Sat.Jul 17, 2021 - Fri.Jul 23, 2021

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New Court Ruling on Whether Avoidance Powers Require Benefit to Creditors

PBWT

See, e.g., 11 U.S.C. §§ June 11, 2021). The larger note is secured by Plaintiff’s property, but for unknown reasons, the security interest was not perfected until June 2020, 20 months after the buyout closed. §§ 544, 547–48. Glove, Inc. , 21-10172-T11, 2021 WL 2405399 (Bankr.

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District Court Reverses Bankruptcy Court Order Imposing Sanctions on Mortgage Servicer

Consumer Financial Services Law

The bankruptcy court order held mortgage servicer Newrez, LLC (“Newrez”) and the holder of the mortgage note at issue in civil contempt for failing to abide by the terms of the individual debtors’ confirmed chapter 11 plan (the “Plan”). Beckhart , 2020 U.S. Newrez, LLC v. Beckhart , No. 7:20-cv-00192-BO, 2021 U.S. July 6, 2021).