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Canada v. Sherman

Citation:
25-10548 (5th Circuit, Feb 11,2026) Published
Case Status:
Affirmed in part and Reversed in part
Ruling:
The Fifth Circuit certifies a question of state law to the Texas Supreme Court: Is an LLC membership interest exempt property in a federal bankruptcy proceeding, based on section 101.112 of the...
Judge(s):
Ho, Southwick, Willett
Tag(s):

HERLIHY V. DBMP, LLC

Citation:
24-2109 (4th Circuit, Feb 11,2026) Published
Case Status:
Affirmed
Ruling:
In a split decision, a panel of the United States Court of Appeals found that the Chapter 11 bankruptcy of a solvent entity created by the "Texas Two Step" was not a per se bad faith filing and...
Judge(s):
NIEMEYER, KING, and HARRIS, Circuit Judges
Tag(s):

WILSON, ET AL. V. JPMORGAN CHASE BANK, N.

Citation:
No. 24-6897 (9th Circuit, Feb 05,2026) Not Published
Case Status:
Dismissed
Ruling:
Ninth Circuit Court of Appeals dismissed the case for lack of jurisdiction under 28 U.S.C. §§ 1291, 1292, and 158(d)(1) finding that the order was not final because it did not "end the litigation...
Judge(s):
SCHROEDER, FRIEDLAND, and COLLINS
Tag(s):

DiBassie v. Reeves

Citation:
25-20170 (5th Circuit, Feb 03,2026) Not Published
Case Status:
Affirmed
Ruling:
The Debtor's former business partner had standing to seek a nondischargeable judgment against the Debtor arising from her embezzlement of funds from the LLC that they co-owned. The Court explicitly...
Judge(s):
Richman, Engelhardt, Wilson
Tag(s):

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