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Kabbage Inc., In re

Ruling
Temporary injunction against actions by creditors that would undermine the operation of the plan was not inconsistent with the underlying purposes of 1141(d)(3) or 727(a). (Bankr. D. Del.)
Issue(s)
Power of Court; Issuance of Necessary or Appropriate Order, Process, or Judgment.

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Commercial opinion summary, case decided on March 15, 2023 , LexisNexis #0523-001

TPC Grp. Inc., In re

Ruling
Tort plaintiffs could not pursue pre-petition veil-piercing claims post-confirmation as they were estate causes of action that had been settled and released in the confirmed plan. (Bankr. D. Del.)
Issue(s)
Property of the Estate.

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Commercial opinion summary, case decided on February 22, 2023 , LexisNexis #0423-061

Town Sports Int'l, LLC, In re--Kennedy Lewis Partners Master Fund LP v. Abry Partners, LLC

Ruling
Adversary proceeding alleging ordinary breach of contract claims was dismissed for lack ofsubject-matter jurisdiction. (Bankr. D. Del.)
Issue(s)
Bankruptcy Cases and Proceedings.

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Commercial opinion summary, case decided on January 06, 2023 , LexisNexis #0323-019

Comedymx, LLC, In re

Ruling
Court held that debtor’s owner’s defiance of district court injunctions was cause for removingthe Subchapter V debtors from possession. (Bankr. D. Del.)
Issue(s)
Removal of debtor in possession; In general

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Commercial opinion summary, case decided on December 16, 2022 , LexisNexis #0223-067

Medical Tech. Assocs. II, In re

Ruling
Automatic stay lifted so that a district court could resolve a pending question of arbitrabilityof the claims surrounding the ownership of certain intellectual property rights. (Bankr. D. Del.)
Issue(s)
Automatic Stay; Relief from Stay.

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Commercial opinion summary, case decided on November 02, 2022 , LexisNexis #0123-005

Team Sys. Int'l, LLC, In re

Ruling
Creditors were not entitled to a second chance to elect a trustee after electing a trustee whowas not eligible. (Bankr. D. Del.)
Issue(s)
Eligibility to Serve as Trustee.

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Commercial opinion summary, case decided on September 21, 2022 , LexisNexis #1122-076

MTE Holdings LLC, In re--RPA Asset Mgmt. Servs., LLC v. Siffin

Ruling
Trustee's complaint against debtors' former principal owner and CEO adequately alleged anintentional fraudulent conveyance. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

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Commercial opinion summary, case decided on August 24, 2022 , LexisNexis #1022-090

Team Sys. Int'l LLC, In re

Ruling
Judgment creditors' failure to elect a qualified trustee meant that the interim trusteeremained in place. (Bankr. D. Del.)
Issue(s)
Election of Trustee.

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Commercial opinion summary, case decided on July 15, 2022 , LexisNexis #0922-012

Team Sys. Int'l LLC, In re

Ruling
Chapter 11 case converted to one under Chapter 7 in the best interests of creditors. (Bankr. D.Del.)
Issue(s)
Conversion or Dismissal.

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Commercial opinion summary, case decided on March 30, 2022 , LexisNexis #0522-092

Cyber Litig., In re

Ruling
Court ruled that failure to provide notice of bar date to creditor’s principal by mail was notharmless error. (Bankr. D. Del.)
Issue(s)
Notices to Creditors, Equity Security Holders, Administrators in Foreign

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Consumer opinion summary, case decided on October 21, 2021 , LexisNexis #1221-048