Lesson 1. The home of two spouses generally is exempt from the bankruptcy estate (and thus is immune from foreclosure) if only one spouse owes the underlying debt.
Lesson 2. Mortgaged real estate is not immune from foreclosure simply because
SUPREME COURT CLARIFIES SECTION 9 IBC: UNCRYSTALLIZED DAMAGES FROM BREACH OF CONTRACT ARE NOT OPERATIONAL DEBT
INTRODUCTION
The Hon’ble Supreme Court of India recently addressed the crucial distinction between valid operational debts and unadjudicated damage claims under the Insolvency and Bankruptcy Code, 2016 (IBC). In Srinivasa Reddy Velagala v. Sravanthi Infratech Pvt. Ltd. (Civil Appeal No.
11th Circuit: Subchapter S Election is Not Property of the Bankruptcy Estate
Owoc v. Liquidating Trustee on Behalf of Liquidating Trust, — F.4th —-, 2026 WL 2294569 (11th Cir. August 10, 2026) (click for .pdf). The issue on appeal was whether a corporate debtor’s Subchapter S election constitutes property of
Lending Against Digital Assets: Five Key Takeaways for Lenders After a Year of Regulatory and UCC Change
What You Need to Know
Key takeaway #1: Bank regulators have shifted from prior approval to examination scrutiny. Banks no longer need supervisory nonobjection to lend against crypto collateral. Regulators are likely to focus their examinations on collateral operations, BSA/AML
Businessman can continue £20m law firm negligence claim
Johns: Businessman not to blame for delay in progressing case
A businessman can continue with a £20m counterclaim for negligence against a City law firm suing for fees of £194,000, but his bankrupt business partner cannot, the High Court has
Autonomía del crédito documentario: un fallo ‘salomónico’ tras 26 años de pleito
Autonomía del crédito documentario: un
fallo ‘salomónico’ tras 26 años de pleito
1. Introducción y marco de la litis
El fallo dictado
por la Sala A de la Cámara Nacional de Apelaciones en lo Comercial el 5 de
agosto
Serving notice to appoint an administrator to a qualifying floating charge holder outside the jurisdiction: the tension in the Insolvency Rules and the CPR (UK)
The court’s finding in Vybra Solutions Ltd, Re [2026] EWHC 1125 (CH) (“Re Vybra”) highlights a conflict between the Insolvency Rules 2016 (the “Rules”) and the CPR. The decision that permission to serve outside the jurisdiction was not needed does
The D&O Diary Podcast Series – Episode 5: Private Company D&O Claims
The latest episode of The D&O Diary Podcast is now available. Kevin LaCroix and Sarah Abrams are joined by their first podcast series guest, Marissa Streckfus, Vice President & Claims Manager at RT ProExec, to discuss the current private company
From Cheque Dishonour to Cross-Border Enforcement: Corporate, Commercial, and Regulatory Roundup July 2026
The Commercial Laws Roundup July 2026 brings together the month’s most significant developments across India’s commercial law landscape. This edition features important judgments from the Supreme Court, High Courts, the National Company Law Appellate Tribunal (NCLAT), and international courts on
Cal Western Law Seeks Business Law Faculty
California Western School of Law (CWSL) is seeking applications from entry-level or lateral candidates for 2-3 tenure track or tenured faculty positions. We especially invite applications from candidates with interests in business associations, commercial law topics (including bankruptcy and antitrust),