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In this article, the authors discuss a decision by the U.S. Court of Appeals for the Seventh Circuit interpreting the Bankruptcy Code's definitions of "statutory lien" and "judicial lien"...
On April 21, 2022, the U.S. Circuit Court of Appeals for the Seventh Circuit issued a decision interpreting the Bankruptcy Code’s definitions of “statutory lien” and “judicial lien,”...
In This Issue: In In re Orexigen Therapeutics, Inc., 990 F.3d 748 (3d Cir. 2021), the U.S. Court of Appeals for the Third Circuit ruled as a matter of first impression that "triangular setoff" does not satisfy the Bankruptcy Code's "mutuality" requirement. Should Equitable Mootness Bar Appeals Only of Chapter 11 Plan Confirmation Orders? As demonstrated by a ruling recently handed down by the U.S. District Court for the Northern District of Texas, courts disagree on whether equitable mootness should apply only to appeals of plan confirmation orders. In Harden Healthcare LLC v. OLP Wyoming ...
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