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Summaries by Brendan Mockler

Needler v. IRS (In re Burival)

Citation:
8th Circuit - Case No. 10-6085
Ruling:
Since the debtor's lawyer appealed the motion to reconsider, the BAP held it would not review whether the order allowing the trustee to sell the property and pay the taxes as a surcharge against...
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Islamov v. Ungar (In re Ungar)

Citation:
8th Circuit Case No. 10-2395
Ruling:
(1) A creditor may be justified in relying on a debtor’s representations even though “[the creditor] made an investigation” but may “not turn a blind eye where a ‘patent’ falsity could...
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Consolidated Rail Corp. v. Ray

Citation:
DC Circuit Case No. 10-7029
Ruling:
The Rail Act does not preclude Conrail's (purchaser of former bankrupt company's assets) liability for an employee's exposure to asbestos where the exposure occurred prior to Conrail taking over...
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