Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments

Supreme Court to consider IRS’s claim on pre-bankruptcy tax payments

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When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal Revenue Service is less clear. On Monday, the justices will consider whether the IRS is protected by sovereign immuinity from the requirement to return funds from insolvent debtors that private creditors face.

The case, United States v. Miller, involves Section 544(b) of the Bankruptcy Code, which … Read the rest

Justices to review Meta investors’ data-harvesting suit and Medicare payments calculation

Justices to review Meta investors’ data-harvesting suit and Medicare payments calculation

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The Supreme Court on Monday added two cases to its argument schedule for the 2024-25 term. In a list of orders from their private conference last week, the justices agreed to weigh in on a case involving the calculation of Medicare payments as well as a securities-fraud case against social media giant Meta.

The justices once again did not act on a group of petitions urging them to weigh in on the constitutionality of bans on gender-affirming care for … Read the rest

New Chapter 7 Trustee Payments Set to Begin

Bankruptcy courts will begin processing an additional $ 60 per case payment to eligible chapter 7 bankruptcy trustees for applicable cases filed or converted in fiscal year 2021. Applicable cases are chapter 7 cases filed on or after Jan. 12, 2021, through Sept. 30, 2021, or chapter 11, 12, or 13 cases filed on or after Jan. 12, 2021, that are subsequently converted to chapter 7, on or before Sept. 30, 2021.
Judiciary News – United States CourtsRead the rest