Finding no basis for reverse veil-piercing or substantive consolidation with a non-debtor entity, the Sixth Circuit BAP affirmed the decision of the Bankruptcy Court for the Eastern District of...
Debtors [Individuals filing under Chapter 7 for relief with respect to the "Means Testing" pursuant to 11 U.S.C. 707(b) ] are entitled to the full National and Local Standard amount for a...
Held that the district court did not abuse its discretion in affirming the bankruptcy court’s denial of the motion to extend time.
NNN Realty’s interpretation of “Borrower” as limited to all borrowing entities collectively creates various absurdities throughout the Guaranty—so much so that the interpretation...
In a pithy opinion by Judge Posner, the Court found that applicable New York law prohibits a party from obtaining the benefits of a contract while failing to shoulder the burdens of that...
The Bankruptcy Court abused its discretion in denying the debtor's motion to reopen his chapter 7 case, pursuant to section 350(b), based solely upon the passage of time, where the debtor...
Affirmed entry of consent order by the District Court. Found that District Court has jurisdiction to enter consent order related to clarification of "marshaled reoveries." Found that...
9th Cir. BAP affirmed order converting Chapter 11 case to Chapter 7 as a bad faith filing to avoid entry of state court embezzlement judgment.
