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In re Renegade Holdings Inc.

Ruling
Individual stockholder could not intervene to stay debtor's case.
Issue(s)
Did individual shareholder have standing to seek a stay of debtor's bankruptcy case?

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Commercial opinion summary, case decided on October 15, 2014 , LexisNexis #1114-053

Rhodes v. Florida Metal Trading Inc. (In re Hayes Iron & Metal Inc.)

Ruling
Section 541(d) did not trump trustee's rights and powers.
Issue(s)
Were trustee's powers superior to any resulting trust, constructive trust or equitable lien established by creditor?

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Commercial opinion summary, case decided on May 22, 2014 , LexisNexis #0614-091

Thanco Prods. & Imps. v. Kontos (In re Kontos)

Ruling
Discharge denied due to failure to disclose ownership of trademarks.
Issue(s)
Should discharge be denied due to failure to disclose ownership and transfer of trademarks.

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Consumer opinion summary, case decided on January 13, 2014 , LexisNexis #0214-065

In re Bressler

Ruling
Relief from stay to proceed against valid security interest granted.
Issue(s)
Whether creditor should be granted relief from stay to pursue security interest.

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Consumer opinion summary, case decided on November 06, 2013 , LexisNexis #1213-043

In re Renegade Holdings Inc.

Ruling
Settlement modified due to failure to account for money in safe deposit box.
Issue(s)
Should settlement of trustees avoidance proceeding be modified to accommodate funds in safe deposit box discovered one year after the settlement was approved .

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Commercial opinion summary, case decided on October 29, 2013 , LexisNexis #1113-105

In re McGhee

Ruling
Ransom reasoning applied to prohibit mortgage/rent deduction where debtor did not own the subject property or make mortgage payments.
Issue(s)
Could debtor claim a deduction for residence which she did not own or on which she did not pay the mortgage.

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Consumer opinion summary, case decided on September 18, 2013 , LexisNexis #1013-023

In re PTM Techs. Inc.

Ruling
Confirmation denied due to payment of postpetition interest on unsecured claim and improper classification.
Issue(s)
Could creditor's plan providing for payment of postpetition interest on unsecured claims from petition date to effective date and separate classification of an unsecured claim from all other unsecured claims be confirmed?

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Commercial opinion summary, case decided on August 26, 2013 , LexisNexis #0913-098

Gilley v. SEC (In re Gilley)

Ruling
Disgorgement consent judgment involved violation of securities laws and was nondischargeable.
Issue(s)
Was consent judgment in favor of SEC in which debtor neither admitted nor denied alleged securities law violations dischargeable.

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Commercial opinion summary, case decided on August 19, 2013 , LexisNexis #0913-049

In re Universal Fin. Inc.

Ruling
Motion for use of cash collateral to pay unnecessary preconfirmation unsecured debts denied.
Procedural posture

Debtor, a licensed consumer finance company, moved to use cash collateral pursuant to 11 U.S.C.S. § 363.

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Commercial opinion summary, case decided on June 07, 2013 , LexisNexis #0713-082

In re Renegade Holdings Inc.

Ruling
Confirmation denied on feasibility grounds due to discrepancy between past and projected performance.
Procedural posture

Chapter 11 trustee sought confirmation of a second amended and restated joint plan of reorganization for chapter 11 debtors that were fabricators and distributors of tobacco products consisting primarily of cigarettes and cigars. The debtors had not joined a master settlement agreement between major domestic tobacco companies and multiple states and territories and thus operated as non-participating manufacturers.

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Commercial opinion summary, case decided on May 29, 2013 , LexisNexis #0613-099