In a nonprecedential opinion, the Fifth Circuit concludes that a chapter 7 trustee’s commissions are not based on distributions to equity holders, even when creditors are paid in full. ow.ly/Bi6I50YCF3t
The prohibition in Section 326(a) to calculating a chapter 11 trustee’s commission on distributions to the debtor does not apply when creditors are paid in full and a distribution goes to equity security holders. ow.ly/Ag2l50YC0iG
The Section 522(g) preclusion of an exemption on fraudulently transferred property only applies if the trustee recovers the property. ow.ly/zloI50YBwTA