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Arora, In re

Ruling
Omission of ownership interest in an LLC constituted a false oath. (Bankr. D.N.J.)
Issue(s)
Discharge; Grounds for Denial; Fraud; False Oath or Account by Debtor.

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Consumer opinion summary, case decided on January 17, 2018 , LexisNexis #0218-106

In re TVGA Eng'g, Surveying, PC

Ruling
Safe harbor does not apply to payee where debtor’s bank was merely a substitute for cash.(Bankr. W.D.N.Y.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.

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Commercial opinion summary, case decided on December 01, 2016 , LexisNexis #0117-019

D'Youville Coll. v. Tucker (In re Tucker)

Ruling
Non-subsidized debt owed to college for tuition was dischargeabe as it did not qualify asstudent loan debt. (Bankr. W.D.N.Y.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Educational Loans.

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Consumer opinion summary, case decided on November 01, 2016 , LexisNexis #1116-121

Broadway Warehouse Co. v. Schmitt (In re Schmitt)

Ruling
Discharge denied due to debtor’s failure to keep adequate books and records. (Bankr.W.D.N.Y.)
Issue(s)
Should debtor’s discharge be denied for failure to keep adequate records?

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Consumer opinion summary, case decided on August 09, 2016 , LexisNexis #0916-028

In re Byrne

Ruling
Debtor not entitled to claim exemptions in life insurance and pension plan proceeds that were subject to state probate process.
Issue(s)
Should debtor be prohibited from claiming exemptions in connection with a pension and life insurance policy held by debtor's non-debtor deceased spouse?

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Consumer opinion summary, case decided on November 13, 2015 , LexisNexis #1215-086

In re Wrobel

Ruling
Plan in case filed in part to address debt owed to debtor's divorce lawyers could be confirmed.
Issue(s)
Might a debtor who loses confidence in divorce attorneys but derived some benefit from their efforts, and purchased a homestead instead of paying significant fees, file chapter 13 bankruptcy to manage the debt?

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Consumer opinion summary, case decided on July 23, 2015 , LexisNexis #0815-101

Dots LLC v. Capstone Media (In re Dots LLC)

Ruling
Prepayments for work performed by creditor were not on account of antecedent debt and not avoidable preferential transfers.
Issue(s)
Were debtors' payments to media services company made on account of antecedent debts and avoidable preferences?

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Commercial opinion summary, case decided on July 16, 2015 , LexisNexis #0815-057

IDEA Boardwalk LLC v. Revel Entmt Grp. (In re Revel AC Inc.)

Ruling
Tenants holding true leases retained lease rights despite sale of debtor landlord's assets.
Issue(s)
Were debtor's agreements with tenants true leases that would entitle tenants to protections afforded by § 365(h) or memorializations of some other form of contractual relationship that would allow debtor to reject the agreements?

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Commercial opinion summary, case decided on June 24, 2015 , LexisNexis #0715-118

In re Wrobel

Ruling
Confirmation denied for bad faith due to debtor's prepetition conversion of nonexempt property to nonexempt in order to avoid making sufficient payments to former divorce counsel.
Issue(s)
Could debtor's plan be confirmed where debtor proposed to pay only 10 percent of debt to divorce attorneys despite having purchased exempt homestead prior to petition date with funds received in divorce settlement negotiated by those attorneys?

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Consumer opinion summary, case decided on February 12, 2015 , LexisNexis #0315-062

Ring v. First Niagra Bank (In re Sterling United Inc.)

Ruling
Convoluted collateral description in series of UCC filings was not "seriously misleading" with respect to trustee and was not grounds for avoidance.
Issue(s)
Whether a needlessly convoluted description of collateral in a succession of U.C.C. financing statements causes a claim of security to fail as "seriously misleading" under N.Y. U.C.C. Law § 9-506.

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Commercial opinion summary, case decided on October 03, 2014 , LexisNexis #1014-129