U.S. Courthouse for the Southern District of Texas-Houston. Credit: Google Plaintiffs Pitted Against Each Other as Insurance Settlement in Doubt
"Appellants' arguments that Texas law, not federal bankruptcy law, controls are incorrect. We find the pre-petition payment doesn't affect the debtor's equitable interest in them at the time the petition was filed," wrote Fifth Circuit Judge Stephen A. Higginson.
October 09, 2023 at 03:32 PM
3 minute read
The U.S. Court of Appeals for the Fifth Circuit ruled that a Stowers settlement, including attorney fees, can be considered the property of an estate in bankruptcy.
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