USA, ET AL V. ROBERT MACKENZIE

• Summarized by Bradley Pearce , Pearce Law PLLC
• 1 year 5 months ago

Citation:

23-15825 (9th Circuit, Sep 03,2024) Published

Case Status:

Reversed and Remanded

Ruling:

Avoidance under 11 U.S.C. § 724(a) of the portion of a tax lien for penalties does not alter the priority of the amount of the tax authority's unavoided lien claim against the proceeds of the...

Judge(s):

Susan P. Graber, Roopali H. Desai, and Ana de Alba, Circuit Judges

Tag(s):

• 9th Circuit
• Bankruptcy Process and Procedure
• Claims
• 105(a)
• 724(a)
• 551

Harold Jones v. The Brand Law Firm (In re: Alice Belmonte)

• Summarized by Nascine Howell , Seyfarth Shaw LLP
• 6 years 7 months ago

Citation:

No. 18-2098 (2nd Circuit, Jul 25,2019) Published

Case Status:

Affirmed

Ruling:

The Second Circuit Court of Appeals affirmed the bankruptcy court’s decision, finding that the trustee’s recovery of a portion of the proceeds from the debtor’s unauthorized post-petition...

Judge(s):

Calabresi, Lynch and Lohier, Circuit Judges

Tag(s):

• 2nd Circuit
• Bankruptcy Process and Procedure
• Bankruptcy Litigation
• Fraud
• Fraudulent Transfers
• § 546
• 11 U.S.C § 549
• 11 U.S.C § 550
• 551

Hooshim, et al. v. Wolkowitz (In re Kim)

• Summarized by David Hercher , U.S. Bankruptcy Court, District of Oregon
• 9 years 9 months ago

Citation:

In re Kim, No. CC-15-1273-TaKuF (9th Cir. B.A.P. May 2, 2016). Not-for-publication memorandum.

Ruling:

A trustee may not avoid a lien as a fraudulent transfer after selling the property subject to (i.e., not free and clear of) the lien.

Judge(s):

Laura S. Taylor, Frank L. Kurtz, and Robert J. Farris, Bankruptcy Appellate Panel Judges.

Tag(s):

• 9th Circuit
• Asset Sales
• Bankruptcy Litigation
• Fraudulent Transfers
• 11 U.S.C § 550
• 551

Official Committee of Unsecured Creditors of Motors Liquidation Co. v. JP Morgan Chase Bank (In re Motors Liquidation Co.)

• Summarized by Stephen Falanga , Walsh Pizzi O'Reilly Falanga LLP
• 11 years 1 month ago

Citation:

2015 U.S. App. LEXIS 859 (2nd Cir. Jan. 21, 2015)

Ruling:

A secured party's authorization to file a UCC-3 termination statement of a UCC-1 Financing Statement filed under the Article 9 of the Uniform Commercial Code (UCC) is all that is required to...

Judge(s):

Winter, Wesley and Carney

Tag(s):

• 2nd Circuit
• Claims
• Finance and Banking
• Creditors' Committee
• Preferences
• Uniform Commercial Code/Article 9
• 11 U.S.C § 544
• 547
• 549
• 550
• 551

DeGiacomo v. Traverse (In re Traverse)

• Summarized by Guy Moss ,
• 11 years 9 months ago

Citation:

United States Court of Appeals for the First Circuit, No. 13-9002 (May 23, 2014)

Ruling:

Reversing the lower courts, the First Circuit concluded that when an undefaulted mortgage lien is avoided and preserved for the benefit of the Estate under Code sec. 551, and when the value of the...

Judge(s):

Torruella, Howard and Kayatta

Tag(s):

• 1st Circuit
• Consumer Bankruptcy
• Asset Sales
• Mortgage
• 363
• 522
• 551

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