Circuit Split Widens Sovereign Immunity for Section 544(b) Claims
The circuits are now split 2/1 on the waiver of sovereign immunity under Section 544(b) for lawsuits by a trustee based on claims that could have been made by an actual creditor.
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Rhode Island Reaches $107M Opioid Settlements with Teva and Allergan
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Sri Lanka Bondholders Tap Legal Adviser for Sovereign-Debt Restructuring Talks
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Global Economy Sinks Deeper Into Turmoil as Fed Prepares to Raise Rates
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Vermont's $36 Million Settlement with Purdue Pharma and Sacklers Moves Ahead
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Embattled Federal Reserve Pick Raskin Withdraws Nomination
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Discharging Student Loans Puts Bankruptcy Judges in Untenable Positions
Bankruptcy judges are required to predict the unknown and the unknowable when deciding how much debtors can repay in student loans.
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U.S. to Spend $725 Million This year on Abandoned Coal Mine Cleanup
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Debtor Can’t Avoid and Preserve a Lien for Tax Penalties for the Debtor’s Benefit
A trustee can avoid and preserve a tax lien for the benefit of unsecured creditors, but a debtor can’t if the debtor hasn’t paid the taxes, the Ninth Circuit says.
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Dependence on Parental Financial Assistance Meant Student Loans Were Dischargeable
The opinion by Judge Silverstein contains numerous sound bites for judges and debtors aiming to discharge student loans owed by individuals living in desperate circumstances.
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