter ego need not be alleged to recover from a corporation’s sole shareholder as the beneficiary of a fraudulent transfer.
Bankruptcy Judge Vyskocil holds that alter ego need not be alleged to recover from a corporation’s sole shareholder as the beneficiary of a fraudulent transfer.

March 27, 2018

The trustee for a bankrupt broker can ignore an individual customer’s request to transfer securities to a solvent broker and may instead transfer customer accounts in bulk.