LexisNexis® Legal Newsroom
Parties Debate Rights To Bankruptcy Estate Assets Before Supreme Court

WASHINGTON, D.C. -- (Mealey's) The U.S. Supreme Court on Nov. 29 heard arguments over whether capital gains earned on the sale of a debtor couple's farm should be treated as administrative expenses within the bankruptcy estate or are proceeds to which the U.S. government has priority ( Hall v...

U.S. Supreme Court Hears Arguments In Case Of Debtor's Alleged Defalcation

WASHINGTON, D.C.- (Mealey's) The U.S. Supreme Court on March 18 heard oral arguments in a case involving a bank's claim that a debtor who had acted as trustee for his father's insurance trust acted recklessly and was guilty of defalcation for making loans to himself during the time he had...