Jun
01
2021
Eht Us1, In re
Ruling:
Creditor's motion to dismiss denied because Singapore REIT was a business trust and aneligible debtor, and cases were filed in good faith. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on June 01,2021, LexisNexis #0721-051
Jun
02
2021
MTE Holdings LLC, In re
Ruling:
Creditor was allowed an administrative claim in the amount of its unpaid invoices wheredebtors believed its services would generate revenue. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on June 02,2021, LexisNexis #0721-056
Jun
01
2021
In re--Nine Pont Energy Holdings, Inc. v. Caliber Measurement Servs. LLC
Ruling:
Debtors were entitled to sell their assets free and clear of rights of service provider that couldbe fully compensated with monetary damages. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on June 01,2021, LexisNexis #0721-055
Court: 3rd Circuit ( ) [ Bankruptcy Court ]
May
10
2021
Maxus Energy Corp. v. YPF S.A.
Ruling:
Appeal did not raise an issue of public importance and it did not involve a question of lawrequiring resolution of conflicting decisions. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 10,2021, LexisNexis #0621-096
May
04
2021
ASHINC Corp., In re--Youngman v. Yucaipa Am. All. Fund I, L.P.
Ruling:
Trustee could recover the value of the fraudulent transfers as she established her prima faciecase that debtor transferred contested payments to defendant while debtor was insolvent orresulting in its insolvency. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 04,2021, LexisNexis #0621-060
May
05
2021
Essar Steel Minnesota LLC, In re--Nystrom v. Vuppuluri
Ruling:
Trustee’s third amended complaint against two of debtor’s governors and officers based onbreach of fiduciary duties was supported by sufficient factual allegations to avoid dismissal.(Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 05,2021, LexisNexis #0621-056
Apr
09
2021
Superior Air Charter, LLC, In re
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Commercial case opionion summary, case decided on April 09,2021, LexisNexis #0521-086
Mar
26
2021
GUE Liquidation Cos., In re
Ruling:
Corporate creditors are not entitled to priority for prepetition wage claims. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on March 26,2021, LexisNexis #0521-034
Mar
26
2021
GUE Liquidation Cos., In re
Ruling:
Corporate creditors are not entitled to priority for prepetition wage claims. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on March 26,2021, LexisNexis #0521-034
Mar
16
2021
W.R. Grace & Co., In re
Ruling:
Claims had to be disallowed because the underlying causes of action had been dismissed ina state court lawsuit. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on March 16,2021, LexisNexis #0521-005
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