Feb
07
2024
Genesis Global Holdco, LLC v. Genesis Global Capital, LLC
Ruling:
Creditor did not have a security interest in bitcoin trust shares held by debtor that wereproperty of the estate and never transferred or pledged to creditor. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on February 07,2024, LexisNexis #0324-087
Feb
05
2024
DaCosta, In re
Ruling:
Debtor's counsel sanctioned for failing to reasonably communicate with his client throughoutthe case, failing to adequately represent his client with respect to a claim, and based on hisbehavior during the show cause hearing. (Bankr. N.D. Ga.)
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Consumer case opionion summary, case decided on February 05,2024, LexisNexis #0324-077
Feb
05
2024
WB Bridge Hotel LLC, In re--Wasserstein v. 11 Apple LLC
Ruling:
Debtors' counsel was granted withdrawal and disqualification as a result of being sued by theliquidating trustee who was the former client of debtor's law firm. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on February 05,2024, LexisNexis #0324-078
Feb
02
2024
Hodel, In re--Erickson v. McCaw
Ruling:
Trustee failed to prove that debtor received less than equivalent value for a portion of thealleged fraudulent transfer. (Bankr. C.D. Ill.)
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Consumer case opionion summary, case decided on February 02,2024, LexisNexis #0324-089
Feb
02
2024
Pack Liquidating, LLC, In re
Ruling:
Bankruptcy court could authorize a creditors’ committee to bring a breach of fiduciary dutyaction against members and officers of debtor LLC notwithstanding state law to the contrary.(Bankr. D. Del.)
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Commercial case opionion summary, case decided on February 02,2024, LexisNexis #0324-091
Feb
02
2024
Clark, In re
Ruling:
Debtor did not file his bankruptcy petition in good faith and existed to dismiss it and thedebtor caused unreasonably delay that was prejudicial to creditors. (Bankr. D. Conn.)
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Consumer case opionion summary, case decided on February 02,2024, LexisNexis #0324-094
Feb
02
2024
Parquet, In re
Ruling:
Trustee's disposable income objection to debtors' amended Chapter 13 plan was overruled.(Bankr. E.D. Va.)
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Consumer case opionion summary, case decided on February 02,2024, LexisNexis #0324-095
Feb
02
2024
Shaw 3rd Holdings, LLC, In re--PS Funding, Inc. v. Three Sisters Cap. Partners, LLC
Ruling:
Creditor was entitled to equitable subrogation to the liens of two other creditors through areplacement transaction with the debtor. (Bankr. D.D.C.)
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Commercial case opionion summary, case decided on February 02,2024, LexisNexis #0324-080
Court: Judge or Jurisdiction information not available
Feb
02
2024
Evans, In re
Ruling:
Motion to vacate order confirming debtor's Chapter 13 plan was denied as debtor properlynotified the parties known to her and filed and confirmed a plan in accordance withapplicable law. (Bankr. N.D. Ill.)
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Consumer case opionion summary, case decided on February 02,2024, LexisNexis #0324-096
Feb
02
2024
Ponte, In re
Ruling:
Debtor's inherited IRA did not qualify for exemption as debtor was unable to make anycontributions to the IRA. (Bankr. N.D. Cal.)
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Consumer case opionion summary, case decided on February 02,2024, LexisNexis #0324-082
Feb
02
2024
Howley, In re--Happy Hollow Ranch, LP v. Howley
Ruling:
Summary judgment granted where all the elements required for nondischargeability weresatisfied and the doctrine of collateral estoppel applied to prevent relitigation of issuesalready decided in state court. (Bankr. N.D. Tex.)
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Consumer case opionion summary, case decided on February 02,2024, LexisNexis #0324-084
Feb
01
2024
Vertiv, Inc. v. Wayne Burt PTE, Ltd.
Ruling:
Case remanded to district court to determine if comity should be extended to foreigninsolvency proceeding in Singapore. (3d Cir.)
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Commercial case opionion summary, case decided on February 01,2024, LexisNexis #0324-070
Court: Judge or Jurisdiction information not available
Feb
01
2024
Team Sys. Int'l, LLC, In re
Ruling:
Trustee was entitled to retain a particular law firm as general bankruptcy counsel as theobjecting defendants lacked standing to object to the retention. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on February 01,2024, LexisNexis #0324-055
Feb
01
2024
Kwok, In re--Despins v. Lamp Capital LLC
Ruling:
Debtor’s failure to respond to trustee’s subpoena was not due to circumstances beyond itscontrol. (Bankr. D. Conn.)
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Consumer case opionion summary, case decided on February 01,2024, LexisNexis #0324-073
Feb
01
2024
Cosas Claras LP, In re--JFMPC, LLC v. JTL JV, LLC
Ruling:
Plaintiffs who proved adverse possession did not receive proper notice of sale order.(Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on February 01,2024, LexisNexis #0324-079