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The petition of the day is: Henry v. Official Committee of Unsecured Creditors of Walldesign Inc. 17-1210 Issue: Whether a person who obtains funds from a debtor and exercises complete control over the funds, but lacks the legal authority to do so, is an “initial transferee” under Section...

On April 2, 2018, the Consumer Product Safety Commission (CPSC) announced a $27.25 million civil monetary penalty (CMP) settlement agreement with Polaris for failure to report to CPSC immediately when it became aware of defects in certain models of RZR and Ranger Recreational Off-highway Vehicles...