The Fifth Circuit held that a trial court must decide whether a $13 million payment from bankrupt Cox Operating to GOL covered any part of the $2.7 million owed to Seacor.
The court held the appeal moot under the Bankruptcy Code because Johnson & Johnson bought the rights in good faith and the insurers never obtained a stay of the sale.
Texas Capital Bank's lien securing over $28 million in bankruptcy loans to Reverse Mortgage Funding fell when Ginnie Mae extinguished the borrower's rights, the court held.
A 2-1 panel ruled that a district court judgment on a withdrawn adversary proceeding can be immediately appealed even while core bankruptcy matters continue.
Panel finds clear and convincing evidence that fund filed baseless claim, then tried to escape discovery while preserving claims for another forum.
The Seventh Circuit affirmed the Small Business Administration's use of a $20 million corporate-group cap to limit loan forgiveness for commonly controlled nursing homes that received pandemic-era PPP funds.
A 42-state coalition reached an $18 million settlement with 23andMe’s bankruptcy trustee over allegations tied to the genetic-testing company’s 2023 data breach, according to Washington’s attorney general.
New York Attorney General Letitia James said a bipartisan multistate coalition secured payments and new data-security requirements after a breach affecting millions of 23andMe customers.
The Supreme Court held that Rule 60's reasonable-time deadline applies even when a litigant argues a judgment is void.
The panel said landowners' challenge to a 15% administrative fee on interest from court-held condemnation funds was void because it ran into Puerto Rico's Title III automatic stay.