On Bankruptcy and Mediation
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 →
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 →
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 →
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 →
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 →
By: Donald L Swanson The question of who owns “product line” successor liability claims is addressed and resolved in In re Whittaker Clark & Daniels, Inc., Case Nos. 24-2210 & 24-2211 (3rd Cir., decided September 10, 2025).## Facts The Whittaker Debtor processes, manufactures, and distributes industrial chemicals and minerals, including talc. Through a series of corporate... Continue Reading →
By: Donald L Swanson Even though a bankruptcy petition is improperly filed, the bankruptcy court still has subject matter jurisdiction over the case—but must dismiss it. That’s what the U.S. Third Circuit Court of Appeals declares in In re Whittaker Clark & Daniels, Inc., Case Nos. 24-2210 & 24-2211 (3rd Cir., decided September 10, 2025).## What... Continue Reading →
A scammer? (Photo by Marilyn Swanson) By: Donald L Swanson Every now and then, I say something like, “I’ve seen it all.” Then something happens, and I’m forced to admit, “Nope. I haven’t.” Here is one of those somethings—a bankruptcy-funding scam: United States v. Fenner, Case Nos. 23-2177 & 24-1089 at U.S. Court of Appeals for... Continue Reading →
Qualifications? (Photo by Marilyn Swanson) By: Donald L Swanson The opinion is PCC Rokita, S.A. v. HH Technology Corp. (In re HH Technology Corp.), Case No. 24-9002 (1st Cir.; decided July 24, 2025). The opinion begins like this (emphasis added): “Debtors initiate most bankruptcy cases. But sometimes, creditors are the initiators. Creditors initiate a bankruptcy case... Continue Reading →
Jurisdiction? (Photo by Marilyn Swanson) By: Donald L Swanson The question addressed by the U.S. Fourth Circuit Court of Appeals in its Bestwell v. Official Committee opinion[fn. 1] is this (emphasis added): Do federal courts have subject matter jurisdiction over bankruptcy cases involving solvent debtors? Its answer is: “Yes.” Some History I started practicing law in... Continue Reading →
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