California Lawyers Association

Business Law Insolvency Law Committee

Updates from the BLS Insolvency Law Committee

Courts reach different conclusions on whether a debtor can transform a chapter 11 case to a Subchapter V case, turning on the court's view of debtor's integrity and a sensitivity to the remedial purposes of Subchapter V. Read more
Possession of an original mortgage note, endorsed in blank, creates a rebuttable presumption that the lender has standing to file a foreclosure action. Read more
Court affirms order adding alter ego entities to a judgment against a shell entity. Read more
The BAP affirms a bankruptcy court decision awarding a bank attorneys' fees and costs incurred in getting a chapter 13 case dismissed as a bad faith filing following debtor's unsuccessful 12-year litigation effort to forestall a foreclosure. Read more
Sustaining Demurrer Without Leave to Amend Is Appropriate When the Claim Is Based on an Oral "Loan Mod" Agreement. Read more
State’s Deduction of HQAF Assessments from Medi-Cal Payments Hospital Earned for Services During the Chapter 11 Case Was an Improper Setoff. Read more
Beneficial Interest in Real Estate Occupied by the Debtor Is a Sufficient Basis for a Homestead Exemption. Read more
Another Perspective – Creditor’s Refusal to Turnover Estate Property Obtained Prepetition Does Not Violate Automatic Stay Provisions of Section 362(a)(3). Read more
Subsequent Closure of Husband’s Case Caused Community Property to Transfer or Otherwise Vest with the Wife in Her Separate Bankruptcy Estate. Read more

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