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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May 29, 2015
by Richard G. Grant
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