The circuit court affirmed the district court’s decision to dismiss Plaintiffs’ appeal of a bankruptcy court order that approved a settlement between Debtor and Creditor. The appellate courts...
The U.S. Court of Appeals for the 8th Circuit found that the district court erred by declining to dismiss Debtor’s appeal as statutorily moot. Parties must stay the sale of a bankruptcy...
Section 363(m) of the Bankruptcy Code precludes judicial review of “nonconsensual third-party releases” authorized under the confirmed plan, as the insurance policy buyback was integral to the...
Settlement agreement involving release of the Trustee's claims against a prior owner, and a sale of claims to that prior owner's company to pursue claims against a different insider group, was...
Fifth Circuit affirmed ruling of U.S. District Court (SD Tx.) which affirmed bankruptcy court order approving sale of ship over objection of debtor's principal. Section 363(m) and objector's...
A creditor disputes last-minute modifications to the terms of a bankruptcy sale. The Court ruled that § 363(m) forecloses the creditor’s appeal because it failed to seek the required stay of the...