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    Eleventh Circuit Reaffirms its Prior Ruling that Debt Collectors who File Time-Barred Proofs of Claim are Subject to Liability Under the Fair Debt Collections Practices Act, and Further Concludes its Holding does not Place the FDCPA in Conflict with the B
    2016-08-02

    In 2014 the Eleventh Circuit held that a debt collector violates the Fair Debt Collections Practices Act when it filed a proof of claim in a chapter 13 case on a debt that it knows to be time-barred. Crawford v. LVNV Funding, LLC, 758 F.3d 1254 (11th Circ. 2014).

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Holland & Hart LLP, Federal preemption, Bankruptcy, Debtor, Statute of limitations, Federal Reporter, Debt, Collection agency, Unconscionability, Fair Debt Collection Practices Act 1977 (USA), Eleventh Circuit
    Location:
    USA
    Firm:
    Holland & Hart LLP
    Losing Both Ways: Debtor Diligence in the Identification of Claims
    2016-08-03

    Two recent cases serve as reminders the devil is truly in the details.

    Filed under:
    USA, Company & Commercial, Insolvency & Restructuring, Litigation, Bryan Cave Leighton Paisner (Bryan Cave), Bankruptcy, Debtor, Fiduciary, Liability (financial accounting), Liquidation, Subject-matter jurisdiction, General Motors, Second Circuit, United States bankruptcy court, US District Court for District of Delaware
    Authors:
    James Maloney
    Location:
    USA
    Firm:
    Bryan Cave Leighton Paisner (Bryan Cave)
    In re Beath
    2016-08-03

    (Bankr. S.D. Ind. July 29, 2016)

    The bankruptcy court denies the debtor’s motion to transfer venue of his chapter 7 bankruptcy case from the Terra Haute Division to the Evansville Division. The debtor failed to satisfy the standard set forth in 28 U.S.C. § 1412 for venue transfer. The debtor’s travel time to each court location was virtually the same, and thus Evansville was no more convenient than Terra Haute. Further, there was no showing that the interests of justice would be better served by the transfer. Opinion below.

    Judge: Graham

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Stoll Keenon Ogden PLLC, Debtor, United States bankruptcy court
    Authors:
    Matt Lindblom
    Location:
    USA
    Firm:
    Stoll Keenon Ogden PLLC
    Missouri Commercial Receivership Act Creates a New Statutory Scheme Which Presents a More Robust Remedy
    2016-08-03

    The Missouri Commercial Receivership Act (MCRA), passed by the Missouri legislature and just signed into law by Governor Nixon, becomes effective Aug. 28, 2016. It expands, clarifies and fleshes out the existing minimal receivership statute. The MCRA (Sections 515.500 through 515.665 of MO Senate Bill No. 578) outlines a new standardized system for receivership administration under the auspices of the Missouri courts.

    Filed under:
    USA, Missouri, Insolvency & Restructuring, Litigation, Real Estate, Stinson LLP, Bankruptcy, Debtor, Interest, Debt, Personal property, Pro rata
    Authors:
    John G. Young, Jr.
    Location:
    USA
    Firm:
    Stinson LLP
    Akeley v. Hudson (In re Hudson)
    2016-08-03

    (Bankr. W.D. Ky. Aug. 2, 2016)

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Stoll Keenon Ogden PLLC, Debtor, Misrepresentation, US Code, United States bankruptcy court
    Authors:
    Matt Lindblom
    Location:
    USA
    Firm:
    Stoll Keenon Ogden PLLC
    You Get a Car! You Get a Car! Bankruptcy Court Gives Debtor a Car. Unsecured Creditors Get Nothing
    2016-08-05

    So, a ruling came out in June that we in The Bankruptcy Cave have been dying to blog about (and not just so we can use the blog title above). Forgive the delay – heavy workloads and summer vacations often preclude timely blog posts. But this one is a doozy, better late than never on this blog post.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Bryan Cave Leighton Paisner (Bryan Cave), Bankruptcy, Debtor, Unsecured debt, United States bankruptcy court
    Authors:
    Mark I. Duedall
    Location:
    USA
    Firm:
    Bryan Cave Leighton Paisner (Bryan Cave)
    Real Property & Title Insurance Update: Week Ending July 29, 2016
    2016-08-01

    REAL PROPERTY UPDATE

    Filed under:
    USA, Florida, Banking, Insolvency & Restructuring, Insurance, Litigation, Real Estate, Carlton Fields, Debtor, Mortgage loan, Foreclosure
    Location:
    USA
    Firm:
    Carlton Fields
    FTI Consulting, Inc. v. Merit Management Group, LP
    2016-07-29

    (7th Cir. July 28, 2016)

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Stoll Keenon Ogden PLLC, Debtor, Safe harbor (law), Limited liability partnership, US Code, Trustee, Seventh Circuit
    Authors:
    Matt Lindblom
    Location:
    USA
    Firm:
    Stoll Keenon Ogden PLLC
    Zeiden v. Griswold (In re Wierzbicki)
    2016-07-29

    (7th Cir. July 27, 2016)

    The Seventh Circuit affirms the bankruptcy court’s order finding that the debtor’s prepetition transfer of a farm to the defendant was a fraudulent transfer subject to avoidance. The debtor transferred the farm in exchange for the defendant’s agreement to abandon litigation he had brought against the debtor. The bankruptcy court found that the debtor did not receive reasonably equivalent value in exchange for the farm. Opinion below.

    Per Curiam

    Defendant: Pro Se

    Attorney for Trustee: Brenda L. Zeddun

    Filed under:
    USA, Insolvency & Restructuring, Litigation, White Collar Crime, Stoll Keenon Ogden PLLC, Bankruptcy, Debtor, Trustee, United States bankruptcy court, Seventh Circuit
    Authors:
    Matt Lindblom
    Location:
    USA
    Firm:
    Stoll Keenon Ogden PLLC
    Eleventh Circuit’s Liberal Reading of Bonner Mall a Game Changer for Class Actions?
    2016-07-29

    An Eleventh Circuit panel recently vacated two district court orders after sending the parties to mediation, and after the parties’ conditioned settlement on vacatur of the orders. In Hartford Casualty Insurance Company v. Crum & Forster Specialty Insurance Company, after being ordered to mediation a second time by the appellate panel, the parties reached a settlement contingent on the district court’s vacating its orders on summary judgment and attorney’s fees.

    Filed under:
    USA, Arbitration & ADR, Insolvency & Restructuring, Litigation, Carlton Fields, Debtor, Class action, Vacated judgment, Ninth Circuit, Eleventh Circuit
    Authors:
    Ben V. Seessel
    Location:
    USA
    Firm:
    Carlton Fields

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