This is a new feature on A Texas Bankruptcy Lawyers Blog. Whenever I hear about Section 363 sales in Texas, I will mention them here to try to get the word out. Please feel free to send me any sales you are involved in or happen to hear about.
Case No. 15-10003; WBH Energy, Ltd.; Western District of Texas, Austin Division
Bidding Procedures Order: Dkt. #361; 5/11/15
Assets to be Sold: Oil and gas interests in the Barnett Combo Play of the Fort Worth Basin
Thursday, June 25, 2015
Friday, June 05, 2015
Fifth Circuit Report: April-May 2015
At the same time that
the Supreme Court was busy ruling upon its bankruptcy cases for the term, the
Fifth Circuit was active as well. There were so many cases in April, that it took me two months to summarize them. Over
the course of April and May, the Court decided no less than sixteen cases with
bankruptcy implications. These include
cases relating to civil contempt, post-judgment remedies being granted
pre-judgment, the conclusion of the BPRE
case and important opinions on property of the estate, attorney’s fees,
discharge and dischargeability. There
are also four cases involving disputes between homeowners and lenders,
including two where the homeowner’s claim was revived on appeal. There is enough substance here, including in the unpublished opinions, to keep a lot of lawyers and judges reading for a long time.
Tuesday, June 02, 2015
Supreme Court Extends Dewsnup But Suggests They Really Don't Care for the Decision
The Supreme Court extended the holding of Dewsnup v. Timm, 502 U.S. 410 (1992) to a fully unsecured junior lien in a chapter 7 case. However, the Court suggested in a footnote that they are ready to reconsider the underlying precedent. This suggests that the Petitioners may have lost because they were not bold enough in challenging Dewsnup. Bank of America v. Caulkett, No. 13-1421 (6/1/15).
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