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Imerys Talc Am., In re

Ruling
Court held certain excess insurers had bankruptcy standing because they were parties-in-interest who could provide relevant information. (Bankr. D. Del.)
Issue(s)
Effect of Discharge.

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Consumer opinion summary, case decided on May 08, 2019 , LexisNexis #0719-066

Millennium Lab Holdings II, In re

Ruling
Court denied dismissal of adversary proceeding as trustee adequately pled facts sufficient toshow that he has a plausible claim for relief. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

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Commercial opinion summary, case decided on February 28, 2019 , LexisNexis #0419-037

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.)
Issue(s)
Bankruptcy Cases and Proceedings.

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Commercial opinion summary, case decided on May 21, 2018 , LexisNexis #0618-118

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.)
Issue(s)
Compromise and Arbitration.

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Commercial opinion summary, case decided on May 04, 2018 , LexisNexis #0618-030

Rent-A-Wreck of Am., Inc., In re

Ruling
Court granted franchisee's motion to dismiss debtors' chapter 11 cases as record did not demonstrate that debtors were in financial distress at the time the bankruptcy petitions were filed. (Bankr. D. Del.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on February 13, 2018 , LexisNexis #0318-108

Chaparral Energy, Inc., In re

Ruling
Reorganized debtors' objection to class action proof of claim was granted. (Bankr. D. Del.)
Issue(s)
Class Proceedings.

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Commercial opinion summary, case decided on February 09, 2018 , LexisNexis #0418-030

Better Place, Inc., In re

Ruling
Court denied former directors' motion to compel foreign liquidators to dismiss civillitigations commenced against them in an Israeli court. (Bankr. D. Del.)
Issue(s)
Public Policy Exception.

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Commercial opinion summary, case decided on February 05, 2018 , LexisNexis #0318-088

Energy Coal S.P.A., In re

Ruling
Court acknowledged the homologation order by an Italian bankruptcy court made under the Italian Insolvency Law, subject to the U.S. creditors' rights under U.S. law. (Bankr. D. Del.)
Issue(s)
Relief That May Be Granted Upon Recognition.

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Commercial opinion summary, case decided on January 02, 2018 , LexisNexis #0218-056

Pinktoe Tarantula Ltd., In re--Pinktoe Liquidation Trust v. Dellal

Ruling
Plaintiff adequately pleaded preference claims but not claims for breach of fiduciary duty,which were dismissed. (Bankr. D. Del.)
Issue(s)
Preferences.

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Commercial opinion summary, case decided on November 17, 2017 , LexisNexis #0524-042

Millennium Lab Holdings II, LLC, In re

Ruling
The court had constitutional adjudicatory authority to enter a confirmation order containingnonconsensual third party releases. (Bankr. D. Del.)
Issue(s)
Power of Court.

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Commercial opinion summary, case decided on October 03, 2017 , LexisNexis #1117-032