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
May
16
2018
Burton, In re
Ruling:
Value of debtor's vehicle should be the price a retail merchant would charge for property of that kind considering the age and condition of the property as debtor's intended use was personal. (Bankr. D. Del.)
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Consumer case opionion summary, case decided on May 16,2018, LexisNexis #0618-100
May
17
2018
RCS Capital Corp., In re--RCS Creditor Trust v. Schulte Roth & Zabel LLP
Ruling:
Court denied debtor's motion to transfer venue as it had not carried its burden to show thattransfer was appropriate by a preponderance of the evidence. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 17,2018, LexisNexis #0618-088
May
04
2018
Novapro Holdings, LLC, In re
Ruling:
Court approved trustee's proposed settlement where trustee met his burden of persuasion toshow that the settlement amount was above the lowest point in the range of reasonablelitigation outcomes. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 04,2018, LexisNexis #0618-030
Apr
10
2018
BMT-NW Acquisition, LLC, In re--Stanziale v. Brown-Minneapolis Tank ULC, LLC
Ruling:
Motion to dismiss fraudulent transfer claim denied in part as trustee pled sufficient facts toshow that debtor received less than reasonably equivalent value for the transfers. (Bankr. D.Del.)
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Commercial case opionion summary, case decided on April 10,2018, LexisNexis #0518-077
Apr
13
2018
JMO Wind Down, Inc., In re
Ruling:
Relief granted where court found that claims are derivative and belong to the liquidatingtrust. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on April 13,2018, LexisNexis #0518-064
Apr
03
2018
NewPage Corp., In re--PIRINATE Consulting Grp., LLC v. ERCO Worldwide
Ruling:
Litigation trustee was entitled to avoid a debtor's pre-petition transfer to defendant where contract had expired before the effective date and could not have been assumed by the debtor. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on April 03,2018, LexisNexis #0518-047
Feb
05
2018
Kayati, In re
Ruling:
Recusal motion was denied where debtor failed to raise any factual allegations indicating anybias or perceived bias. (Bankr. D.N.J.)
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Consumer case opionion summary, case decided on February 05,2018, LexisNexis #0418-026
Feb
09
2018
Chaparral Energy, Inc., In re
Ruling:
Reorganized debtors' objection to class action proof of claim was granted. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on February 09,2018, LexisNexis #0418-030
Feb
23
2018
Manley Toys Ltd., In re
Ruling:
Court denied creditor's request for stay relief as to allow such would risk violating theequality of distribution of the assets of the debtor as to the other creditors of equal rank.(Bankr. D.N.J.)
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Commercial case opionion summary, case decided on February 23,2018, LexisNexis #0418-005
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