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Tronox Inc., In re--Tronox Inc. v. Kerr-McGee Corp.

Ruling
Court dismissed plaintiffs' appeal for lack of jurisdiction as their perosnal injury claims based on the conduct of the debtors were generalized "derivative" claims that fall within the property of the bankruptcy estate. (2d Cir.)
Issue(s)
Final Decisions of District Courts.

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Court :
Consumer opinion summary, case decided on April 20, 2017 , LexisNexis #0517-114

Official Comm. of Unsecured Creditors of Motors Liquidation Co. v. JP Morgan Chase Bank N.A. (In re Motors Liquidation Co.)

Ruling
Direct appeal of determination of secured status of lender's claim in light of alleged UCC-1 termination statement certified.
Issue(s)
Should the question of whether a secured lender must authorize the act of filing a UCC-3 termination statement or must authorize the termination of the security interest identified for termination on that UCC-3 statement, raised in the process of determining the secured status of creditor, be certified for a direct appeal?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 17, 2014 , LexisNexis #0714-031

Parmalat Capital Fin. Ltd. V. Bank of Am. Corp.

Ruling
State collection cases brought by foreign debtors were properly removed as "related to" §304 proceeding but refusal to abstain was vacated for reconsideration.
Procedural posture

In appeals from cases that were transferred by the U.S. District Court for the Northern District of Illinois to the U.S. District Court for the Southern District of New York, following removal from the Illinois state courts because they were "related to" proceedings under 11 U.S.C.S. § 304 in New York, motions to remand were denied and the district courts declined to abstain. Plaintiffs, representatives of foreign bankruptcy states, appealed.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 18, 2011 , LexisNexis #0511-035

Parmalat Capital Fin. Ltd. v. Bank of Am. Corp.

Ruling
State law action to recover assets of foreign debtors was properly removed as related to a proceeding ancillary to a foreign proceeding.
Procedural posture

Plaintiffs filed actions to recover damages that they contended were owed to them pursuant to Illinois state law. Before the court were plaintiffs' challenge to orders of the United States District Court for the Southern District of New York and the Northern District of Illinois, denying their motions for remand and abstention, and granting summary judgment to defendants.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 18, 2011 , LexisNexis #0211-034

Riker Danzig Scherer Hyland & Perretti v. Official Comm. of Unsecured Creditors (In re Smart World Techs. LLC)

Ruling
Award of professional fees pursuant to pre-approval retention affirmed.
Procedural posture

Appellant, the official committee of unsecured creditors in a bankruptcy action, appealed from the judgment of the district court for the Southern District of New York, awarding appellee professional $ 2,142,006.27 in fees and $ 73,981.18 in expenses.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 06, 2009 , LexisNexis #0209-025