Just Kidding–the Bankruptcy Court Doesn’t Really Have Jurisdiction After All

By | Zone of Insolvency | April 13, 2015
Just Kidding–the Bankruptcy Court Doesn’t Really Have Jurisdiction After All

In Nobel Group, Inc. v. Cathay Bank (In re Nobel Group, Inc.), the Bankruptcy Court for the Northern District of California reviewed the scope of its jurisdiction post-confirmation and held that, notwithstanding plan provisions stating the contrary, the court did not have jurisdiction over the reorganized debtor’s claims asserted against its previously secured creditor.