Schoenmann v. Bank of the West

(United States Ninth Circuit) – In an adversary proceeding brought by a chapter 7 bankruptcy trustee, the district court’s order affirming the bankruptcy court’s summary judgment in favor of the defendant is reversed where courts may account for hypothetical preference actions within a hypothetical chapter 7 liquidation when such an inquiry is factually warranted, is supported by appropriate evidence, and the action would not contravene an independent statutory provision.

Robinson v. Worley

(United States Fourth Circuit) – In a Chapter 7 bankruptcy appeal, the district court’s judgment affirming the bankruptcy court’s denial of debtor’s discharge under the false oath provision of 11 U.S.C. section 727(a)(4), is affirmed where that debtor intentionally lowballed his estimate of the value of his interest in a real estate investment company at just 4% of his initial capital contribution.