Instead, the Fifth Circuit ruled, bankruptcy courts
have the flexibility to employ any valuation methodology that takes into account "the purpose of the valuation and the proposed use or disposition of the collateral at issue."
The newly created bankruptcy courts
were deemed to be a "unit of the district court[s]" of the United States.
In that case, the high court found that bankruptcy courts
can't enter judgment unless the dispute "stemmed from the bankruptcy itself" or would have to be resolved in the process of allowing claims against the bankruptcy estate.
for relief from the automatic stay, (3) the U.S.
is less crowded now than it has been in recent years.
(22) The Reform Act eliminated the referee system and created bankruptcy court
jurisdiction over all matters "arising in," "arising under," and "related to" a bankruptcy case under Title 11, creating new bankruptcy courts
to exercise this broad grant of jurisdiction.
The Seventh Circuit affirmed a bankruptcy court
's refusal to confirm a bankruptcy plan and its dismissal of the bankruptcy proceeding because the principal purpose was to avoid taxes.
The exception is federal bankruptcy courts
. United States bankruptcy courts
are the one example of courts operating solely as courts of equity.
for the Southern District of New York in 2002 to enforce the plan, saying that direct actions filed against the insurer evaded the confirmation order.
Plans are now being made to offer the video on the bankruptcy court
's Web site, at viewing stations at each federal courthouse housing bankruptcy courts
in the Middle District of Florida and at legal aid and pro bono program offices, including through Bay Area Legal Services.
Led by companies in the steel and airline sectors, cash-strapped corporations have used bankruptcy courts
to dump their pension responsibilities onto the PBGC, triggering a $22.8 billion deficit for the agency in fiscal 2005.
have ruled that assets in a retirement plan that benefits only the business owner (and or the sole owner's spouse) may be attached by creditors if the owner goes bankrupt.