Skip to main content

Page Banner(Taxonomy)

middle district of north carolina

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.

ABI Membership is required to access the full summary of Thanco Prods. & Imps. v. Kontos (In re Kontos) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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.

ABI Membership is required to access the full summary of In re Bressler Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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 .

ABI Membership is required to access the full summary of In re Renegade Holdings Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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.

ABI Membership is required to access the full summary of In re McGhee Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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?

ABI Membership is required to access the full summary of In re PTM Techs. Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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

Carpenters Pension Trust Fund v. Moxley

Ruling
As ERISA withdrawal liability was statutory and not a fund asset, it was not created via fiduciary defalcation and was dischargeable.
Issue(s)
Was withdrawal liability under ERISA created via fiduciary defalcation.

ABI Membership is required to access the full summary of Carpenters Pension Trust Fund v. Moxley Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on August 20, 2013 , LexisNexis #0913-044

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.

ABI Membership is required to access the full summary of Gilley v. SEC (In re Gilley) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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

In re Nance

Ruling
Debtor in required to pay 90 percent of the NADA retail value as of the petition date in order to redeem vehicle without reduction for preconversion plan payments.
Procedural posture

The chapter 7 debtors filed a motion to redeem a vehicle pursuant to 11 U.S.C.S. § 722 for $0.

ABI Membership is required to access the full summary of In re Nance Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Consumer opinion summary, case decided on June 12, 2013 , LexisNexis #0713-025

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.

ABI Membership is required to access the full summary of In re Universal Fin. Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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.

ABI Membership is required to access the full summary of In re Renegade Holdings Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

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