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§ 506

Broadway Realty I Co., LLC, In re

Ruling
Combination of equity cushions and purported benefits to creditor did not provide adequate protection to justify proposed use of cash collateral. (Bankr. S.D.N.Y.)
Issue(s)
Determination of Secured Status; Trustee’s Costs and Expenses.

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Commercial opinion summary, case decided on June 29, 2025 , LexisNexis #0825-084

Osborn, In re

Ruling
Settlement did not make objectors liable for bank's claim as any liability arises under state law regarding secured transactions. (Bankr. D. Neb.)
Issue(s)
Determination of Secured Status; Allowance of Interest, Fees, Costs and Charges.

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Consumer opinion summary, case decided on June 27, 2025 , LexisNexis #0825-083

Fall Creek One, LLC, In re

Ruling
Court valued creditor’s secured claim based on debtor’s income projections and intended use of property for short-term rentals. (Bankr. M.D.N.C.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Commercial opinion summary, case decided on May 09, 2025 , LexisNexis #0725-035

Hyatt, In re

Ruling
Proposed settlement improperly sought to recover administrative expenses from the debtor's exempt homestead proceeds by effectively transferring the exempt funds to the IRS and having the trustee recover those funds from the IRS liens without reducing the IRS claim against the debtor. (Bankr. E.D.N.Y.)
Issue(s)
Determination of Secured Status; Trustee’s Costs and Expenses.

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Consumer opinion summary, case decided on March 26, 2025 , LexisNexis #0525-082

Seawalk Invs., LLC, In re

Ruling
Debtor’s attorney’s fees disallowed to the extent not reasonably necessary to enforce debtor’s obligations under loan. (Bankr. M.D. Fla.)
Issue(s)
Determination of Secured Status; Allowance of Interest, Fees, Costs and Charges.

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Commercial opinion summary, case decided on January 16, 2025 , LexisNexis #0325-055

Expertus Health, LLC, In re

Ruling
Court determined that the fair market valuation standard applied to debtor’s real property based on proposed sale, rather than a liquidation or going concern value. (Bankr. W.D. Tenn.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Commercial opinion summary, case decided on November 21, 2024 , LexisNexis #0225-011

Gillis, In re

Ruling
Court could determine the value of the property based on appraisals but was not bound by the values in the parties' appraisals. (Bankr. D.S.C.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Consumer opinion summary, case decided on October 04, 2024 , LexisNexis #0125-008

James Pine & Son Trucking LLC, In re

Ruling
Debtor offered no argument why the valuation standards under § 506 were not appropriate in a Subchapter V case. (Bankr. D.N.J.)
Issue(s)
Determination of Secured Status.

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Commercial opinion summary, case decided on September 27, 2024 , LexisNexis #1224-031

Virtual Citadel, Inc., In re--Bay Point Cap. Partners II LP v. Thomas Switch Holding, LLC

Ruling
Bankruptcy court did not clearly err in classifying special purpose property that had the highest and best use as a bitcoin mine. (11th Cir.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on August 26, 2024 , LexisNexis #1124-007

Keels, In re--Keels v. Wilmington Sav. Fund Soc'y, FSB

Ruling
Debtor established a valuation of the property that may permit her to strip off the creditor'sclaim. (Bankr. D. Md.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim.

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Consumer opinion summary, case decided on August 15, 2024 , LexisNexis #1024-055