In re: Robert Szczyporski, et al
Case Number:
21-1858
Court:
Nature of Suit:
2422 Bankruptcy Appeals Rule 28 USC 158
Government Agencies
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May 17, 2022
The Week In Bankruptcy: Purdue Bonus, PR Pension Appeal
Two dozen states objected to proposed bonus payments for the CEO of bankrupt drugmaker Purdue Pharma, the First Circuit declined to rehear an appeal over changes made to Puerto Rican teacher pensions as part of the island's restructuring, and Affordable Care Act penalties are taxes in bankruptcy court. This is the week in bankruptcy.
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May 11, 2022
3rd Circ. Rules ACA Payment A Tax In Bankruptcy Cases
The Third Circuit held Wednesday that a "shared responsibility payment" for individuals who do not maintain a minimum amount of health insurance coverage under the Affordable Care Act counts as a tax for bankruptcy purposes, the newest ruling on an issue with varying precedent nationwide.