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KH Funding Co. v. Escobar (In re KH Funding Co.)

Ruling
Transfer's to wife of debtor's owner within twelve months prior to petition date were avoidable preferential transfers.
Issue(s)
Were transfers from loan business to owner's spouse within twelve months of petition date avoidable?

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Commercial opinion summary, case decided on November 18, 2015 , LexisNexis #1215-055

Schlossberg v. Bell Builders Remodeling Inc. (In re Bell Builders Inc.)

Ruling
Order for abstention vacated on reconsideration and ten counts of adversary proceeding dismissed.
Issue(s)
Should the bankruptcy court grant the trustee's motion for reconsideration and vacate its order of abstention from ten counts of an adversary proceeding?

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Commercial opinion summary, case decided on October 01, 2015 , LexisNexis #1215-030

Ojiegbe v. Walter (In re Ojiegbe)

Ruling
Divorce attorney for debtor's spouse sanctioned for violating the automatic stay by garnishing debtor's personal accounts to collect fee award.
Issue(s)
Should debtor's spouse's divorce attorney be sanctioned for garnishing debtor's personal accounts to collect fee award in violation of the automatic stay?

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Consumer opinion summary, case decided on September 29, 2015 , LexisNexis #1015-075

In re Ronald Cohen Mgmt. Co.

Ruling
Chapter 11 case ordered dismissed as filed with subjective bad faith.
Issue(s)
Should bare bones chapter 11 case be dismissed for bad faith?

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Commercial opinion summary, case decided on February 05, 2015 , LexisNexis #0315-028

Fairweather v. Monument Bank (In re Fairweather)

Ruling
Garnishments of debtor's real estate commissions during preference period were avoidable.
Issue(s)
Were preference period garnishments of commissions from real estate sales by a bank from the real estate agency with which the debtor was affiliated avoidable?

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Consumer opinion summary, case decided on July 31, 2014 , LexisNexis #0814-128

In re Neogenix Oncology Inc.

Ruling
Confirmation denied due to non-essential provision releasing third-party claims against debtor's officers and directors.
Issue(s)
Could plan including release of third party claims against debtor's officers and directors, who held indemnification claims against debtor, be confirmed?

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Commercial opinion summary, case decided on March 11, 2014 , LexisNexis #0414-029

Stvan v. Mona (In re Mona)

Ruling
Debt was nondischargeable due to debtor's misrepresentation to induce creditor to advance funds.

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Consumer opinion summary, case decided on July 29, 2013 , LexisNexis #0813-084

Friolo v. Frankel (In re Frankel)

Ruling
Relief from stay granted in order to allow resolution of appeal with possible collateral estoppel effect on nondischargeability proceeding.
Procedural posture

Movant sought relief from the automatic stay under 11 U.S.C.S. § 362(d) to allow the Court of Appeals of Maryland to resolve a pending appeal against the debtor. The movant filed an adversary proceeding against the debtor under 11 U.S.C.S. § 523(a)(6), alleging that the judgment should be excepted from discharge because it arose from a willful and malicious injury.

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Consumer opinion summary, case decided on January 25, 2013 , LexisNexis #0213-074

EagleBank v. Korman (In re Korman)

Ruling
Discharge denied as to debtor son, but not as to debtor father, due to false financing certifications prepared without father's knowledge.
Procedural posture

Plaintiff bank sued defendants, a father and son who were chapter 7 debtors whose jointly owned and operated business was an involuntary debtor in a separate case, on claims that obligations of defendants arising out of plaintiff's financing of the business via a revolving line of credit (LOC) secured by accounts receivable (A/Rs) were nondischargeable per 11 U.S.C.S. § 523 and that discharge was properly denied to the son per 11 U.S.C.S. § 727.

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Consumer opinion summary, case decided on September 26, 2012 , LexisNexis #1012-093

Rosen v. Hoang (In re Hoang)

Ruling
Debtor ordered to turn over diamonds not disclosed in original schedules.
Procedural posture

Debtor declared chapter 11 bankruptcy in 2005, and after her case was converted to one under chapter 7 of the Bankruptcy Code and a chapter 7 trustee was appointed to administer the case, the trustee sought an order under 11 U.S.C.S. § 542(a) that required the debtor to turn over 48.07 carats in diamonds she allegedly acquired postpetition using estate assets. The court held hearings on the motion and the debtor's objection.

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Consumer opinion summary, case decided on September 20, 2012 , LexisNexis #1012-140