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southern district of georgia

In re Borchert

Ruling
Debtor's Vioxx injury sufficiently incurred prepetition for class action proceeds to be property of the estate.
Procedural posture

Debtors' attorney filed a motion requesting a determination by the court that certain funds awarded in connection with the settlement of class action litigation were not property of the debtors' bankruptcy estate under 11 U.S.C.S. § 541.

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Consumer opinion summary, case decided on January 08, 2010 , LexisNexis #0310-034

In re Quintana

Ruling
Objection to proof of claim overruled where creditor held valid lien on debtor's residence.
Procedural posture

A chapter 13 debtor objected to a creditor's proof of claim. The creditor set forth in its objection to the confirmation of the debtor's plan its objection to the debtor's claim of a homestead objection pursuant to N.Y. C.P.L.R. 5206(a)(1).

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Consumer opinion summary, case decided on December 15, 2009 , LexisNexis #0210-049

Rayonier Wood Prods. LLC v. ScanWare Inc.

Ruling
Bankruptcy court properly remanded breach of contract action.
Procedural posture

Appellee wood product company sought damages for breach of contract against appellees, debtor and one of its minority owners, in state court. Debtor subsequently petitioned for bankruptcy in Oregon, the owner then removed the state court action to bankruptcy court in Georgia, and the company moved that court to remand and/or abstain. The Georgia bankruptcy court granted the company's motion and the owner appealed that decision.

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Commercial opinion summary, case decided on November 30, 2009 , LexisNexis #1209-097

Arizona Fed. Credit Union v. DeSalvo (In re DeSalvo)

Ruling
Relief from stay could not be granted until court determined if creditor had a purchase money security interest of if stay had already terminated.
Procedural posture

This matter came before the court on movant creditor's Motion for Relief from Automatic Stay. The creditor sought relief from stay as to a vehicle in respondent debtors' possession. The Chapter 7 trustee was also a respondent.

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Consumer opinion summary, case decided on November 16, 2009 , LexisNexis #0310-040

Smith v. Regions Bank

Ruling
Motion to withdraw reference of core proceeding denied in interests of uniformity and judicial economy.
Procedural posture

Plaintiffs, debtors, filed a motion to reconsider the bankruptcy court's decision granting defendants, bank and the mortgage company, stay relief, and to impose an injunction or restraining order to prevent the bank and the mortgage company from selling the property. As such, the court treated the debtors' filing as a request to withdraw the reference to the bankruptcy court and as a request for injunctive relief.

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Consumer opinion summary, case decided on November 06, 2009 , LexisNexis #1209-026

In re MHS Mgmt. Group LLC

Ruling
Relief from stay granted to allow foreclosure of property in which debtor lacked equity.
Procedural posture

Movant creditor brought a motion seeking relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d)(1) and (2), or in the alternative, the appointment of a 11 U.S.C.S. § 1104 trustee and an order directing the debtor to make adequate protection payments. Respondent debtor filed an opposition.

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Commercial opinion summary, case decided on October 26, 2009 , LexisNexis #1209-040

In re Squires Motel LLC

Ruling
Case dismissed for bad faith where foreclosed properties were transferred to "new debtor" just prior to petition date.
Procedural posture

Creditor filed a motion seeking dismissal of the chapter 11 case of debtor" pursuant to 11 U.S.C.S. § 1112(b), in the alternative, relief from the automatic stay pursuant to 11 U.S.C.S. § 362(d).

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Commercial opinion summary, case decided on September 17, 2009 , LexisNexis #1109-006

In re Janice Banks

Ruling
Case ordered converted or dismissed where above median debtor had made no non- bankruptcy efforts to remedy Small Business Association loan debt.
Procedural posture

In a chapter 7 bankruptcy case, the United States Trustee (UST) filed a motion to dismiss the petition as an abuse under 11 U.S.C.S. § 707(b).

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Commercial opinion summary, case decided on September 04, 2009 , LexisNexis #1009-024

Tate v. Bolen (In re Tate)

Ruling
Dismissal reversed as debtor's expense deduction for vehicle owned free and clear should have been allowed.
Procedural posture

Debtors sought review of an order of the District Court for the Southern District of Mississippi, affirming a judgment of the bankruptcy court dismissing the debtors' chapter 7 case for abuse. Appellee trustee had challenged the vehicle ownership deduction under 11 U.S.C.S. § 707(b), the bankruptcy court granted the trustee's motion to dismiss the case.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on June 10, 2009 , LexisNexis #0709-093

Squire v. D.B. Zwiru Special Opportunities Fund FP

Ruling
Debtor did not have standing to pursue counterclaims in adversary proceeding that properly belonged to trustee.
Procedural posture

Debtor sought review of an order of the Bankruptcy Court of the Southern District of Ohio, which dismissed, for lack of standing, his counterclaim against appellee creditor for breach of the implied covenant of good faith and fair dealing and violations of the Racketeer Influenced and Corrupt Organization Act (RICO).

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Consumer opinion summary, case decided on March 31, 2009 , LexisNexis #0509-026