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southern district of mississippi

In re Pursue Energy Corp.

Ruling
Claim disallowed due to creditor's failure to provide supporting documentation.
Procedural posture

The creditor filed a claim against the chapter 11 debtor's estate. The debtor objected to the claim, because the creditor failed to produce any documentation to show the validity and amount of the claim.

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Commercial opinion summary, case decided on October 23, 2009 , LexisNexis #1209-099

McCoy v. Mississippi State Tax Commn (In re McCoy)

Ruling
Debtor's prepetition tax liabilities were nondischargeable.
Procedural posture

Plaintiff debtor, a Mississippi taxpayer, brought an adversary complaint seeking a declaration from this Court that her debt to the State for pre-petition income taxes arising out of her tax obligations for the 1998 and 1999 tax years were discharged in her chapter 7 bankruptcy. Defendant, the State tax commission, moved to dismiss the complaint pursuant to Fed. R. Civ. P. 12(b)(6).

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Consumer opinion summary, case decided on August 31, 2009 , LexisNexis #1009-012

Whitney Natl Bank v. Todd (In re Phillips)

Ruling
Debtors lacked standing to pursue counterclaim against creditor for wrongful arrest and incarceration.
Procedural posture

Plaintiff bank filed an adversary proceeding against defendant chapter 7 debtors, seeking a determination that a judgment it obtained against the debtors was nondischargeable. The debtors filed an answer and a counterclaim which alleged, inter alia, that the bank used its position in the community to compel the debtors' wrongful arrest and incarceration. The bank filed a motion for summary judgment on the debtors' counterclaim.

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Consumer opinion summary, case decided on August 28, 2009 , LexisNexis #1009-038

In re Premier Entmt Biloxi LLC

Ruling
Claim for "liquidated damages" for debtor's breach of lease after hurricane Katrina was subject to cap.
Procedural posture

Debtor corporations filed petitions under chapter 11 and a lessor filed a proof of claim for the principal sum of $ 136,429. The debtors filed an objection to the lessor's claim, contending that the claim was subject to the statutory cap contained in 11 U.S.C.S. § 502(b)(6).

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Commercial opinion summary, case decided on April 29, 2009 , LexisNexis #0709-049

In re Genesis Hospice Care LLC

Ruling
Debtor outpatient care business granted waiver of health care ombudsman appointment.
Procedural posture

A chapter 11 debtor filed a motion, pursuant to Fed. R. Bankr. P. 1021(b) and 2007.2(a), for a waiver of the appointment of a patient care ombudsman (PCO) under 11 U.S.C.S. § 333. The United States Trustee (UST) objected.

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Commercial opinion summary, case decided on February 23, 2009 , LexisNexis #0409-073

In re RADONE P.A.

Ruling
Appointment of health care ombudsman waived for debtor provider of outpatient radiological services.
Procedural posture

A chapter 11 debtor filed a motion, pursuant to Fed. R. Bankr. P. 1021(b) and 2007.2(a), to dispense with the appointment of a patient care ombudsman (PCO) under 11 U.S.C.S. § 333. The United States Trustee (UST) objected.

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Commercial opinion summary, case decided on February 23, 2009 , LexisNexis #0409-074

Fogerty v. Condor Guaranty Inc. (In re Condor Ins. Ltd.)

Ruling
Foreign representative could not exercise avoidance powers in a chapter 15 proceeding.
Procedural posture

Appellant foreign representatives sought review of an order of the Bankruptcy Court for the Southern District of Mississippi, which granted the Fed. R. Civ. P. 12(b)(1) motion of appellee guaranty company to dismiss their adversary proceeding or avoidance action alleging that assets belonging to the debtor were fraudulently transferred by the company to the United States.

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Commercial opinion summary, case decided on February 09, 2009 , LexisNexis #0309-090

Barner v. Saxon Mortg. Servs.

Ruling
Pre-BAPCPA order for relief from stay affirmed as new amendments debtor sought to apply were not retroactive.
Procedural posture

Appellee deed of trust owner moved for a determination that an automatic stay did not preclude foreclosure of appellant chapter 7 debtor's home. The bankruptcy court for the Southern District of Mississippi granted the motion. The debtor appealed the order.

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Consumer opinion summary, case decided on September 30, 2008 , LexisNexis #0209-028

In re Busby

Ruling
Negative equity was not included in secured portion of 910 vehicle claim under hanging paragraph.
Procedural posture

Debtors filed a petition under chapter 13 of the Bankruptcy Code, and a creditor filed a claim in the amount of $ 26,308.22 on a vehicle the debtors purchased less than 910 days before they declared bankruptcy. A trustee was appointed to represent the bankruptcy estate, and he filed an objection to the creditor's claim.

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Consumer opinion summary, case decided on August 28, 2008 , LexisNexis #1108-052

Jackson v. Priority Trs. Servs. of Miss. LLC (In re Jackson)

Ruling
Foreclosure that took place one day after petition date invalidated.
Procedural posture

Plaintiff debtor filed a petition under chapter 13 of the Bankruptcy Code, and defendant attorney filed a motion to lift the automatic stay that was imposed, pursuant to 11 U.S.C.S. § 362, so he could possession of property he purchased at a foreclosure sale. The debtor filed an adversary proceeding against the attorney and various financial entities, seeking an order declaring that the foreclosure sale was invalid.

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Consumer opinion summary, case decided on July 17, 2008 , LexisNexis #0908-111