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New Cases For the Week of February 25, 2002 -
March 1, 2002
Brought to you by BKINFORMATION.COM
- The Source for Business Bankruptcy Information on the Internet
February
26, 2002
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Case
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Court
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Holding
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In
re Kolich
(DBN Subscription Required) |
8th Cir.
BAP |
A
debtor is entitled to avoid, under 11 USC 522(f), a junior
lien encumbering a homestead when the aggregate of senior
liens consumes all of the value in the homestead. |
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February
27, 2002
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Case
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Court
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Holding
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In
re Orso
(DBN Subscription Required) |
5th Cir. |
Reversing
a panel decision, the en banc court holds that the proceeds of
annuity contracts purchased by obligors to fulfill a personal
injury settlement are exempt. |
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