Skip to main content

§ 345

Cottonwood Fin., In re

Ruling
Debtors were authorized, but not directed, to designate, maintain, close, and continue to usetheir existing bank accounts. (Bankr. N.D. Tex.)
Issue(s)
Money of Estates; Requirements of Non-U.S. Guaranteed Entities with Which Deposit or

ABI Membership is required to access the full summary of Cottonwood Fin., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on March 19, 2024 , LexisNexis #0524-080

King Mt. Tobacco Co., In re

Ruling
Cause existed to allow Chapter 11 debtor to continue using its existing cash managementsystems and accounts. (Bankr. E.D. Wash.)
Issue(s)
Money of Estates; Requirements of Non-U.S. Guaranteed Entities with Which Deposit or

ABI Membership is required to access the full summary of King Mt. Tobacco Co., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on November 23, 2020 , LexisNexis #0121-026

Diocese of Buffalo, In re

Ruling
Court authorized the debtor to maintain its pre-petition fund investments in the fund, waivingthe requirements under § 345(b). (Bankr. W.D.N.Y.)
Issue(s)
Money of Estates; Requirements of Non-U.S. Guaranteed Entities with Which Deposit or

ABI Membership is required to access the full summary of Diocese of Buffalo, In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on October 30, 2020 , LexisNexis #1220-079

Ditech Holding Corp., In re

Ruling
Debtors failed to establish cause to excuse them from collateralizing five bank accounts.(Bankr. S.D.N.Y.)
Issue(s)
Money of Estates; Requirements of Non-U.S. Guaranteed Entities with Which Deposit or

ABI Membership is required to access the full summary of Ditech Holding Corp., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on June 24, 2019 , LexisNexis #0819-077

In re Picacho Hills Util. Co.

Ruling
Proceeds of sale of debtor utility company's property ordered to be turned over to the trustee.
Issue(s)
Could proceeds of receiver's sale of debtor utility company, which were deposited in court registry be released to trustee for distribution?

ABI Membership is required to access the full summary of In re Picacho Hills Util. Co. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on February 05, 2015 , LexisNexis #0315-005

In re Seger

Ruling
Chapter 13 debtor was not required to comply with investment and deposit rules for chapter 7 and chapter 11 trustees.
Procedural posture

Debtors filed a petition under Chapter 13 of the Bankruptcy Code, and the Chapter 13 trustee filed a Certificate of Noncompliance and requested dismissal of the debtors' case.

ABI Membership is required to access the full summary of In re Seger Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Consumer opinion summary, case decided on January 24, 2011 , LexisNexis #0311-038