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Tag Archives: automatic stay

Assignee can set aside bankruptcy stay

The assignee of a security interest in a motor vehicle had standing to set aside the automatic stay in the borrower’s bankruptcy case, even though the assignment hadn’t been recorded in accordance with applicable state law, the 6th Circuit Bankruptcy ...

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Alter ego claim proceeds outside bankruptcy

The automatic stay in a corporation’s bankruptcy case did not prevent its owner from being sued by a creditor in state court under an alter ego theory, the California Court of Appeal has ruled in affirming a $292,000 judgment.

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