Legislative Highlights March 2025
Legislative Highlights President Trump Places 25 Percent Tariffs on Steel and Aluminum President Donald J. Trump on Feb. 10 signed two official proclamations 1 that would impose a 25 percent tariff on steel and aluminum from all countries. He said that the action was
Chicago Judge Devises a Better Method to Allocate Income Tax Refunds Between Spouses
Whoever was overwithheld is entitled to the IRS refund when one spouse doesn’t file, Judge Michael Slade says.
The Marital Adjustment: What Is It, and Should It Be Fixed?
The Marital Adjustment: What Is It, and Should It Be Fixed? By Julie Philippi Prior to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), a chapter 7 case could be dismissed if the filing was deemed to be a substantial abuse of the process. 1
Although Exempt, Social Security Benefits Must Be Reported in Subchapter V
While neither Social Security benefits nor post-petition income are estate property in Subchapter V, they must be included in an individual’s monthly operating reports, Bankruptcy Judge Jacobvitz says.
Judge Christopher Klein Writes ‘Cliffs Notes’ on Transferring Venue of Related Cases
In transferring venue of a related case under Rule 1014(b), the bankruptcy court can move sua sponte and need not await a venue motion by a creditor or party in interest.