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June 2018 Archives

SCOTUS Finds Section 523(a)(2)(B) Financial Condition Can Relate to a Single Asset

In a June 4, 2018 decision, the Supreme Court of the United States ("SCOTUS") held that a "statement in writing . . . respecting the debtor's or an insider's financial condition" in Bankruptcy Code Section 523(a)(2)(B), which requires the statement to be in writing, can relate to a single asset and does not have to be a financial statements regarding all of the debtor's assets and liabilities. 

EMPLOYEE OR INDEPENDENT CONTRACTOR - CALIFORNIA SUPREME COURT RENDERS RECLASSIFICATION A NECESSITY FOR MANY EMPLOYERS

The California Supreme Court recently issued a ruling that should cause every California employer utilizing the services of independent contractors to consider whether those workers should be reclassified as employees subject to California's wage and hour regulations.

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