Aug
01
2018
Energy Future Holdings Corp., In re
Ruling:
Debtor was not entitled to an administrative expense claim as it was barred by the unambiguous, plain language of the merger agreement. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on August 01,2018, LexisNexis #0918-041
Jul
25
2018
La Paloma Generating, Co., In re
Ruling:
Tax dispute was dismissed because of California State Board of Equalization's immunityfrom suit in federal court as established by the Eleventh Amendment. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on July 25,2018, LexisNexis #0918-008
Jul
18
2018
Syntax-Brillian Corp., In re
Ruling:
Trustee authorized to destroy or otherwise dispose of the unnecessary books and records of the debtors and the trusts. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on July 18,2018, LexisNexis #0818-109
Jul
20
2018
Melincavage, In re
Ruling:
Relief from stay granted as creditor was not adequately protected because debtor failed to provide the creditor with proof of proper insurance on the vehicle. (Bankr. D.N.J.)
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Consumer case opionion summary, case decided on July 20,2018, LexisNexis #0818-095
Jul
11
2018
Pennysaver USA Publ'g, LLC, In re--Beskrone v. OpenGate Capital Grp.
Ruling:
Court denied the constructive fraudulent transfer claim in part as trustee has met the pleadingrequirements and has given the defendants fair notice and trustee has alleged sufficientlyboth state and federal actual transfer claims. (Bankr. D. Del)
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Commercial case opionion summary, case decided on July 11,2018, LexisNexis #0818-076
Jul
06
2018
Katy Indus., In re--Official Comm. of Unsecured Creditors of Katy Indus. v. Victory Park Capital Advisors, LLC
Ruling:
Motion to dismiss granted where there was no plausible claim that the sale process wasimpaired and creditor failed to state a claim upon which relief could be granted. (Bankr. D.Del.)
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Commercial case opionion summary, case decided on July 06,2018, LexisNexis #0818-066
Jul
02
2018
Pennysaver USA Publ'g, LLC, In re
Ruling:
Bankruptcy court has proper subject-matter jurisdiction over chapter 7 trustee's attempt to recover disputed prepetition accounts receivable as part of a chapter 7 liquidation. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on July 02,2018, LexisNexis #0818-057
Jun
12
2018
LTC Holdings, Inc., In re--Superior Contr. Grp. Inc, v. Rachmale
Ruling:
Subject matter jurisdiction found where "related to" jurisdiction was satisfied under both theindemnification provision's coverage and superior's attempt to pierce the corporate veil.(Bankr. D. Del.)
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Commercial case opionion summary, case decided on June 12,2018, LexisNexis #0718-088
Jun
06
2018
GGI Props., LLC, In re--GGI Props., LLC v. City of Millville
Ruling:
Transfer could be avoided as it was determined fraudulent where there had been transfer of property to a municipality within 2 years before the date of the filing of the petition, which debtor did not receive reasonably equivalent value, and at the time of the transfer, debtor was or became insolvent. (Bankr. D.N.J.)
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Commercial case opionion summary, case decided on June 06,2018, LexisNexis #0718-048
May
21
2018
Penson Worldwide, In re--Penson Techs. LLC v. Schonfeld Grp. Holdings LLC
Ruling:
Court had jurisdiction to hear LLC's adversary proceeding as the case was, at its heart, an objection to a proof of claim. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 21,2018, LexisNexis #0618-118
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