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Wednesday, April 23, 2025

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Liability

Ruling that proceeds of a debtor’s liability are property of the bankruptcy estate, theFifth Circuit <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/08/Liability.pdf">affirmed</a></strong> Friday in the case of OGA Charters, which faces more than $400 million in claims from a 2016 bus crash in Texas that killed nine passengers and injured more than 40.

NEW ORLEANS — Ruling that proceeds of a debtor’s liability are property of the bankruptcy estate, theFifth Circuit affirmed Friday in the case of OGA Charters, which faces more than $400 million in claims from a 2016 bus crash in Texas that killed nine passengers and injured more than 40.

Categories / Appeals, Business

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