Jul
30
2021
LBD, PLLC, In re
Ruling:
Confirmation as management group payments and payments of unauthorized owner drawswere made during the course of the case indicated a lack of good faith. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on July 30,2021, LexisNexis #0921-070
Jul
02
2021
Bao-Tran Xuan Ngo, In re--CACI, Inc. v. Bao-Tran Xuan Ngo
Ruling:
District Court confirmed that the arbitrator's interim and final awards were entitled tocollateral estoppel and nondischargeble on basis of willful and malicious injury and breach offiduciary duty. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on July 02,2021, LexisNexis #0821-061
May
28
2021
Retail Grp., Inc., In re
Ruling:
United States Trustee was not entitled to a stay of the exculpation and release provisions inconfirmation order and plan where releases were granted more than two months prior, whenthe Plan became effective. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on May 28,2021, LexisNexis #0721-074
Apr
23
2021
Palsata Trust, In re
Ruling:
Dismissal of bankruptcy case was warranted as the debtor was not a business trust andineligible to be a debtor. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on April 23,2021, LexisNexis #0621-017
Apr
16
2021
Cornus Montessori, LLC, In re
Ruling:
Debtors, LLC and its owner, were entitled to extend the automatic stay to protect the owner'swife because the debtors were likely to succeed on the merits by proposing a confirmableChapter 11 plan. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on April 16,2021, LexisNexis #0521-081
Mar
31
2021
Tovan Constr., Inc., In re
Ruling:
Proposed settlement was not "fair and equitable" as it did not afford proper priority to the IRS.(Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on March 31,2021, LexisNexis #0521-061
Mar
26
2021
Alpha Media Holdings LLC, In re
Ruling:
Oversecured creditor was entitled to reasonable and necessary fees incurred by lead counseland local counsel pursuant to the parties' loan agreement. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on March 26,2021, LexisNexis #0521-033
Mar
26
2021
Alpha Media Holdings LLC, In re
Ruling:
Oversecured creditor was entitled to reasonable and necessary fees incurred by lead counseland local counsel pursuant to the parties' loan agreement. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on March 26,2021, LexisNexis #0521-033
Mar
22
2021
Payne, In re
Ruling:
Creditors violated the automatic stay by continuation of a judicial action or to recover aclaim against debtor that arose before the petition date. (Bankr. E.D. Va.)
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Consumer case opionion summary, case decided on March 22,2021, LexisNexis #0521-001
Mar
09
2021
Retail Grp., Inc., In re
Ruling:
Chapter 11 plan was confirmed as it was proposed in good faith and debtors proposed theplan to maximize recovery to debtors' creditors. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on March 09,2021, LexisNexis #0421-096
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