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Tag Archives: Bankruptcy

No Recovery of Brokerage Account Assets (access required)

In this adversary proceeding arising out of the bankruptcy of debtor Derivium Capital LLC, the 4th Circuit upholds judgment against a consulting company, assignee of the bankruptcy trustee, that was attempting to recover as “fraudulent conveyances” assets transferred into debtor’s ...

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No Error in Denial of Nondebtor Releases (access required)

In this appeal by debtor National Heritage Foundation, the Alexandria U.S. District Court upholds the bankruptcy court’s decision that certain nondebtor release provisions of debtor’s fourth amended plan of reorganization were not warranted and should be severed from the reorganization ...

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Disbarment raises questions about reciprocal discipline (access required)

U.S. Bankruptcy Court - EDVA

For the second time in a dozen years, a Virginia State Bar discipline panel has struggled with whether Virginia lawyers should be forced to defend their VSB privileges based on suspension or revocation by federal authorities. The issue of so-called ...

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