Bankruptcy Judge Sidesteps State Prohibition Against Ponzi Scheme Presumptions
Judge resuscitates Petters suits to recover fictitious profits paid in a Ponzi scheme.
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Substantive Consolidation Does Not Supply Actual Creditor for 544(b) Suit
Petters bankruptcy spawns another monumental Ponzi scheme opinion.
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Courts Disagree on Necessity for Court Approval of New Debt in Chapter 13
To protect debtors from unscrupulous lenders, courts drive up the cost of chapter 13.
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An Inherited Home Can Be Covered by the Homestead Exemption
Exemptions are not always fixed on the date of filing.
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Varying Standards on Informal Claims Beg for Resolution in the Supreme Court
Same facts on informal proofs of claim yield different results in different circuits.
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