By: Donald L Swanson Here’s a curious thing: an advisory opinion from a U.S. Circuit Court of Appeals on an issue for which there is no controversy and that is mostly academic. That’s exactly what we have in In re Whittaker Clark & Daniels, Inc., Case Nos. 24-2210 & 24-2211 (3rd Cir., decided September 10, 2025)(see... Continue Reading →
Can Bankruptcy Courts Ever Create a Federal Common Law Choice-Of-Law-Rule? (In re Whittaker–Part 4)
By: Donald L Swanson It’s not every day that the author of a Circuit Court opinion also authors a concurring opinion. But that’s exactly what happens here: In re Whittaker Clark & Daniels, Inc., Case Nos. 24-2210 & 24-2211 (3rd Cir., decided September 10, 2025).## Overview The issue in the concurring opinion deals with this question:... Continue Reading →
Equitable Tolling & Nondischargeability Filing Deadline (In re Osborn)
A place of equity? (Photo by Marilyn Swanson) By: Donald L Swanson I recently published this linked article on equitable tolling of a deadline for filing a dischargeability complaint or a motion to extend that deadline: Equitable Tolling & Due Process for Dischargeability Deadlines (TL90108 v. Ford). Here’s another opinion on that same subject with an... Continue Reading →
Failing To Prove “Intent” For “Embezzlement” Discharge Exception (In re Parker)
Intent? (Photo by Marilyn Swanson) By: Donald L. Swanson Here’s a refresher on the law of nondischargeability for “embezzlement” under § 523(a)(4): Martin v. Parker (In re Parker), Case No. 23-2084 (4th Cir., decided July 1, 2025). Facts Morton and Peggy cohabit for years without marrying. But they do sign a “Post Marital Agreement,” under... Continue Reading →
What Happens To A Tort Claim Upon Abandonment By The Chapter 7 Trustee? (Martineu v. Wier)
What happens to a rainbow? (Photo by Marilyn Swanson) By: Donald L. Swanson When a Chapter 7 bankruptcy trustee abandons the debtor’s tort claims, what happens to those tort claims? Such question is addressed in a recent opinion of the U.S. Fourth Circuit Court of Appeals,[fn. 1] by describing a prior bankruptcy ruling (Martineau v. Wier,... Continue Reading →
Fraudulent Transfer: What Does “Reasonably Equivalent Value” Mean? (In re White)
Are they all "reasonably equivalent"? (Photo by Marilyn Swanson) By: Donald L Swanson The opinion is Bird v. Wardley (In re White), Case No. 24-4033 (10th Cir., decided July 22, 2025). It addresses the meaning of the phrase “reasonably equivalent value” in the Uniform Fraudulent Transfer Act. Facts The In re White Debtor creates a start-up... Continue Reading →
Equitable Tolling & Due Process For Dischargeability Deadlines (TL90108 v. Ford)
A place of equity? (Photo by Marilyn Swanson) By: Donald L Swanson The opinion is TL90108 LLC v. Ford, Case No. 21-10456 (11th Cir., decided August 11, 2025). Facts A rare vehicle is stolen from the owner’s Milwaukee garage and shipped to Europe in 2001. The owner dies in 2005 while the vehicle is missing. An... Continue Reading →
Are Exculpations From Post-Petition Liability In Chapter 11 Plans Permissible? (Highland Management, at U.S. Supreme Court)
Exculpated? (photo by Marilyn Swanson) By: Donald L Swanson On June 9, 2025, Justice Alito rules, “denied,” on Debtor’s request for a stay pending appeal in: Highland Capital Management, L.P. v. NexPoint Advisors, L.P., Case No. 24A1154 at U.S. Supreme Court. That’s the second denial by the U.S. Supreme Court in the Highland Capital bankruptcy. The... Continue Reading →
§ 363(b) Sale: Standing Of A Bidder To Object? (In re Riddle)
Standing? (Photo by Marilyn Swanson) By: Donald L. Swanson Here’s an interesting case: In re Riddle, Case No. 23-10827, New Mexico Bankruptcy Court (decided August 15, 2025; Doc. 70). Facts Debtor has a car crash. Long story short: the Other Driver gets a $2,000,000 judgment against Debtor, and Debtor files Chapter 7 bankruptcy. Claims &... Continue Reading →
Involuntary Bankruptcy: Setting A Deadline For Additional Creditors To Join The Petition? (In re HH Technology)
They all joined in time? (Photo by Marilyn Swanson) By: Donald L Swanson Question: May a bankruptcy court establish a deadline for creditors to join a pending involuntary petition? Answer: Yes. Such question and answer are from this informative opinion: PCC Rokita, S.A. v. HH Technology Corp. (In re HH Technology Corp.), Case No. 24-9002 (1st... Continue Reading →