Summary:

In one of the more consequential procedural rulings yet arising from the ongoing DBMP LLC “Texas Two-Step” bankruptcy, Judge Ashley Austin Edwards granted a stay pending appeal of her earlier privilege-waiver decision that had ordered disclosure of hundreds of allegedly privileged documents in the sprawling asbestos litigation surrounding DBMP and related entities.

Summary:

In Frew v. EMortgage Funding LLC, the Eastern District of North Carolina dismissed a pro se homeowner’s broad challenge to a residential foreclosure proceeding, rejecting claims under TILA, RESPA, FDCPA, RICO, and North Carolina consumer protection law.

Available at:  https://www.ablj.org/the-strong-arm-power-on-steroids-expanding-non-avoidance-trustee-claims-under-%C2%A7-544a1-vol-100-issue-1-html/

Introduction:

Available at SSRN: https://ssrn.com/abstract=6475198 or http://dx.doi.org/10.2139/ssrn.6475198

Summary: 

This is one of those articles that forces practitioners to stop, re-read the data, and ask whether what we think is happening in bankruptcy court is actually happening.

Professor Jason Iuliano examines more than 1,300 student loan adversary proceedings over a sixteen-year period and finds a striking—and recent—shift: women now outperform men in obtaining student loan discharges, particularly in the post-2022 DOJ/Department of Education guidance era.

Available at SSRN: https://ssrn.com/abstract=6497639 or http://dx.doi.org/10.2139/ssrn.6497639

SummaryIn Allianz v. BLV Ascend, the North Carolina Business Court (Chief Judge Michael Robinson) delivers a clean, practical ruling on a somewhat over-lawyered problem: whether a plaintiff needs court permission to dismiss a guaranty claim—and whether doing so might jeopardize an already-in-place receivership.

The short answer: no and no.

Summary:

In Smith Debnam Narron Drake Saintsing & Myers, LLP v. Muntjan, the North Carolina Supreme Court reversed the Court of Appeals and held that a series of informal emails satisfied the statute of frauds for a guaranty of another’s debt.