In re Heard, 2021 WL 3540412, (Bankr. D. Or. 2021) is a case in which a loan servicer mistakenly filed on inaccurate change notice in a Chapter 13 case Read more
Court affirmed award of attorneys' fees to third party beneficiaries of a contract with a prevailing party clause (Fee Applicants) after dismissal of a cross-complaint against them despite the fact that Fee Applicants were not parties to the contract and the award was based on tort, not contract claims. Read more
In TransUnion LLC v Ramirez, the United States Supreme Court held that a plaintiff must suffer a concrete injury to have Article III standing to pursue damages for a statutory violation in federal court. Read more
The United States District Court for the Southern District of New York (the “Court”) recently affirmed a bankruptcy court decision which held that a third party had no rights to assert a “cure claim” under the provisions of Bankruptcy Code section 365(b)(1) Read more
To assert a nondischargeability claim against the non-filing spouse of a bankruptcy debtor, a plaintiff must affirmatively obtain a nondishcargeability determination by commencing an adversary proceeding against that person within 60 days of the meeting of creditors. Read more
On September 17, 2021, in In re Purdue Pharma L.P., 2021 Bankr. LEXIS 2555 (Bankr. S.D.N.Y. 2021) (“Purdue 1”), United States Bankruptcy Judge Robert Drain confirmed the twelfth amended joint reorganization plan (“Plan”) of debtors Purdue Pharma, L.P. Read more
Court could entertain a class action for violation of the discharge injunction that included putative class members who received their chapter 7 discharges from other bankruptcy courts in other districts. Read more
Court granted motion by the media to unseal redacted filings pertaining to the investigation of potential claims against the Sackler family or their investment vehicles, ruling that the redacted material was not "commercial information" which was excepted from public disclosure under Bankruptcy Code section 107(a). Read more
Pension plan loans are bona fide debts outside of bankruptcy and therefore are recognized as such under the Bankruptcy Code; payments on account of pension loans are transfers and the plan trustee is the initial transferee. Read more
Court limited the application of the doctrine of equitable mootness in reviewing bankruptcy plan confirmation orders, holding that the "virtual unflagging obligation" of an Article III appellate court to exercise subject matter jurisdiction prevented it from ducking a federal question without a rigorous test of whether the review should proceed. Read more