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§ 544(a)(3)

Woodbridge Grp. of Cos., LLC, In re--De La Rochelle v. In re Woodbridge Grp. of Cos., LLC

Ruling
Claim dismissed as even if the plaintiffs could establish a right for imposition of a constructive trust or equitable lien against debtor's property, the debtor could avoid any such equitable interest pursuant to the strong-arm powers of the bankruptcy code. (Bankr. D. Del.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Commercial opinion summary, case decided on October 05, 2018 , LexisNexis #1118-077

Goodrich Petroleum Corp., In re--Fallon Family, L.P. v. Goodrich Petroleum Corp.

Ruling
Court ruled that the integration of the promissory note and lease ratification into theunrecorded settlement agreement would not put a hypothetical bona fide purchaser on noticeof the terms of the settlement agreement. (5th Cir.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 27, 2018 , LexisNexis #0818-016

Goodrich Petroleum Corp., In re--Fallon Family, L.P. v. Goodrich Petroleum Corp.

Ruling
Court ruled that the integration of the promissory note and lease ratification into theunrecorded settlement agreement would not put a hypothetical bona fide purchaser on noticeof the terms of the settlement agreement. (5th Cir.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

ABI Membership is required to access the full summary of Goodrich Petroleum Corp., In re--Fallon Family, L.P. v. Goodrich Petroleum Corp. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 27, 2018 , LexisNexis #0818-016

Shiloh Mgmt. Servs., In re--Hillen v. Preston Roth IRA, LLC

Ruling
Deeds of trust were not subject to avoidance as court held that each of the acknowledgmentsat issue substantially complies with the corporate acknowledgment form specified by statute.(Bankr. D. Idaho)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Commercial opinion summary, case decided on June 15, 2018 , LexisNexis #0718-075

Brannon, In re--Pettie v. Brannon

Ruling
Trustee was entitled to avoid a transfer as the divorce decree awarding the house to debtor's former spouse had not been recorded and a lis pendens was not filed. (Bankr. N.D. Ga.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Consumer opinion summary, case decided on April 05, 2018 , LexisNexis #0518-104

Heritage Real Estate Inv., Inc, In re--Smith v. Dynasty Grp., Inc.

Ruling
Trustee may avoid quitclaim deed as the deed was not recorded before the debtor declaredbankruptcy. (Bankr. S.D. Miss.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

ABI Membership is required to access the full summary of Heritage Real Estate Inv., Inc, In re--Smith v. Dynasty Grp., Inc. 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 17, 2017 , LexisNexis #1117-105

Murphy, In re--Lubin v. Murphy

Ruling
Trustee could avoid the transfer as there was no actual or constructive notice to the trustee ofthe transfer of the security deed to the defendant. (Bankr. N.D. Ga.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights

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Consumer opinion summary, case decided on October 13, 2017 , LexisNexis #1117-085

HSBC Bank USA, N.A. v. Lassman (In re Demore)

Ruling
Mortgage executed by attorney-in-fact could not be avoided as it was deemed as free act anddeed of debtors. (1st Cir.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Court :
Consumer opinion summary, case decided on December 13, 2016 , LexisNexis #0117-050

Delgado v. Green (In re Leon)

Ruling
Trustee had the rights of a bona fide purchaser of a real property where debtors' owned a 50%joint tenancy interest. (Bankr. N.D. Cal.)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Consumer opinion summary, case decided on December 12, 2016 , LexisNexis #0117-049

Cuzco Dev. U.S.A., LLC v. JCCHO Haw., LLC (In re Cuzco Dev. U.S.A., LLC)

Ruling
Debtor in possession could avoid master lease not noted on transfer of certificate of title.(Bankr. D. Hawaii)
Issue(s)
Trustee as Lien Creditor and as Successor to Certain Creditors and Purchasers; Rights and Powers; Trustee’s Avoidance Powers as Bona Fide Purchaser of Real Property.

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Commercial opinion summary, case decided on November 03, 2016 , LexisNexis #1216-015