New Cases For the Week of April 14,
2003 - April 18, 2003
Brought to you by BKINFORMATION.COM
- The Source for Business Bankruptcy Information on the Internet
April
16, 2003
|
Case
|
Court
|
Holding
|
In
re Saxman
(DBN Subscription Required) |
9th
Cir. |
Bankruptcy
courts can partially discharge student
debt pursuant to equitable authority
stated in Bankruptcy Code 105(a). |
In
re Detrano
(DBN Subscription Required) |
2d
Cir. |
In
light of the Supreme Court's decision in
Archer v. Warner, 538 U.S. ___ (2003),
courts are to look beyond the contractual
nature of a settlement agreement to
determine whether an underlying debt was a
debt "for fraud or defalcation while
acting in a fiduciary capacity" as
defined by § 523(a)(4) |
In
re Montgomery Ward Holding Corp
(DBN Subscription Required) |
3d
Cir. |
The
bankruptcy court did not err in holding
that a casualty values provision in a
rejected equipment lease that required the
debtor to pay "liquidated
damages" that included an expected
profit to the lessor was a disguised in
terrorem penalty and was unenforceable. |
|
|
|
April
14, 2003
|
Case
|
Court
|
Holding
|
In
re Wood
(DBN Subscription Required) |
1st
Cir. |
Although
a debtor's worker's compensation claim was
inchoate and incapable of assertion until
the debtor was no longer working and until
her 'incapacity to work' was determined,
the contingent claim was nevertheless
property of her bankruptcy estate. |
|
|
|
|
|
|
|