Season 2, Episode 3

Cases

1. Developments on Arbitration Harris

Financial Firms Watch, Wait on CFPB Move to Limit Arbitration

Hayes v. Delbert Svcs. Corp., 4th Cir., No. 11-cv-01170,

Portfolio Recovery Associates LLC v. Dixon, 2016 BL 23974

Flagg v. First Premier Bank, 2016 BL 50321

2. Chapter 11 Professionals’ Fees

In re Boomerang Tube, Inc., 2016 BL 25129

3. Treatment of Junior Liens

Chagolla v. JP Morgan Chase Bank,N.A., 2016 BL 42771,

Whispering Woods Condo. Ass'n v. Rones (In re Rones), 2016 BL 44093

Castellanos Grp. Law Firm, LLC v. FDIC (In re MJS Las Croabas Props., Inc.), 2016 BL 45728

4. Puerto Rico:

Puerto Rico Governor Reiterates Warning of Debt Moratorium

Puerto Rico Said to Risk ‘Dangerous Precedent' on Pensions

Puerto Rico's Top Adviser Debates Bond Insurer on Bankruptcy

Hatch Demands Audited Financials From Puerto Rico

Puerto Rico May Default Without Deal or Congress Help

House Republicans Lean Toward Oversight for Puerto Rico

Puerto Rico Faces Prospect of Financial Control Board

5. Other Notable Cases/Developments

SCOTUS Ponders ‘Actual Fraud' in Bankruptcy Discharge

House Judiciary Committee approves H.R. 2947, the Financial Institution Bankruptcy Act of 2016, by 25-0 vote

Bates v. CitiMortgage, Inc., 2016 BL 37771

U.S. Bank, N.A. v. The Vill. at Lakeridge, LLC, 2016 BL 34129

Zachary v. Cal. Bank & Tr., 2016 BL 22570, 9th Cir., No. 13-16402