05/22/2008 02:55:42 PM EST
Florida Dept. of Revenue v. Piccadilly Cafeterias, 128 S. Ct. 2326 (2008)
A debtor could not rely on 11 U.S.C.S. § 1146(a) to avoid a state revenue department's stamp taxes because the debtor had transferred its assets before its Chapter 11 plan was confirmed by the bankruptcy court; 11 U.S.C.S. § 1146(a) did not apply to pre-confirmation transfers.