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NephroGenex, Inc., In re

Ruling
Investment banking firm's request for allowance of compensation and reimbursement of expenses granted where court concluded that firm earned its success fee. (Bankr. D. Del.)
Issue(s)
Limitation on Compensation of Professional Persons; Professionals Employed by Trustee or Committee.

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Commercial opinion summary, case decided on July 26, 2017 , LexisNexis #0917-035

Nortel Networks, Inc., In re

Ruling
Court denied the motion to amend and ruled that the proposed claims were filed much toolate and for way too much such as to be substantially different from the original claims.(Bankr. D. Del.)
Issue(s)
Computing and Extending Time; Time for Motion Papers; Enlargement; In General.

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Commercial opinion summary, case decided on June 29, 2017 , LexisNexis #0817-029

Green Field Energy Servs., In re--Halperin v. Moreno

Ruling
Court denied defendant's motion to stay an adversary proceeding indefinitely as it would do a great disservice to the trustee, creditors, and to the administration of the case. (Bankr. D. Del.)
Issue(s)
Procedures; Withdrawal of Reference by District Court.

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Commercial opinion summary, case decided on June 23, 2017 , LexisNexis #0717-114

Fah Liquidating Corp., In re--Emerald Capital Advisors Corp. v. Bayerische Moteren Werke Aktiengesellschaft

Ruling
Extraterritorial application of bankruptcy law concerning allegedly fraudulent transfers wasproper where the action for fraudulent transfers were within the definition of property of thebankruptcy estate. (Bankr. D. Del.)
Issue(s)
Property of the Estate.

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Court :
Commercial opinion summary, case decided on June 13, 2017 , LexisNexis #0717-072

Newpage Corp., In re--Pirinate Consulting Group, LLC v. C. R. Meyer & Sons Co.

Ruling
Master Construction Agreement could not be avoided as preferential because it was anassumed executory contract. (Bankr. D. Del.)
Issue(s)
Executory Contracts and Unexpired Leases.

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Commercial opinion summary, case decided on February 13, 2017 , LexisNexis #0317-066

In re FAH Liquidating Corp.

Ruling
Claims that did not arise from purchase or sale of debtor's security were not subject tosubordination. (Bankr. D. Del.)
Issue(s)
Subordination; Purchase or Sale of Securities.

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Commercial opinion summary, case decided on January 10, 2017 , LexisNexis #0217-032

In re W.R. Grace & Co.

Ruling
Creditor not entitled to alllowance of a proof of claim as seven years has already passed sincethe bar date. (Bankr. D. Del.)
Issue(s)
Bankruptcy Cases and Proceedings; Abstention; Mandatory Abstention.

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Commercial opinion summary, case decided on December 28, 2016 , LexisNexis #0117-118

In re Owens Corning Armstrong World Indus.

Ruling
Access to Rule 2019 exhibits allowed for investigation of possible fraud in the asbestos claimsprocess. (Bankr. D. Del.)
Issue(s)
Public Access to Papers.

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Commercial opinion summary, case decided on November 08, 2016 , LexisNexis #1216-001

Pirinate Consulting Grp., LLC v. Kadant Solutions Div. (In re NewPage Corp.)

Ruling
Payment not made on account of antecedent debt and others subject to the ordinary course ofbusiness defense were not avoidable. (Bankr. D. Del.)
Issue(s)
Whether payments towards manufacturing order and payments made during preference period should be avoided.

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Commercial opinion summary, case decided on September 30, 2016 , LexisNexis #1016-122

In re City Sports, Inc.

Ruling
Claim based on unredeemed gift cards issued by debtor was not entitled to priority status.
Issue(s)
Priorities; Order of Priorities; Money Deposited by Individual for Purchase, Lease or Rental of Consumer Property or Purchase of Services.

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Commercial opinion summary, case decided on August 04, 2016 , LexisNexis #1116-016