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In re Plaza Antillana Inc.

Ruling
Case filed on eve of foreclosure dismissed for bad faith.
Issue(s)
Should debtor's case filed on the eve of foreclosure be dismissed for cause as a single asset real estate filed in bad faith due to substantial or continuing loss or diminution of the estate and lack of a reasonable likelihood of rehabilitation or ability to propose feasible chapter 11 plan?

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Commercial opinion summary, case decided on February 14, 2014 , LexisNexis #0314-064

In re Terron-Hernandez

Ruling
Debtors could not file second case less than 180 days after voluntary dismissal of first case.
Issue(s)
Were debtor's ineligible to file second case less than two months after voluntary dismissal of prior case.

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Consumer opinion summary, case decided on November 18, 2013 , LexisNexis #1213-037

deBenedictis v. Brady-Zell (In re Brady-Zell)

Ruling
Debt to divorce attorney properly held dischargeable absent evidence of intent to defraud at time of hiring.
Issue(s)
Were legal fees incurred in divorce proceeding nondischargeable on grounds of fraud.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on October 24, 2013 , LexisNexis #1113-120

In re Builders Group & Dev. Corp.

Ruling
Motion for use of postpetition rent as cash collateral denied absent proof of adequate protection.
Issue(s)
Was debtor entitled to use of postpetition commercial rents as cash collateral.

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Commercial opinion summary, case decided on October 22, 2013 , LexisNexis #1113-113

In re MJS Las Croabas Props.

Ruling
FDIC, as receiver, granted relief from stay against singe asset real estate debtor.
Procedural posture

The Federal Deposit Insurance Corporation (FDIC-R), as receiver for a bank, filed a motion for relief from automatic stay under 11 U.S.C.S. § 362(d) against the Chapter 11 debtor, a single-asset real estate company. The court held a hearing on the motion.

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Commercial opinion summary, case decided on May 29, 2013 , LexisNexis #0713-005

In re Sabana Del Palmar Inc.

Ruling
Relief from stay granted given lack of adequate protection or reasonable possibility of recovery.
Procedural posture

After debtor real estate company filed a petition for bankruptcy protection under chapter 11, a receiver filed a motion for relief from the automatic stay under 11 U.S.C.S. § 362(d)(1) and (2) with respect to the debtor's real estate.

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Commercial opinion summary, case decided on May 29, 2013 , LexisNexis #0713-004

In re Sabana Del Palmar Inc.

Ruling
Turnover excused where FDIC's continued receivership was in best interests of creditors.
Procedural posture

The chapter 11 debtor filed a motion for turnover of property under 11 U.S.C.S. § 543. The Federal Deposit Insurance Corporation (FDIC) filed a motion to excuse turnover. The court held a hearing on the motions.

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Commercial opinion summary, case decided on May 29, 2013 , LexisNexis #0713-021

In re Piovanetti

Ruling
Debt to bank that was liquidated and not contingent caused debtor to exceed limit for chapter 13 eligibility.
Procedural posture

A bank filed an objection to an amended plan and a request for dismissal, arguing that the debtor was ineligible to be a chapter 13 debtor under 11 U.S.C.S. § 109(e). The debtor affirmed his eligibility alleging that he was not the principal debtor of the debt with the bank, but rather the guarantor. He alleged that the same was contingent upon the principal's default on the loan and could not be considered as a claim for eligibility purposes.

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Consumer opinion summary, case decided on May 16, 2013 , LexisNexis #0613-108

Lopez v. Dept of the Treasury of the Commonwealth of P.R. (In re Lopez)

Ruling
Puerto Rico treasury department's notice and demand for payments violated stay.
Procedural posture

Plaintiff chapter 13 debtor filed an adversary proceeding against defendant Puerto Rico Treasury Department, claiming that the Department willfully violated the stay that was imposed pursuant to 11 U.S.C.S. § 362(a) when she declared bankruptcy. The debtor filed a motion for partial summary judgment, asserting she was entitled to an award of compensatory and punitive damages under 11 U.S.C.S. § 362(k).

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Consumer opinion summary, case decided on April 26, 2013 , LexisNexis #0613-007

In re Diaz

Ruling
Incarceration did not constitute exigent circumstances that would allow waiver of credit counseling requirement.
Procedural posture

A prison inmate filed a bankruptcy petition and, based on the inmate's incarceration, moved for a waiver of the requirement for credit counseling in order to be eligible under 11 U.S.C.S. § 109 to be a bankruptcy debtor.

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Consumer opinion summary, case decided on April 25, 2013 , LexisNexis #0513-107