By: Donald L Swanson Business people value their reputations because they take pride in their good names, and “not for some nebulous financial gain.” They: are guided “by their consciences”; and avoid cheating and “keep promises” because they “believe it is right to do so, not because it is good business.” [Fn. 1] The internal drive... Continue Reading →
Precedential Value Of 1885 Supreme Court Opinion On Bankruptcy Discharge Issue? (Bartenwerfer v. Buckly)
Ancient tool with limited present value (photo by Marilyn Swanson) By Donald L. Swanson How much precedential value does an 1885 opinion of the U.S. Supreme Court deserve on a bankruptcy discharge issue? That’s a central question in the Petition for a Writ of Certiorari before the U.S. Supreme Court in Bartenwerfer v. Buckly, Case No.... Continue Reading →
Fruit Of A Rotten Tree: Bankruptcy Administrator Districts And U.S. Trustee Districts (Siegel v. Fitzgerald)
A healthy tree? (photo by Marilyn Swanson) By: Donald L Swanson Does a rotten tree produce good fruit? That’s the bankruptcy issue before the U.S. Supreme Court in Siegel v. Fitzgerald, where the Question is this: “Whether the Bankruptcy Judgeship Act violates the uniformity requirement of the Bankruptcy Clause by increasing quarterly fees solely in... Continue Reading →
Justice Breyer: Fighting To The End (Badgerow v. Walters)
By: Donald L Swanson Justice Stephen G. Breyer is set to retire from the U.S. Supreme Court in a few months. But he’s not easing into retirement. Instead, he’s out there swinging—fighting for his beliefs: trying to instruct / persuade current and future jurists on how the law should be applied. Justice Breyer’s latest punch is... Continue Reading →
Allowing Attorney Fee Applications, Or Not, in Bankruptcy (In re H.T.O. & In re Sylvester)
An well-worn path (photo by Marilyn Swanson) By: Donald L Swanson Question: What gets an attorney’s fee application allowed—or rejected—in bankruptcy? Short answer: The services, (i) must be “necessary,” and (ii) must require legal expertise. Two Recent Opinions Two recent opinions address this question: In re H.T.O. Architect, PLLC, Case No. 19-10915, SDNY Bankruptcy Court (issued... Continue Reading →
The Setting Of The Sun: Subchapter V Eligibility
SUNSET (photo by Marilyn Swanson) By Donald L. Swanson The sun has set. Yes it has. The $7,500,000 eligibility limit for Subchapter V expired yesterday (March 28, 2022), without action by Congress to extend it. Actually, the Subchapter V sun was set to set on March 27—but that’s a Sunday. So let’s give the benefit of... Continue Reading →
Second Circuit Says: SBA Can Deny PPP Funds To Bankruptcy Debtors (Springfield v. SBA)
The setting of the sun (photo by Marilyn Swanson) By Donald L. Swanson Here’s a vindication for the Small Business Administration’s discrimination against bankruptcy debtors: On March 16, 2022, the Second Circuit Court of Appeals reverses a Bankruptcy Court Order that prohibited the SBA from denying PPP funds to bankruptcy debtors. The opinion is Springfield Hospital,... Continue Reading →
Can A Pre-Bankruptcy Agreement Waive A Bankruptcy Discharge? (Arsenis v. Blue Cross)
Ignoring the issue? (photo by Marilyn Swanson) By: Donald L Swanson A Petition for certiorari is before the U.S. Supreme Court in Speech & Language Center, LLC, and Chryssoula Marinos-Arsenis v. Horizon Blue Cross Blue Shield of New Jersey (Case No. 21-1154, filed 2/16/2022). Petition’s Question The Question presented in the Petition is this: “Can parties... Continue Reading →
When “Unimpaired” =/= Pay In Full (In re Hertz)
Unimpaired (photo by Marilyn Swanson) By Donald L. Swanson Claims are “impaired,” unless the plan “leaves” their rights “unaltered.” § 1124(1). This rule is not as simple and unequivocal as it seems, according to an In re Hertz opinion. [Fn. 1] Here’s why. Plan Treatment of Unsecured Claims Claims of unsecured creditors in the Hertz bankruptcy... Continue Reading →
Which Deadline Controls A Post-Judgment Motion: 28 Days (Civ.P. 59) Or 14 Days (Bankr.P. 9023)? (Roy v. Canadian Pacific)
Fed.R.Bankr.P. 9023 & Fed.R.Civ.P. 59 By: Donald L Swanson Imagine this: a U.S. District Court enters judgment in a case that’s “related to” a bankruptcy, and we want to file a motion for new trial or to amend the judgment. So, which deadline applies to the motion: 28 days under Fed.R.Civ.P. 59(e); or14 days under Fed.R.Bankr.P.... Continue Reading →