Supreme Court to Rule on Waiver of Sovereign Immunity for Suits Under Section 544(b)(1)
To resolve a circuit split, the Supreme Court has agreed to decide whether a trustee can sue the government to recover a fraudulent transfer under state law when sovereign immunity would bar an ‘actual creditor’ from suing.
Court:
Benchnotes July 2024
Journal Issue:
Fourth Circuit Says Entireties Property Is Not Exempt from Tax Debt
The lack of perfection of a federal tax lien did not mean that the entireties interest was exempt under Section 522(b)(3).
Court:
IRS Stepping Up Efforts to Squash Fraud in Tax Credit Program
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IRS Sues FDIC over Silicon Valley Bank's $1.4 Billion Tax Debt
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IronNet Has Filed for Chapter 11
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