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Second Circuit Rules Private Student Loans May Be Discharged in Bankruptcy

On July 15, the U.S. Court of Appeals for the Second Circuit ruled that private student loans are not explicitly exempt from a debtor’s Chapter 7 bankruptcy discharge.

USA, Insolvency & Restructuring, Litigation, Troutman Pepper
“Birds of Prey” Argument Not Enough to Warrant Sanctions Against Law Firm Engaging in Alleged Serial Filing of TCPA Claims Arising From Bankruptcy Proceedings

A U.S. Bankruptcy Court has denied a creditor’s motion for sanctions against a law firm in the Middle District of Florida which the creditor alleged engaged in serial filings.

USA, Banking, Insolvency & Restructuring, Litigation, Telecoms, Troutman Pepper, Due diligence, Telephone Consumer Protection Act 1991 (USA), United States bankruptcy court