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District of ohio

U.S. Aeroteam Inc. v. Delphi Automotive Systems LLC (In re United States Aeroteam)

Ruling
Creditor found to have setoff rights for debt owed more than 90 days before filing, but trial was required to determine creditor's setoff rights for debt owed during 90 days prior to filing.
Procedural posture

Plaintiff debtor filed for bankruptcy. Defendant creditor filed a motion for relief from the automatic stay in order to exercise a right to setoff under 11 U.S.C. § 553. Plaintiff assignee joined in the action to determine whether its security interest in the debtor's accounts receivable affected the right to setoff. Both the debtor and the creditor filed motions for summary judgment.

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opinion summary, case decided on August 01, 2005 , LexisNexis #0106-096

Vaughan v. Meridan Natl Corp. (In re Ottawa River Steel Co.)

Ruling
Creditor was denied summary judgment where the court ruled it could decide the date an order for relief triggered two-year limitations period for filing creditor's complaint.
Procedural posture

Plaintiff chapter 7 trustee commenced an adversary proceeding against defendants, creditors, seeking to recover certain prepetition transfers made by the debtor. The creditors moved for summary judgment, alleging that the trustee's claims were time barred under 11 U.S.C. § 546.

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opinion summary, case decided on July 14, 2005 , LexisNexis #0106-092

Cote v. Catherman (In re Catherman)

Ruling
Creditor failed to establish that debtor intentionally misrepresented the purpose of a loan and thus loan debt was deemed dischargeable.
Procedural posture

Plaintiff creditor filed a complaint to determine the dischargeability of a debt owed by defendant debtor. The creditor brought this suit pursuant to the statutory exception to discharge under 11 U.S.C. § 523(a)(2)(A).

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opinion summary, case decided on July 08, 2005 , LexisNexis #0106-081

Messenger v. Messenger (In re Messenger)

Ruling
Debtor's assumption of marital credit card debt was deemed nondischargeable.
Procedural posture

Plaintiff ex-wife brought a complaint pursuant to 11 U.S.C. § 523(a)(15) to determine the dischargeability of a marital debt assumed by defendant debtor.

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opinion summary, case decided on July 08, 2005 , LexisNexis #0106-089

In re Freeman

Ruling
Creditor did not violate automatic stay when the debtors made postpetition payments on a collateralized debt that was to be reaffirmed but had not yet been reaffirmed.
Procedural posture

The debtors filed a petition for relief under chapter 7 of the Code. The debtors filed a motion for an order directing the turnover of monies held by a creditor. The creditor filed an objection to the motion. The court treated the matter as an action for a violation of the automatic stay under 11 U.S.C. § 362, pursuant to the court's authority under 11 U.S.C. § 105(a), together with Fed. R. Bankr. P. 7015 and 9014.

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opinion summary, case decided on June 01, 2005 , LexisNexis #0106-110