Friday, April 8, 2011

FindLaw Bankruptcy Law Summaries - April 04-April 08, 2011

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Bankruptcy Law

April 04-08, 2011 Weekly Bankruptcy Law Newsletter
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Bankruptcy Law

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Bankruptcy Law

United States Second Circuit, 04/08/2011
In Re: Parmalat Securities Litigation, No. 09-4302
In consolidated cases arising from the financial collapse of Parmalat Finanziaria, judgment of the district court denying motions for remand and abstention is affirmed in part and vacated in part where cases were properly removed, but court applied the wrong standard for determining timely adjudication for the purposes of 28 U.S.C. section 1334(c)(2). Read more...

United States Third Circuit, 04/04/2011
In re: Stanley Caterbone, No. 07-2151
In dispute involving the scope of federal court jurisdiction under 28 U.S.C. section 158(c)(2) and the Federal Rules of Bankruptcy Procedure where the question on appeal involves whether an untimely filing such as the one at issue deprives subsequent reviewing courts of jurisdiction over the appeal, judgment by district court is affirmed as modified because the prescribed section 158(c)(2) timeline within which an appeal from a bankruptcy court must be filed is mandatory and jurisdictional. Read more...

FindLaw includes summaries of all Supreme and Appellate Court slip opinions posted on the official Illinois Courts site. FindLaw summaries include opinions that have not yet been released for publication and may be subject to modification, correction or withdrawal. Check the Illinois Courts site to determine if a specific opinion has been released before relying on that case as precedent.

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