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3rd circuit

C M Heavy Mach., LLC, In re

Ruling
Chapter 11 case converted to Chapter 7 due to a continuing diminution of the estate and absence of reasonable likelihood of rehabilitation. (Bankr. E.D. Okla.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on June 27, 2025 , LexisNexis #0825-094

Millennium Lab Holdings II, LLC, In re--Kirschner v. J.P. Morgan Chase Bank, N.A.

Ruling
Good faith is just one part of the statutory defense to avoidance and the defendants did not cite any authority for a separate “reasonable good faith” defense. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations; Validity of Transfers to Good Faith Purchasers for Value.

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Commercial opinion summary, case decided on June 27, 2025 , LexisNexis #0825-093

Brown, In re--Brown v. K & S Real Est., LLC

Ruling
Court granted stay relief to allow eviction to proceed as debtor failed to pay rent and conceded no defense. (Bankr. W.D. Pa.)
Issue(s)
Automatic Stay; Relief from Stay; For Cause.

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Consumer opinion summary, case decided on June 17, 2025 , LexisNexis #0825-060

Rothman, In re

Ruling
Debtor failed to establish grounds for reopening case to stay ejectment proceedings. (Bankr. D.N.J.)
Issue(s)
Closing and Reopening Cases; When to Reopen.

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Consumer opinion summary, case decided on May 22, 2025 , LexisNexis #0725-078

FTX Trading, In re

Ruling
Information that has already been publicly disclosed cannot be considered confidential and therefore cannot be sealed. (Bankr. D. Del.)
Issue(s)
Public Access to Papers; Protective Orders.

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Consumer opinion summary, case decided on May 21, 2025 , LexisNexis #0725-077

Nat'l Reality Inv. Advisors, LLC, In re

Ruling
Creditors’ claims subordinated because they ignored signs of fraud, enabling Ponzi scheme and harming other creditors. (Bankr. D.N.J.)
Issue(s)
Subordination; Equitable Subordination.

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Commercial opinion summary, case decided on May 15, 2025 , LexisNexis #0725-060

Dingess, In re--Olsen v. Dingess

Ruling
Debtor’s injury to mother-in-law was dischargeable as evidence did not show willful or malicious intent and default judgment lacked preclusive effect. (Bankr. D. Del.)
Issue(s)
Discharge; Full-Compliance Discharge; Restitution or Damages For Willful or Malicious Injury or Death.

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Consumer opinion summary, case decided on May 14, 2025 , LexisNexis #0725-073

BSA, In re

Ruling
Confirmed Chapter 11 plan including nonconsensual third party releases could not be vacated due to effect on completed insurance buyback funding the plan. (3d Cir.)
Issue(s)
Confirmation of Plan; Requirements; Plan Proposed in Good Faith.

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Commercial opinion summary, case decided on May 13, 2025 , LexisNexis #0725-069

BSA, In re

Ruling
Repressed memories provided a valid excuse for delay in filing sexual abuse claims where the plan allowed for future claims. (Bankr. D. Del.)
Issue(s)
Filing Proof of Claim or Equity Security Interest in Chapter 9 Municipality or Chapter 11 Reorganization Cases; Filing Proof of Claim.

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Consumer opinion summary, case decided on May 08, 2025 , LexisNexis #0725-049

Imerys Talc Am., In re

Ruling
Separate future claims representative required for Italian talc debtor to protect global claimants due to international talc sales and distinct claimant pool from North American talc debtors. (Bankr. D. Del.)
Issue(s)
Effect of Discharge; Supplemental Injunctions in Chapter 11 Proceedings.

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Commercial opinion summary, case decided on May 05, 2025 , LexisNexis #0725-040