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Williams v. Placid Oil Co. (In re Placid Oil Co.)

Ruling
Asbestos claim properly denied as creditors were unknown and had constructive notice of bar date.
Issue(s)
Whether district court properly affirmed bankruptcy court's grant of summary judgment in favor of debtor, finding that the creditors were unknown creditors for whom constructive notice of the bar date satisfied due process.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on May 27, 2014 , LexisNexis #0614-088

United States v. Coney

Ruling
Tax debt properly held nondischargeable due to debtor's efforts to evade or defeat tax.
Procedural posture

Plaintiff United States filed suit against defendant taxpayer, to reduce to judgment the tax liability owed by the taxpayer and her deceased husband for the tax years 1996-2001. The United States District Court for the Eastern District of Louisiana granted summary judgment in favor of the Government and rendered judgment in the amount of $2,687,408.59. The taxpayer appealed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on July 24, 2012 , LexisNexis #0812-069

De La Pena Stettner v. Smith (In re IFS Fin. Corp.)

Ruling
Transfers made from corporate entity controlled and used by debtor as sham to perpetrate fraud properly held avoidable.
Procedural posture

The U.S. District Court for the Southern District of Texas affirmed a bankruptcy court judgment in favor of plaintiff trustee against defendants, insiders of the debtor, on claims to recover fraudulent transfers under 11 U.S.C.S. § 544 and Tex. Bus. & Com. Code Ann. § 24.005. The insiders appealed.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 27, 2012 , LexisNexis #0212-104

Young v. Repine (In re Repine)

Ruling
Award of emotional injury damages for violation of stay reversed.
Procedural posture

Appellant, a creditor of a chapter 13 debtor, appealed a decision of the United States District Court for the Southern District of Texas, which affirmed a bankruptcy court opinion holding that the creditor willfully violated the automatic bankruptcy stay of 11 U.S.C.S. § 362 and awarding actual and punitive damages along with attorney's fees to appellee debtor.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on July 22, 2008 , LexisNexis #0808-059