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Alert: Ninth Circuit announced a flury of decisions on Dec. 5, 1996 affecting real property rights & obligations of bankrupt debtors in California, including, avoidance of judicial liens on property, elimination of cross-collateral for secured loans, debtor-tenant's liability for fraudulant promises to their landlord, suspension of a debtor-broker's license for nonpayment of a debt in bankruptcy, and limits on a debtor's right to change a commercial lease.[In re Higgins, In re Lievsay, In re Lund, In re Turner, In re 240 North Brand Partners Ltd.] |
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