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Gavin Solmonese LLC v. Shyamsundar (In re AmCad Holdings LLC)

Ruling
Postconfirmation proceeding dismissed for lack of “related to” jurisdiction.
Issue(s)
Whether to dismiss an adversary proceeding commenced by liquidating trustee that asserted claims for breach of fiduciary duty, preferential transfer, and claim disallowance against managers and officers.

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Commercial opinion summary, case decided on June 14, 2016 , LexisNexis #0716-116

THQ Inc. v. Starcom Worldwide Inc. (In re THQ Inc.)

Ruling
Debtors' avoidance proceeding dismissed absent factual support.
Issue(s)
Should debtor's motions to dismiss preference and fraudulent transfer proceedings be granted?

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Commercial opinion summary, case decided on April 18, 2016 , LexisNexis #0516-056

AFA Inv. Inc. v. Dale T. Smith & Sons Meat Packing Co. (In re AFA Inv. Inc.)

Ruling
Preferential transfer avoided given failure of the ordinary course of business defense. (Bankr.D. Del.)
Issue(s)
Did the ordinary course of business defense sufficiently established by transferee so as to prevent avoidance of allegedly preferential transfer?

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Commercial opinion summary, case decided on March 09, 2016 , LexisNexis #1016-058

In re Stone & Webster Inc.

Ruling
Insurer's claim based on note for antecedent insurance debt allowed.
Issue(s)
Should claim for amount outstanding on note for past insurance adjustments be disallowed?

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Commercial opinion summary, case decided on February 29, 2016 , LexisNexis #0316-079

In re Boomerang Tube Inc.

Ruling
Fees incurred by counsel for committee of unsecured creditors in defending a fee application were not compensable from debtor's estate.
Issue(s)
Whether to approve retention applications of counsel for a committee of unsecured creditors under 11 U.S.C.S. § 328(a) that contained a provision indemnifying them for expenses incurred in a successful defense of their fees.

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Commercial opinion summary, case decided on January 29, 2016 , LexisNexis #0216-108

In re Flintkote Co.

Ruling
Joint plan of co-defendants in asbestos-related lawsuits could be confirmed.
Issue(s)
Could joint plan of Delaware and Canadian corporations that were defendants in asbestos-related litigation be confirmed?

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Commercial opinion summary, case decided on August 10, 2015 , LexisNexis #0915-026

In re Ferris Props.

Ruling
Sale of debtor's property free and clear of liens denied.
Issue(s)
Should sale of eleven properties free and clear of liens and encumbrances be approved?

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Commercial opinion summary, case decided on July 30, 2015 , LexisNexis #0815-114

In re Overseas Shipholding Grp. Inc.

Ruling
Subtenant not entitled to claim for rejection damages.
Issue(s)
Was creditor subtenant entitled to damages allegedly resulting from sublessor debtor's rejection of the sublease?

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Commercial opinion summary, case decided on June 01, 2015 , LexisNexis #0615-118

Frederick Place LLC v. Flintkote Co. (In re Flintkote Co.)

Ruling
Relief from stay to enforce alleged state environmental violation denied where there was no viable cause of action.
Issue(s)
Should relief from stay be granted to allow environmental law case against debtor to proceed?

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Commercial opinion summary, case decided on February 02, 2015 , LexisNexis #0315-012

Chartis Specialty Ins. Co. v. Tri-Valley Corp. (In re Tri-Valley Corp.)

Ruling
Funds transferred by debtor' insurer in exchange for release were property of the estate.
Issue(s)
Were insurance proceeds turned over by insurer to the estate in exchange for release property of the estate?

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Commercial opinion summary, case decided on November 25, 2014 , LexisNexis #1214-126