June 9, 2023 Bankruptcy Quiz
In Baker Botts v. ASARCO, the Supreme Court held that:
Section 330(a)(1) doesn't permit a Bankruptcy Court to award attorneys' fees for work performed in preparing or defending a fee application.
Section 330(a)(1) doesn't permit a Bankruptcy Court to award attorneys' fees for work performed in defending a fee application.
Section 330(a)(1) doesn't permit a Bankruptcy Court to award attorneys' fees for work performed in preparing, explaining, negotiating, or defending a fee application.
Section 330(a)(1) permits a Bankruptcy Court to award attorneys' fees for work performed in defending a fee application if the fee applicant's engagement letter with the Section 327 professional explicitly contemplates such fees.
What was Bullard v. Blue Hills Bank about?
Whether an order denying confirmation of a plan is a final order for appeal purposes.
Whether an order approving confirmation of a plan is a final order for appeal purposes.
Which of the following is true regarding Czyzewski v. Jevic Holding Corp.?
Structured dismissals are not permitted in Chapter 11 cases unless all administrative expense claims are paid in full as a condition for dismissal.
Structured dismissals are not permitted in Chapter 11 cases unless the United States Trustee and, if applicable, the Unsecured Creditors Committee, do not oppose the proposed dismissal.
Structured dismissals are permitted in Chapter 11 cases as long the proposed dismissal satisfies the Code's priority scheme or creditors affected by the proposed dismissal consent to the dismissal.
None of the Above
Which of the following cases deal with dischargeability issues under Section 523(a)(2)?
Lamar, Archer & Cofrin, LLP v. Appling
Husky Intern. Electronics, Inc. v. Ritz
All of the Above
None of the Above
In MOAC Mall Holdings LLC v. Transform Holdco LLC, the Supreme Court held that Section 363(m) is jurisdictional.
True
False
Which of the following summarizes the holding in Ritzen Group, Inc. v. Jackson Masonry, LLC?
Denial of a plan confirmation order is a final, immediately appealable order.
Denial of a stay relief motion is a final, immediately appealable order.
Denial of a plan confirmation order is not a final, immediately appealable order.
Denial of a stay relief motion is not a final, immediately appealable order.
Roman Catholic Archdiocese of San Juan, Puerto Rico v. Acevedo Feliciano dealt with which of the following:
The propriety of nunc pro tunc orders.
The eligibility of religious institutions for bankruptcy relief.
Whether the Bankruptcy Court had jurisdiction to enter a final order determining that the Roman Catholic and Apostolic Church in Puerto Rico was liable for pension plan termination liability.
The propriety of non-consensual third-party releases.
Taggart v. Lorenzen dealt with which of the following:
The propriety of structured dismissals.
The issue of due process sufficiency for an administrative claims bar date order.
The availability of civil contempt for discharge violations.
None of the Above
In Village at Lakeridge, the Supreme Court held that the Ninth Circuit erred in holding that a court's determination of non-statutory insider status is subject to clearly erroneous review.
True
False
In Wellness Intern. Network, Ltd. v. Sharif, the Supreme Court held that:
Consent to adjudication by a Bankruptcy Court of Stern claims must be express.
A party can waive its right to object to the adjudication by a Bankruptcy Court of Stern claims.
Consent to adjudication by a Bankruptcy Court of Stern claims need not be express as long as it is knowing and voluntary.
As long as there is a sufficient nexus between a Stern claim and accompanying core claims, a Bankruptcy Court can adjudicate the Stern claim, with or without a non-debtor defendant's consent.
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