- 11 U.S.C.
DeSteph v. Connecticut Dept of Banking (In re DeSteph)
Dec
02
2009
Ruling
State action to enforce securities laws fell within regulatory exception to automatic stay.
Procedural posture
Chapter 13 debtor filed an adversary proceeding against defendants, the State of Connecticut Department of Banking, the Commissioner, and a staff member (the State), for the State's alleged violation of the automatic stay under 11 U.S.C.S. § 362 and for violation of N.H. Rev. Stat. Ann. § 358-C. The State filed a motion to dismiss pursuant to Fed. R. Civ. P. 12(b)(6) and Fed. R. Bankr. P. 7012(b).
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Court
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