Bankruptcy judge can't strip protected assets, Supreme Court says | Business Information & News | Westlaw

Bankruptcy judge can't strip protected assets, Supreme Court says | Business Information & News | Westlaw

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3/5/14 REUTERS LEGAL 11:00:00
REUTERS LEGAL
Copyright © 2014 Thomson Reuters
March 5, 2014
Bankruptcy judge can't strip protected assets, Supreme Court says
Tom Hals
(Reuters) - The U.S. Supreme Court ruled on Tuesday that a bankruptcy judge overstepped his authority when he punished a debtor's fraudulent behavior by stripping him of assets that should have been protected from creditors.
The unanimous ruling in...
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News Subject: (Judicial Cases & Rulings (1JU36); Government (1GO80); U.S. Supreme Court (1US13); Government Institutions (1GO90); Legal (1LE33); Corporate Events (1CR05); National Judiciaries (1NA65); Bankruptcies (1BA08); Business Management (1BU42))
Region: (Americas (1AM92); Delaware (1DE13); USA (1US73); U.S. Mid-Atlantic Region (1MI18); North America (1NO39))
Language: EN
Other Indexing: (Matthew Hellman; Neal Katyal; Stephen Law; Antonin Scalia; Thomas Donovan Law; Craig Martin; Alfred Siegel; Thomas Donovan)
Keywords: bankruptcy (MCC:OEC); (N2:BKRT); (N2:US); (N2:BACT); (N2:AMERS); (subj:04016007); (subj:04016000); (N2:USA); (MCCL:OVR); (MCCL:OEC)
Word Count: 574
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