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District of new york

Celsius Network LLC, In re--Meghji v. Bailey

Ruling
Counterclaims filed by “unknown” creditor discharged under the confirmed Chapter 11 plan as publication notice was sufficient and the creditor failed to file a timely proof of claim. (Bankr. S.D.N.Y.)
Issue(s)
Effect of Confirmation; Discharge.

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Commercial opinion summary, case decided on May 15, 2025 , LexisNexis #0725-071

Manchanda, In re--Manchanda Law Off. PLLC v. Manchanda

Ruling
Debtor’s contempt motions denied due to immunities, frivolous filings, and misuse of automatic stay protections. (Bankr. S.D.N.Y.)
Issue(s)
Automatic Stay.

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Consumer opinion summary, case decided on May 12, 2025 , LexisNexis #0725-028

Coast, LLC (Adventure Coast, LLC), Northwest Ga. Factoring Grp. v. Adventure

Ruling
Court barred debtor from removing state court case against debtor’s principal as debtor was not a named party. (Bankr. N.D. Ga.)
Issue(s)
Removal of Claims Related to Bankruptcy.

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Commercial opinion summary, case decided on May 12, 2025 , LexisNexis #0725-074

Siomkos, In re

Ruling
Debtor ordered to surrender apartment after failing to comply with trustee's access requests. (Bankr. S.D.N.Y.)
Issue(s)
Debtor’s Duties; Required Acts.

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Consumer opinion summary, case decided on May 09, 2025 , LexisNexis #0725-036

Fall Creek One, LLC, In re

Ruling
Court valued creditor’s secured claim based on debtor’s income projections and intended use of property for short-term rentals. (Bankr. M.D.N.C.)
Issue(s)
Determination of Secured Status; Bifurcation of Claim; Valuation of Creditor’s Interest.

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Commercial opinion summary, case decided on May 09, 2025 , LexisNexis #0725-035

Golden, In re--Golden v. Nat'l Collegiate Student Loan Trust 2006-4

Ruling
Student and bar loans deemed potentially dischargeable as one exceeded cost of attendance and the other was not for qualified education expenses. (Bankr. E.D.N.Y.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Educational Loans.

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Consumer opinion summary, case decided on May 07, 2025 , LexisNexis #0725-039

Wells, In re

Ruling
For an informal proof of claim to exist, the creditor must have taken some affirmative action in the bankruptcy case before the claims deadline to provide notice of the claim and intent to hold the estate liable. (Bankr. M.D.N.C.)
Issue(s)
Allowance of Claims or Interests; Disallowance; Proof of Claim not Timely Filed.

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Consumer opinion summary, case decided on May 07, 2025 , LexisNexis #0725-085

Firstbase.io, Inc., In re--Firstbase.io, Inc. v. Harbor Bus. Compliance Corp.

Ruling
Judicial lien avoided as preferential transfer made within 90 days of bankruptcy while debtor was insolvent. (Bankr. S.D.N.Y.)
Issue(s)
Preferences.

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Commercial opinion summary, case decided on May 06, 2025 , LexisNexis #0725-042

Buffalo Newspress, In re

Ruling
Court rejected proposed order for post-petition financing. (Bankr. W.D.N.Y.)
Issue(s)
Obtaining Credit.

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Consumer opinion summary, case decided on May 06, 2025 , LexisNexis #0725-084

Feiffer, In re

Ruling
Conversion of debtor artist’s Chapter 13 case to Chapter 11 following his death was not permitted as a probate estate is not a "person" eligible to be a Chapter 11 debtor. (Bankr. N.D.N.Y.)
Issue(s)
Death or Incompetency of Debtor.

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Consumer opinion summary, case decided on March 28, 2025 , LexisNexis #0525-099