In-Depth Info: Bankruptcy

[Newsedge BETA] Bankruptcies News

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Bankruptcy Law Case Summaries

[08/16] Bank of New York Mellon v. Watt
Dismissing an appeal from a district court order vacating the bankruptcy court's confirmation of a Chapter 13 plan because they lacked jurisdiction over an order of this sort, which is not a final order that might be appealed and the parties did not seek the forms of certification that would have provided jurisdiction.

[08/15] In Re Rick H. Reynolds
Reversing the decision of the Bankruptcy Appellate Panel following the California Supreme Court's opinion answering a certified question regarding whether the creditors of the beneficiary of a spendthrift trust may reach the trust distributions and holding that the bankruptcy estate is entitled to the full amount of distributions due to be paid as of the date of the bankruptcy petition, but not any portion needed for support or education as long as the trust so specifies.

[08/09] In Re Pedro Lopez Munoz
Affirming the bankruptcy court's decision denying a creditor's motion to appoint a trustee for the bankruptcy estate to replace the debtor in possession of the estate because the petitioner for trusteeship failed to bear the burden of establishing the appointment's necessity, given the facts of the case.

[08/08] Hayden v. HSBC Bank USA
Affirming the district court's dismissal for failure to state a claim in the case of a couple who defaulted on their home loan, filed bankruptcy, and argued that an assignment was invalid and that the mortgage was obsolete because the assignment claim was foreclosed by precedent and the obsolescence claim had no basis in statute or precedent.

[08/04] In Re AE Liquidation, Inc.
Affirming the judgments of the District and Bankruptcy court that an employer unaware of the likelihood of the closure of a business and the associated layoffs was not liable for failing to give its employees requisite notice under the Worker Adjustment and Retraining Notification Act.

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