A federal judge vacated a bankruptcy court’s approval of joint counsel for four related debtors, ruling that an actual conflict of interest existed between landlord trusts and tenant operators over rent obligations.
A federal judge ruled that the automatic bankruptcy stay does not protect non-debtor management companies from a surety’s breach-of-contract lawsuit, even after the nursing homes they managed filed for Chapter 7 liquidation.
A Northern District of Illinois judge affirmed bankruptcy court rulings that voided engagement letters used by Chicago attorney Xiaoming Wu, finding the split-fee structure violated federal disclosure statutes by obscuring the true cost and scope of legal s...
A federal judge in Chicago affirmed that an attorney’s practice of requiring clients to sign two engagement letters—one before filing and one after—violated federal bankruptcy disclosure laws, wiping out his right to collect fees.
The Ninth Circuit, sitting en banc, has ruled that a Chapter 7 trustee accused of letting two Los Angeles estate properties deteriorate is not entitled to immunity, reviving a creditor's adversary proceeding.
A North Carolina veteran and federal employee argued that the bankruptcy means test shielded his plan from good-faith review — and a unanimous appeals panel held that the Code does not work that way.
A Kansas federal court sent an aviation services dispute back to state court after discovering the plaintiff had converted from a corporation to an LLC whose ownership chain runs through a New Mexico state pension board — and the judge used the occasion to...
Fat Brands Inc. has been ordered by the United States District Court for the Southern District of New York to file a response to Alagna Advisors LLC's notice of removal.
The Fourth Circuit reversed a district court’s dismissal of an individual Chapter 13 appeal, holding that the doctrine of equitable mootness is reserved for complex reorganizations and does not apply to simple, small-dollar consumer bankruptcy disputes.