Split Heading to the Tenth Circuit on Sovereign Immunity for Section 544(b) Claims
The Tenth Circuit will likely take sides on a split between the Ninth and Seventh Circuits on Section 544(b) state-law claims brought by a trustee in the shoes of an actual creditor.
Court:
Civil Penalties for Defrauding Consumers Weren’t Discharged Under Section 1141(d)(6)(A)
Reversing the bankruptcy court, a district judge in New York held that a civil penalty wasn’t discharged even though the fraud wasn’t committed against the government.
Big 3 U.S. Drug Distributors, Johnson & Johnson Reach Landmark $26 Billion Opioid Settlement
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Oregon Utility CEO Warns of Possible Power Cuts This Fire Season
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130 Nations Agree to Support U.S. Proposal for Global Minimum Tax on Corporations
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CBO: U.S. Deficit to Hit $3 Trillion in 2021, Then Fade as Stimulus Relief Expires
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Sovereign Immunity Prevailed Because a Slot Machine License Isn’t ‘Property’
In Pennsylvania, a gaming license isn’t ‘property.’ It’s a revocable license that can’t be owned.
Court:
Supreme Court Backs Alaska Natives in Clash over COVID-19 Relief Funds
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Long Beach Takes Control of Queen Mary in Bankruptcy Court
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