Supreme Court | Wellness | Stern v. Marshall

Supreme Court Will Review Jevic to Rule on Structured Dismissals and Gift Plans

Supreme Court Will Review Jevic to Rule on Structured Dismissals and Gift Plans The Supreme Court granted certiorari in Czyzewski v. Jevic Holding Corp. to decide whether bankruptcy courts are allowed to dismiss chapter 11 cases when property is distributed in a settlement that violat
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Supreme Court | Wellness | Stern v. Marshall

Supreme Court eliminates voiding of underwater second mortgages | June 1, 2015

In Bank of America, N.A. v. Caulkett, Case No. 13-1421 (June 1, 2015), the United States Supreme Court ruled that a second mortgage on an an “underwater” home — one with a mortgage balance exceeding its current value — cannot be voided during bankruptcy. Summary of Opinion
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