Can a Bankruptcy Court Push Punitive Damages to the Back of the Line? Camara v. Matheson and the Texas Exemplary Damages Playbook

A Ninth Circuit BAP reversed the post-confirmation subordination of a $14 million punitive award. When Texas exemplary damages get paid last in bankruptcy, and when not.

CHAPTER 7BANKRUPTCYCHAPTER 11CHAPTER 13SUBCHAPTER V BANKRUPTCYBUSINESS LAW