LexisNexis® Legal Newsroom
"I'll Sit This One Out" - Fifth Circuit Permits Secured Creditor to Disregard Chapter 11 Case

A few weeks ago in In re S. White Transportation [ an enhanced version of this opinion is available to lexis.com subscribers ], the U.S. Court of Appeals for the Fifth Circuit permitted a secured creditor that had indisputably received notice of the debtor’s chapter 11 case, but took no steps to...

Texas Judges Explore State Law on Liens and Homestead Exemptions

Much state law regarding liens and property rights emerges from the Bankruptcy Courts because they are frequently the first to confront novel issues. Two recent opinions from the Western District of Texas bankruptcy judges confirm this trend. In one case, Judge Tony Davis found that an option to acquire...