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Just a quick note to follow up on previous posts (here and here) and report that the First Circuit reversed In re Traverse. Thanks to Mike Baker for pointing this out to me. Further reflections on this case and its implications later.
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The trustee in Traverse has stated he intends to file a petition for Cert. As Traverse's attorney, I think the First Circuit got it exactly right (except for footnote 4, which they ameliorated on a petition for partial rehearing as to that footnote).
David Baker
Boston, MA
Posted by: David Baker | August 07, 2014 at 04:13 PM