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Schultz, In re--Schultz v. United States Department of Education

Feb
11
2020
Ruling
Post-petition consolidated loan was not dischargeable as it was a separate loan from theoriginal student loans with a separate repayment period. (Bankr. D. Minn.)
Issue(s)
Discharge.

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Consumer opinion summary, case decided on February 11, 2020 , LexisNexis #0320-092
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In re W.R. Grace & Co.

Sep
04
2013
Ruling
Plan that required hospital to submit asbestos claim to property damage trust was proposed in good faith, was feasible and did not provide unequal treatment to creditors.
Issue(s)
Whether the U.S. District Court for the District of Delaware erred when it affirmed a bankruptcy court's decision confirming a chapter 11 bankruptcy plan that established a personal injury trust and a property damage trust, pursuant to 11 U.S.C.S. § 524(g), to resolve asbestos-related claims, and required that a hospital submit a claim it had against a corporation and related businesses ("debtors") to the property damage trust.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on September 04, 2013 , LexisNexis #0913-130
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In re American Capital Equip. LLC

Jul
25
2012
Ruling
Bankruptcy court did not err in converting chapter 11 case with more than 29,000 asbestos claims to chapter 7 as plan was patently unconfirmable.
Procedural posture

Chapter 11 bankruptcy debtor appealed from the United States District Court for the Western District of Pennsylvania's order affirming the Bankruptcy Court's order, which converted debtor's chapter 11 bankruptcy case to a chapter 7 on the basis that its plan was patently unconfirmable. Joining the appeal was the representative for the estate of an asbestos claimant.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on July 25, 2012 , LexisNexis #0812-070
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In re Krebs

May
19
2008
Ruling
Debtor's IRA could potentially be exempted although withdrawals could not yet be made without penalty.
Procedural posture

Appellee chapter 7 trustee filed an objection in bankruptcy court to appellant debtor's request for exemption of an individual retirement account (IRA) under 11 U.S.C.S. § 522(d)(10)(E). The bankruptcy court sustained the objection, and the District Court for the Western District of Pennsylvania affirmed. The debtor appealed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on May 19, 2008 , LexisNexis #0608-061
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