En Banc, Ninth Circuit Holds: Only ‘True Sales’ of Receivables Comply with PACA
Ninth Circuit reverses its own precedent and eliminates a circuit split by favoring farmers.
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Arresting the Debtor During Mediation Is a Very Big No-No
How to ruin a good case: have your adversary arrested during mediation.
California District Judge Requires Property in the U.S. to File Chapter 15
A security retainer held by a foreign liquidator’s U.S. counsel satisfies the chapter 15 requirement of property in the U.S.
CFPB Suit in District Court Immune from Transfer to Bankruptcy Court
Courts split on which change of venue statute applies to ‘related to’ suits in district court.
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Ninth Circuit Holds that One Accepting Class in Joint Plan Is Sufficient
A secured creditor making the 1111(b) election is not automatically entitled to a due-on-sale clause paying the claim in full if the property is sold after confirmation.
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Repaying an Avoided Transfer Doesn’t Always Result in an Allowed Claim
Repaying a fraudulent transfer won’t elevate a disallowed claim to allowed status.
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Portions of Rule 4004 Violate the Rules Enabling Act, Bankruptcy Judge Klein Says
Objection is not required to bar a discharge to an individual who received a chapter 7 discharge within eight years.
Judge Refuses to Vacate Opinion Socking a Bank with $40 Million in ‘Punies’
California judge won’t bar the debtor from settling for more than the original $6 million in compensatory damages while forsaking $40 million in punitive damages earmarked for public interest groups.
BAP Upholds $119,000 in Contempt Sanctions; Tells Lender to Modify Its Forms
Lender cannot hide behind a disclaimer to avoid sanctions for violating the discharge injunction, Ninth Circuit BAP holds.
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BAP Declines to Rule on Waiver Resulting from Election to ‘Surrender’
Mortgage lender fails to export the Eleventh Circuit’s Failla decision to the Ninth Circuit.
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