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Bates v. CitiMortgage, Inc.

Ruling
District court did not err in ruling that lender did not violate discharge injunction ininforming debtor of potential tax consequences from foreclosure. (1st Cir.)
Issue(s)
Effect of Discharge; Avoidance And Injunctive Relief.

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Court :
Commercial opinion summary, case decided on December 14, 2016 , LexisNexis #0117-047

Pinpoint IT Servs. LLC v. Rivera (In re Atlas IT Exp. Corp.)

Ruling
Denial of relief from stay for cause was not a final appealable order.
Issue(s)
Was denial of relief from stay for cause a final appealable order?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on August 04, 2014 , LexisNexis #0914-006

Andrews v. McCarron (In re Vincent Andrews Mgmt. Corp.)

Ruling
Debt properly held nondischargeable due to collateral estoppel effect of state court judgment.
Issue(s)
Was state court fraud judgment properly held to have preclusive effect in a subsequent nondischargeability proceeding?

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Commercial opinion summary, case decided on March 26, 2014 , LexisNexis #0714-051

Toye v. ODonnell (In re ODonnell)

Ruling
Debt was nondischargeable where personal financial statement was made with intent to deceive.
Issue(s)
Was materially false financial statement grounds for nondischargeable debt?

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 26, 2013 , LexisNexis #0913-084

Sharfarz v. Goguen (In re Goguen)

Ruling
Bankruptcy appellate panel erred in reversing bankruptcy court's finding that state court judgment based on debtor contractor's deliberately deceitful conduct was nondischargeable.
Procedural posture

After appellee debtor filed for bankruptcy, appellant creditor petitioned to have his judgment of $272,745.50 against the debtor declared nondischargeable, relying on 11 U.S.C.S. § 523(a)(2)(A), which barred discharge of any debt obtained by misrepresentation or fraud. The bankruptcy court granted his petition as to $88,000 of the debt. The Bankruptcy Appellate Panel for the First Circuit (BAP) reversed. Plaintiff appealed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 15, 2012 , LexisNexis #0912-011

Laboy v. Doral Mortg. Corp. (In re Laboy)

Ruling
Bankruptcy court erred in denying debtors the opportunity to prove damages due to creditor's violation of stay.
Procedural posture

Concluding that the cancellation of a mortgage was a sufficient remedy for a willful violation of the automatic stay, the bankruptcy court denied appellant debtors' request for a hearing on damages. The Bankruptcy Appellate Panel affirmed the bankruptcy court's decision. The debtors appealed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on May 27, 2011 , LexisNexis #0611-105

In re Colonial BancGroup Inc.

Ruling
Court declined to extend stay to non-debtor co-defendant in securities litigation.
Procedural posture

A lead plaintiff brought suit against defendants, underwriters, corporation, officers, directors, and limited liability company, pursuant to §§ 10(b) and 20(a) (15 U.S.C.S. § 78j(b) and 78t(a)) of the Securities Exchange Act of 1934, and Rule 10b-5, 17 C.F.R. § 240.10b-5. The underwriters moved to extend the automatic stay provisions under 11 U.S.C.S. § 362(a) beyond the corporation to all the parties in the suit.

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Commercial opinion summary, case decided on January 07, 2010 , LexisNexis #0210-003

In re Lantzy

Ruling
Debtors not eligible under chapter 13 due to debt in excess of limits.
Procedural posture

The chapter 13 Trustee objected to confirmation of debtors' plan because debtors allegedly exceeded the unsecured debt limit of $ 336,900 under 11 U.S.C.S. § 109(e).

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Consumer opinion summary, case decided on December 29, 2009 , LexisNexis #0410-037

Wachovia Bank v. Carroll

Ruling
Court voluntarily abstained from hearing severable state law dispute between debtor corporation vice president and bank over loan secured by corporate property.
Procedural posture

Plaintiff bank sued defendant vice president, company, and another entity in state court, seeking satisfaction of a personal loan that was owed by the vice president, but secured by the company's property. The bank removed the lawsuit to federal court pursuant to 28 U.S.C.S. §§ 1334(b), 1446, and 1452, and Fed. R. Bankr. P. 9027. The company moved to abstain or remand.

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Consumer opinion summary, case decided on February 10, 2009 , LexisNexis #0309-091

Parker v. Pioneer Credit Co. of Ala. Inc.

Ruling
Lodestar method properly used to determine fee award in stay violation proceeding.
Procedural posture

Appellant creditor challenged an award of attorneys' fees to appellee debtor by the U.S. Bankruptcy Court for the Middle District of Alabama, Southern Division. At issue was whether the fees awarded pursuant to 11 U.S.C.S. § 362(k)(1) were excessive and unreasonable.

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Consumer opinion summary, case decided on September 10, 2008 , LexisNexis #1008-039