In determining the amount of fees to award a professional under § 330 of the Bankruptcy Code, courts are not limited to the “lodestar” approach (time spent multiplied by hourly rate). Rather...
Summarized by Andrew Johnson , Onsager | Fletcher | Johnson | Palmer LLC
14 years 3 months ago
Citation:
11-083
Ruling:
A three judge panel of the Bankruptcy Appellate Panel for the Tenth Circuit (the “BAP”) affirmed the confirmation of a chapter 12 plan of reorganization over the objection of an over-secured...
Summarized by Megan Adeyemo , Gordon Rees Scully Mansukhani, LLP
14 years 3 months ago
Citation:
No. 11-1096, 2012 U.S. App. LEXIS 3710
Ruling:
The 10th Circuit held that it did not have jurisdiction to review the BAP's decision granting relief from stay because the decision was not designated in Ms. Evans' notice of appeal. In addition,...
The 10th Circuit Court of Appeals ruled in favor of creditor Bank of America ("BAC" or "Creditor"), as successor in interest to Countrywide Financial, affirming the judgment of the district court.
Summarized by Andrew Johnson , Onsager | Fletcher | Johnson | Palmer LLC
14 years 4 months ago
Citation:
11-4092
Ruling:
Securitization and pooling of a mortgage that names MERS as the beneficiary does not prevent the beneficiary named in the mortgage from initiating a foreclosure under Utah law.
The Tenth Circuit held that Deutsche Bank failed to establish that it was a "party in interest" for purposes of obtaining relief from the automatic stay. The Bank did not prove that it had actual...
The District Court orders granting the Defendants' 12(b)(6) motions were affirmed. Initially, the 10th Circuit address two procedural arguments raised by the Defendants. In one of the cases, the...
Summarized by Andrew Johnson , Onsager | Fletcher | Johnson | Palmer LLC
14 years 6 months ago
Citation:
10-1363
Ruling:
In this Fair Debt Collection Practices Act (FDCPA) case, the Tenth Circuit affirmed judgment for the defendant, debt-collector, General Revenue Corp. (GRC) on two issues.
First, the Tenth...
Judge(s):
Kelly and Gilman (Sixth Circuit Judge sitting by designation); Lucero (filing written dissent on both issues).
Summarized by Aletheia Allen , New Mexico Court of Appeals
14 years 6 months ago
Citation:
United States v. Moser, 5:09-CR-40086-CM-1
Ruling:
The Court affirmed a jury conviction and sentencing for bankruptcy fraud. The first portion of the opinion is dedicated to Multiplicitous counts--those based on the same criminal behavior. The...