In Salyersville Nat’l Bank v. Bailey (In re Bailey), 664 F.3d 1026 (6th Cir.
USA, Kentucky, Insolvency & Restructuring, Litigation, Frost Brown Todd LLP, Debtor, Unsecured debt, Collateral (finance), Debt, Unsecured creditor, United States bankruptcy court, Sixth Circuit
The United States Bankruptcy Court for the Northern District of Ohio recently held that under Ohio law, the homestead exemption set forth in Ohio Rev. Code Ann. § 2329.66 applies to contiguous parcels of land only if those parcels are used for a single purpose as the debtor’s homestead. In re Whitney, 459 B.R. 72 (Bankr. N.D. Ohio 2011).
USA, Ohio, Insolvency & Restructuring, Litigation, Real Estate, Frost Brown Todd LLP, United States bankruptcy court
The Supreme Court of Kentucky recently held that under Kentucky law, a security interest in a motor vehicle is not deemed perfected unless and until physical notation of the security interest is made on the certificate of title, pursuant to KRS 186A.190.
USA, Kentucky, Insolvency & Restructuring, Litigation, Frost Brown Todd LLP, Bankruptcy, Debtor, US Code, Kentucky Supreme Court