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Hamilton v. Lanning, 2010 U.S. LEXIS 4568 (June 7, 2010)

LexisNexis Overview: "Forward looking" approach could be used in calculating "projected disposable income" (PDI) under 11 U.S.C.S. § 1325(b)(1)(B) as courts had discretion to account for known or virtually certain changes in a debtor's income. Use of Chapter 13 debtor's...

The Supreme Court's Holding in Hamilton v. Lanning, 2010 U.S. LEXIS 4568 (2010)

In this Emerging Issues Analysis, Professor Klee comments on the Court's ruling in Hamilton v. Lanning. Even when a statute contains a detailed and precise definition of a term or concept, the Court will construe the statute pragmatically to preserve judicial discretion to depart from the definition...

Highlights from the National Conference of Bankruptcy Judges Day 1

I am attending the National Conference of Bankruptcy Judges meeting in New Orleans this week. Here are some highlights. Lawrence P. King Award The Commercial Law League of America presented the Lawrence P. King Award to Judge Burton Lifland from the Southern District of New York. In his acceptance...