Summary:

The Fourth Circuit has issued an unpublished opinion disposing of eight consolidated appeals arising from a contentious Chapter 11 bankruptcy filed by debtor Paul Schultz. While the opinion itself is brief, it reflects an important reality of bankruptcy litigation: there comes a point at which repeated motions, reconsideration requests, and duplicative appeals no longer advance the merits of a case.

The Case

Schultz filed a Chapter 11 case in the Eastern District of Virginia. During the case:

The Supreme Court's unanimous decision in Keathley v. Buddy Ayers Construction, Inc. may ultimately prove to be one of the most important consumer bankruptcy opinions of the decade—not because it answers every question about judicial estoppel, but because it refuses to allow lower courts to answer those questions with rigid presumptions.

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Attached are three criminal indictments  of bankruptcy debtors in North Carolina,  all of which largely relate  to undisclosed transfers or transactions after the filing of their bankruptcy.

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Mr. Rouse filed a Chapter 12 bankruptcy in November 2017, with a plan negotiated with his creditors, including Nutrien, being confirmed on May 23, 2017, with general unsecured creditors to receive $50,687.

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