Posted: October 09, 2009.
The following oral arguments have been scheduled in the United States Supreme Court:
United Student Aid Funds v. Espinosa (08-1134):
Issue: Whether student loan creditor can conduct post-discharge collection where loan was discharged without Adversary Proceeding.
NACBA member Geoff Walsh is currently preparing an Amicus Brief for NACBA which will be filed in mid-October.
Argument date: Dec. 1
Schwab v. Reilly (08-538):
Issue: Whether trustee who fails to object to exemption may later sell the property upon learning its value exceeds the claimed exemption amount
NACBA filed an amicus brief in this case.
Argument date: Nov. 3
United States v. Milavetz (08-1225):
Issue: constitutionality of 526(a)(4), and whether bankruptcy attorneys are “debt relief agencies.”
NACBA filed an Amicus brief in this case.
Argument date: Dec. 1
In other news from the Amicus Project:
The case of Morantz v. Torjesen, (No 08-1266), was argued before the Ninth Circuit BAP, on September 25th. That case involves a challenge to the constitutionality of California’s bankruptcy-only exemptions. The same issue has also been submitted to the Ninth Circuit BAP on briefs in the case of Sticka v. Applebaum, (No. 09-1134).
NACBA and the Center for Responsible Lending, through NACBA member Christopher Burke, have filed an Amicus brief in the case of MERS v. Chong, No. 09-661 (D. Nev.) which addresses the issue of whether MERS has standing to seek relief from stay. The Trustee recently moved the court to dismiss all but two of the seventeen consolidated cases because "MERS failed to identify in its Certificate as to Interested Parties, the current beneficial owners of the notes and deeds of trust which are the subject of each of the appeals."
The Amicus Project also assisted the debtor’s counsel in Americredit Financial v. Penrod, (No. 08-60037) a negative equity case before the Ninth Circuit. The Debtor argued, among other things, that funds advanced to pay off negative equity for a trade-in vehicle do not constitute a purchase money obligation under the California Commercial Code. That case is calendared for oral argument on November 5.