Bankruptcy Code Section 362 (k) authorizes the imposition of punitive damages for a willful violation of the automatic stay. In determining whether to impose punitive damages, several bankruptcy ...
A Nov. 14 opinion from the U.S. Bankruptcy Court for the District of Delaware provides a reminder of the potentially severe punishment that a party can suffer as a result of its violation of the ...
The Supreme Court will hear argument Tuesday in City of Chicago v. Fulton. The court originally scheduled Fulton for the April 2020 sitting but postponed the argument when the coronavirus pandemic ...
On Tuesday, the Supreme Court heard argument in City of Chicago v. Fulton via phone. The issue in this case is a narrow statutory question about how two sections of the U.S. Bankruptcy Code interact.
When a borrower files bankruptcy, lenders frequently try to have the court lift or modify the bankruptcy stay under Section 362 of the bankruptcy code so the lender may foreclose on the real estate ...
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