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Weisfelner v. Blavatnik (In re Lyondell Chem. Co.)

Ruling
Payments to officers and directors following leveraged buyout were not fraudulent transfers absent evidence of intent to hinder, delay or defraud.
Issue(s)
Were payments to debtor's premerger officers and directors subsequent to the leveraged buyout of debtor intentional fraudulent transfers that could be avoided?

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Commercial opinion summary, case decided on January 04, 2016 , LexisNexis #0116-124

Weisfelner v. Blavatnik (In re Lyondell Chem. Co.)

Ruling
Trustee's late-filed motion to name the executrix as the appropriate party in an adversary proceeding against estate of deceased individual granted due to excusable neglect.
Issue(s)
Should trustee be allowed to substitute the executrix of a decedent transferee's estate as the proper defendant in an avoidance proceeding where it's motion was not timely filed?

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Commercial opinion summary, case decided on January 04, 2016 , LexisNexis #0116-140

In re Motors Liquidation Co.

Ruling
Claims against reorganized debtor based on defects in motor vehicles manufactured by debtor’s predecessor prior to reorganization proscribed.
Issue(s)
What claims against reorganized debtor’s automobile manufacturer predecessor could be asserted against the reorganized debtor?

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Commercial opinion summary, case decided on December 04, 2015 , LexisNexis #0716-098

Weisfelner v. Fund 1 (In re Lyondell Chem. Co.)

Ruling
Creditor's claims for intentional fraudulent transfer dismissed absent allegations of actual intent to hinder, delay or defraud.
Issue(s)
Was complaint for intentional fraudulent transfer sufficiently pled or should the proceeding be dismissed?

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Commercial opinion summary, case decided on November 18, 2015 , LexisNexis #1215-058

In re Motors Liquidation Co.

Ruling
Tort claims against purchaser of debtor auto manufacturer's assets could be maintained to the extent based on new company's knowledge of faulty ignition switches and conduct.
Issue(s)
To what extent could tort claims based on faulty auto ignition switches be maintained against purchaser of debtor automobile manufacturer's purchaser?

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Commercial opinion summary, case decided on November 09, 2015 , LexisNexis #1215-007

Weisfelner v. LR2 Mgmt. KS (In re Lyondell Chem. Co.)

Ruling
Freight charges transfer and quay due transfer were both protected from avoidance by the contemporaneous exchange and ordinary course of business defenses respectively.
Issue(s)
Were wire charges for freight charges and quay dues protected from avoidance?

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Commercial opinion summary, case decided on September 18, 2015 , LexisNexis #1015-053

Tese-Milner v. Gordon (In re Gordon)

Ruling
Discharge denied due to debtor's concealment of assets and false oaths.
Issue(s)
Should debtor's discharge be denied where debtor concealed property of the estate, transferred property of the estate with the intent to hinder, delay, or defraud creditors or a trustee, and knowingly and fraudulently made false oaths?

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Consumer opinion summary, case decided on January 13, 2015 , LexisNexis #0215-097

Tese-Milner v. Gordon (In re Gordon)

Ruling
Discharge denied due to debtor's concealment of assets and false oaths.
Issue(s)
Should debtor's discharge be denied where debtor concealed property of the estate, transferred property of the estate with the intent to hinder, delay, or defraud creditors or a trustee, and knowingly and fraudulently made false oaths?

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Consumer opinion summary, case decided on January 13, 2015 , LexisNexis #0215-097

In re Motors Liquidation Co.

Ruling
Bankruptcy court had jurisdiction to review a sale order transferring assets to debtor.
Issue(s)
Did bankruptcy court have jurisdiction to enforce sale order and prevent parties from moving forward claiming not to be subject to the order?

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Commercial opinion summary, case decided on August 06, 2014 , LexisNexis #0914-066

In re Aikens

Ruling
Debtor who lived in public housing was not required to cure prepetition defaults in order to avoid eviction.
Issue(s)
Should debtor who was a tenant in public housing be relieved of the requirement to cure prepetition default in order to avoid eviction.

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Consumer opinion summary, case decided on January 28, 2014 , LexisNexis #0214-075