The Eleventh Circuit Court of Appeals recently affirmed a lower court’s rulings that a Chapter 13 debtor’s trailer located on agricultural...
Debtor not precluded from claiming homestead exemption on trailer that violated county ordinance
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Bankruptcy News
Massachusetts court holds trustee can challenge transfers up to ten years old
In Chapter 7 bankruptcy cases, the trustee is empowered to take back money or property that was improperly removed by the debtor before...
Is Forever 21 the next major mall retailer preparing for bankruptcy?
During the last 12 months, the retail sector has already seen bankruptcy filings spike, with major retailers in a variety of sub-sectors...
Four new bankruptcy bills signed into law in August 2019
On August 23, four new bankruptcy bills were signed into law by President Trump. First, the Small Business Reorganization Act of 2019,...
In the Fourth Circuit lawsuit not precluded by debtor’s failure to disclose claim
U.S. Circuit Court Judge Pamela Harris wrote for a unanimous panel in Martineau v. Wier et al., and found that the district court erred by...
Subscription box service Loot Crate files Chapter 11 bankruptcy
In the online shopping world, subscription box services have exploded in popularity selling everything from personalized toys and treats...
U.S. coal company files for bankruptcy
Cloud Peak Energy, one of the United States’ coal giants, filed for Chapter 11 bankruptcy after quarterly financial filings revealed major...
Celebrity Chef Jamie Oliver’s UK restaurants declare bankruptcy
Twenty-two of Oliver's twenty-five restaurants will close and roughly 1,000 employees will lose their jobs years after the restaurant...
Lack of a third petitioning creditor leads First Circuit to reject “special circumstances” exception
The First Circuit Court of Appeals panel affirmed the decision of the U.S. Bankruptcy Court for the District of Puerto Rico to dismiss an...
Supreme Court hears arguments on post-bankruptcy debt collection penalties
On April 24, 2019, the Supreme Court heard arguments on whether creditors may be penalized for their good faith attempts to collect...
Supreme Court holds other party retains its rights when debtor “rejects” contract in bankruptcy
On May 20, 2019, the Supreme Court held that a debtor’s rejection of an executory contract under Section 365 of the Bankruptcy Code has...
Oregon woman cannot use bankruptcy because of federal marijuana ban according to Justice Department
The US Justice Department said that a woman who works for a staffing agency that recruits employees for the marijuana industry cannot use...
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