Block on Trump's Asylum Ban Upheld by Supreme Court
In re: Graves, No. 08-1462, involved an appeal from the bankruptcy appellate panel's holding that the Bankruptcy Code's turnover provision, 11 U.S.C. section 542, did not empower a trustee to demand turnover from a debtor in this case. The court of appeals affirmed with modification, on the ground that debtors' interest in a 2006 tax refund, irrevocably applied pre-petition to 2007 taxes, was not subject to turnover under 11 U.S.C. section 542(a).
In US v. McGinty, No. 09-6246, a prosecution for misapplication of bank funds, the court of appeals reversed the district court's award of forfeiture at sentencing, on the ground that the government was entitled to a money judgment against defendant for the money he obtained from his criminal activity.