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November 23, 2009

Circuit Court of Appeals cases from Last Week

7th Circuit Court of Appeals, November 18, 2009
Boyer v. Crown Stock Distrib., Inc., --- F.3d ---, 2009 WL --------- (7th Cir. 2009)(judgment for trustee in fraudulent conveyance action is affirmed in part and reversed in part where: 1) bankruptcy court did not commit clear error in finding that the statutory condition for a fraudulent conveyance was satisfied; and 2) district court's ruling with respect to the dividend is reversed as the trustee is entitled to the dividend because it was an integral part of the leveraged buy-out)

9th Circuit Court of Appeals, November 20, 2009
Severo v. Comm'r of Int'l Rev., --- F.3d ---,  2009 WL ----------- (9th Cir. 2009)(IRS permitted to proceed with collection action relating to petitioners' 1990 tax liability because statute of limitations regarding collection was tolled during the pendency of petitioners' bankruptcy proceedings)

Thanks as always to Findlaw.com 

November 23, 2009 in Other Circuit Briefs | Permalink

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