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Providence Hall Assocs. L.P. v. Wells Fargo Bank N.A.

Ruling
Debtor could not challenge the validity of obligations to bank that were affirmed in trustees motions for sale.
Issue(s)
Did a district court erroneously gave res judicata effect to various sale orders issued during debtor's chapter 11 bankruptcy?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on March 11, 2016 , LexisNexis #0416-009

National Heritage Found. Inc. v. Highbourne Found.

Ruling
Plan should not have been confirmed with provision for release of debtor's officers and directors.
Issue(s)
Was a non-debtor release provision in debtor's chapter 11 reorganization plan unenforceable?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on June 27, 2014 , LexisNexis #0714-135

Branigan v. Davis (in re Davis)

Ruling
Stripping of valueless liens is permitted in post-BAPCPA "chapter 20" cases.
Procedural posture

Plaintiff, a chapter 13 bankruptcy trustee, challenged confirmation orders, entered by the bankruptcy court and affirmed by the United States District Court for the District of Maryland, at Greenbelt, stripping off junior liens against debtors' residences.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on May 10, 2013 , LexisNexis #0613-028

Behrmann v. Natl Heritage Found. Inc.

Ruling
Affirmation of plan confirmation vacated due to third party release provisions absent supporting factual findings by bankruptcy court.
Procedural posture

A bankruptcy court approved release provisions as to appellee debtor's officers and directors and confirmed a chapter 11 Plan. The U.S. District Court for the Eastern District of Virginia affirmed. Appellant creditors were denied stays and appealed, arguing the Plan was not proposed in good faith as required by 11 U.S.C.S. § 1129(a)(3), 11 U.S.C.S. § 524(e), as to discharges for third parties foreclosed approval of the release provisions.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 09, 2011 , LexisNexis #0112-029