HSBC Bank USA v. Bank of New York Mellon Trust Co. (In re Bank of New England Corp.), No. 10-1456 (1st Cir. June 23, 2011)
Ruling:
Under New York law and New York custom and practice, a senior debt holder is not entitled to receive post-petition interest unless a subordination agreement expressly provides that the senior debt...
The Circuit Court affirmed the Bankruptcy Court’s revocation of the Chapter 7 Debtor’s discharge. Although the Debtor avoided making explicitly false statements to the Bankruptcy Court, the...
No. 10-1673 (1st Cir. 2011). Not for Publication in West's Federal Reporter.
Ruling:
The Bankruptcy Court did not abuse its discretion when it approved a settlement between the Bankruptcy Trustee and a third-party where the Trustee investigated Debtor's claims against the...
