(United States Fifth Circuit) – Held that an energy company’s Chapter 11 bankruptcy plan did not entitle a class of lenders to $30 million in post-petition default interest. Affirmed the rulings below.
(United States Supreme Court) – Clarified the circumstances in which a court may hold a creditor in civil contempt for attempting to collect a debt that a bankruptcy discharge order has immunized from collection. Held that there should be "no fair ground of doubt" that the order barred the creditor’s conduct. Justice Breyer delivered the opinion for a unanimous Court.
(United States Fifth Circuit) – In the bankruptcy proceeding of an investment business that had committed securities fraud, revived some of the bankruptcy trustee’s claims against individuals and entities that referred potential investors in exchange for sales commissions. Reversed a dismissal in relevant part.