SAN FRANCISCO - A divided Ninth Circuit U.S. Court of Appeals panel ruled Feb. 27 that a state court judgment for damages against a debtor is a valid claim in bankruptcy court and is not subject to bona fide dispute for purposes of 11 U.S. Code Section 303(b)(1) (Georges Marciano v. Steven Chapnick, et al. $(In Re: Georges Marciano$), No. 11-60070, Chapter 11, 9th Cir.)....(read more)![]()
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