August 8, 2016
$50,000 in punitive damages held excessive when actual damages were $1,500.
August 4, 2016
Automatic disallowance under Section 502(d) held not applicable to administrative claims.
3rd Circuit , Delaware ,
Automatic disallowance under Section 502(d) held not applicable to administrative claims.
3rd Circuit , Delaware ,
August 2, 2016
Pleading hierarchical control is insufficient for substantive consolidation.
8th Circuit , Minnesota ,
Pleading hierarchical control is insufficient for substantive consolidation.
8th Circuit , Minnesota ,
August 1, 2016
Common ownership and management aren’t enough to prove ‘single employer’ liability.
Former Bankruptcy Judge Gerber reversed in Lyondell for being too strict, then for being too lenient.
Former Bankruptcy Judge Gerber reversed in Lyondell for being too strict, then for being too lenient.
Common ownership and management aren’t enough to prove ‘single employer’ liability.
July 29, 2016
Seventh Circuit won’t immunize an LBO from fraudulent transfer just by using a bank conduit.