Posts Tagged ‘claim

9th Circuit affirms dismissal of late abuse claim against Oregon archdiocese

An alleged victim of priest sexual abuse in the 1950s has failed to convince a federal appeals court that he did not wait too long to make a claim for money damages against the bankruptcy estate of the archdiocese of Portland in Oregon.
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Florida bankruptcy attorney faces suspension over claim objections

A Miami attorney who filed claim objections for two Chapter 13 debtors allegedly without conducting a reasonable investigation into their validity is facing a 31-day suspension from practicing before the U.S. Bankruptcy Court for the Southern District of Florida.

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WaMu loses bid to toss, subordinate $49 million hedge fund claim

A Delaware bankruptcy judge has ruled that a hedge fund can press its $ 49 million unsecured creditor claim against Washington Mutual’s holding company over mortgage-backed securities that the fund bought from the insolvent bank’s subsidiaries.
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WaMu loses bid to toss, subordinate $49 million hedge fund claim

A Delaware bankruptcy judge has ruled that a hedge fund can press its $ 49 million unsecured creditor claim against Washington Mutual’s holding company over mortgage-backed securities that the fund bought from the insolvent bank’s subsidiaries.
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7th Circuit finds no tort claim priority against Chapter 7 debtor in ‘novel’ decision

A tort claimant injured by the actions of a Chapter 7 debtor during the interval between the appointment of a trustee and liquidation does not hold an administrative claim against the bankruptcy estate, a federal appeals panel in Illinois has ruled.
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Dreier trustee wants to settle telecom avoidance claim

The trustee for disgraced lawyer Marc Dreier’s law firm is asking a federal bankruptcy judge to approve a settlement that would reduce by $ 40 million a telecommunications company’s claim to litigation proceeds the firm recovered on its behalf but later allegedly misappropriated.

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