Petitioner Bradley Weston Taggart, a real estate developer, owned a twenty-five percent interest in Sherwood Park Business Center (“SPBC”). Lorenzen v. Taggart, 888 F.3d 438, 440 (9th Cir. 2018). In 2007, Taggart transferred his interest in SPBC to his...
bankruptcy
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Oral argument: Mar. 30, 2009
Appealed from: United States Court of Appeals, 2d Circuit (Feb. 15, 2008)
BANKRUPTCY, ASBESTOS, SETTLEMENT TRUSTS, INSURERS, MANVILLEIn 1986, a bankruptcy court issued a landmark confirmation order that...
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Section 524(g) of the Bankruptcy Code permits debtors with significant asbestos liabilities to channel claims into a trust established pursuant to Chapter 11 reorganization (called a “channeling injunction”). Truck Insurance Exchange v. Kaiser Gypsum...
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U.S. Bank National Association (“U.S. Bank”) is a creditor of Village at Lakeridge, LLC (“Lakeridge”) for a $10 million secured claim. U.S. Bank National Association v. Village at Lakeridge, 814 F.3d 993, 996 (9th Cir. 2016). Lakeridge is controlled by...
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In 1988, Respondent Francisco J. Espinosa borrowed $13,250 in student loans through the Federal Family Education Loan Program, which grants federally guaranteed loans. See Brief for Petitioner, United Student Aid Funds, Inc. at 2. In 1992, Espinosa...