Bankruptcy – Jurisdiction – Debtor’s Settlement – Fraud Claims

By Deborah Elkins
Published: September 8, 2008

Although a Norfolk U.S. Bankruptcy Court has jurisdiction to interpret its own order that approved a settlement between plaintiff bank and defendant commercial debtor, a defunct sports merchandise marketer, the court has no subject matter jurisdiction to consider the bank’s state law fraud and civil conspiracy claims against debtor and its principals, and those claims ...

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