Wednesday, August 31, 2011

First Circuit -- City Sanitation, LLC v. Allied Waste Services of MA

The right to sue in tort cannot be passed to a secured creditor as proceeds of original collateral.  

Not stating the issue in a first-tier bankruptcy appeal waives it for subsequent appeals.

Bankruptcy settlement was within discretion of court.


City Sanitation, LLC v. Allied Waste Services of MA
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.