New Cases For the Week of November 18, 2002 - November 22, 2002

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November 20, 2002

Case

Court

Holding

Thrifty Oil Co. v. Bank of America National Trust and Savings Association
(DBN Subscription Required)
9th Cir. "Termination damages" under an interest rate swap agreement, entered into between a lender and a borrower as part of a larger financing transaction, do not constitute unmatured interest disallowed under Section 502(b)(2) of the Bankruptcy Code
In re Thiara
(DBN Subscription Required)
9th Cir. BAP The mere intentional nature of conversion is insufficient to satisfy the requirement that the creditor must strictly prove subjective intent to injure to establish nondischargeability.

November 18, 2002

Case

Court

Holding

Choy v. Redland Insurance Company
(DBN Subscription Required)
Cal. App. 2d Plaintiff could not assert state tort remedies as means to avoid federal bankruptcy pre-emption.
In re Mehta
(DBN Subscription Required)
3rd Cir. A student's outstanding tuition balance at the university he was attending is an educational loan or benefit subject to the dischargeability standards of 11 USC 523(a)(8).
 
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