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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Fifth Circuit: Chapter 11 Professional Liability Claims property of subsequent Chapter 7 Estate
In Cantu v. Stone (In re Cantu), Case No. 14-40762 (5th Cir. May 20, 2015), the Fifth Circuit ruled that a professional negligence claim that accrued during the pendency of the debtors’ Chapter 11 case was property of the Chapter 7 estate when the Chapter 11 case converted to Ch
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Fifth Circuit Affirms Absolute Priority Rule in Individual Chapter 11 Cases (May 29, 2013)
Fifth Circuit Affirms Absolute Priority Rule in Individual Chapter 11 Cases May 29, 2013 | In In re Lively, the Fifth Circuit affirmed the absolute priority rule in individual Chapter 11 Cases, adopting the “narrow view” established by other Circuits. In re Lively, 2013 WL
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