In an opinion issued on Sept. 20 by the United States Bankruptcy Court for the District of New Mexico, Judge David T. Thuma held that the Rooker-Feldman doctrine does not prevent a bankruptcy court from determining whether the automatic stay applies to pending state court litigation. See In re Shook, Case No. 24-10724-t7 (Bankr. N.M. Sept. 20, 2024) [ECF No. 54].
In Matter of Imperial Petroleum Recovery Corp., 84 F.4th 264 (5th Cir. 2023), the Fifth Circuit was asked to address whether 28 U.S.C. § 1961(a) – the federal statute providing for post-judgment interest – applies in adversary proceedings even though 28 U.S.C. § 1961(a) doesn’t explicitly refer to bankruptcy courts.
In earlier posts, the Red Zone has discussed the Supreme Court’s ruling in Siegel v. Fitzgerald, 142 S. Ct. 1770 (2022), which held that increased U.S.
Introduction
In Matter of Texxon Petrochemicals, L.L.C., 67 F.4th 259 (5th Cir. 2023), the Fifth Circuit held that even if an appeal is equitably moot, the appellate court nonetheless has appellate jurisdiction to consider the merits of the appeal, without reaching the issue of equitable mootness.
Section 503(b)(9) Overview
On April 17, 2023, the Fifth Circuit Court of Appeals, in Matter of RE Palm Springs II, L.L.C., 2023 WL 2966520 (5th Cir. April 17, 2023), held that a senior lender who uses economic leverage and asserts its legal rights to squeeze out a junior lender remains a good faith purchaser entitled to declare an appeal moot based on a sale under section 363(m) of the Bankruptcy Code. Key to the Fifth Circuit’s opinion was the fact that the actions in question were disclosed to the bankruptcy court in advance of it making the section 363(m) finding.
Facts
Introduction - はじめに
2016年破産倒産法は、清算時における債権者の債務弁済を実現する仕組みを提供します。また、有担保債権者は優先的な債権回収が可能です。しかしながら、State Tax Officer v. Rainbow Papers Ltd.（Rainbow Papers Judgement）において、これを覆す判決が下されました。2003 年の Gujarat Value Added Tax Act（GVAT法）に基づいて発生する税金の請求について、政府に有利に設定された「担保権」により、税務当局は法の下の「有担保債権者」である、と判示したのです。再建計画が政府への法定納付金を除外している場合、法規定に準拠しているとは言えず、政府に対する拘束力は持たない、としました。
当該最高裁判所の判決は、破産倒産法の下の法定公課決済の優先順位という側面において、大きな懸念を抱かせるものとなりました。今回の記事では、当該判決が、破産倒産法の本来の目的およびその他の各種判例とどのように対照的であるかについて考察し、解説しています。
Brief facts - 概要
In a previous blog post from June 2022, we discussed the Tenth Circuit’s post-Sigel decision in John Q. Hammons Fall 2006 LLC v. U.S. Trustee (In re John Q. Hammons Fall 2006 LLC), 15 F.4th 1011 (10th Cir. Oct. 5, 2021), which held that the government must pay a refund to a Chapter 11 debtor based on what the debtor would have paid over the same time were the case in a Bankruptcy Administrator district.