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Layman, In re

Ruling
Motion to dismiss granted where debtors' first Chapter 11 case was still pending and theircurrent case was filed in bad faith. (Bankr. E.D. Tenn.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Consumer opinion summary, case decided on December 11, 2019 , LexisNexis #0120-065

Houghton, In re--Knoxville TVA Emples. Credit Union v. Houghton

Ruling
Debt deemed nondischargeable for debtor's misrepresentations in obtaining the loan. (Bankr.E.D. Tenn.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Fraud; False Pretenses, False Representations or Actual Fraud.

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Consumer opinion summary, case decided on December 13, 2017 , LexisNexis #0118-072

Dearmond, In re--Russell v. Harper

Ruling
Trustee was entitled to monetary judgment from transferee as the transferee was also held liable for debtor's fraudulent transfers. (Bankr. E.D. Tenn.)
Issue(s)
Liability of Transferee of Avoided Transfer; Trustee’s Right to Recover Transferred Property; Recovery From Initial Transferee.

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Consumer opinion summary, case decided on September 21, 2017 , LexisNexis #1017-108

Mission Compound LLC v. Keisler (In re Keisler)

Ruling
Creditors were collaterally estopped from claiming that debt was nondischargeable based on debtor's misrepresentations.
Issue(s)
Were loans dischargeable due to debtor's alleged misrepresentations regarding stock ownership?

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Consumer opinion summary, case decided on April 15, 2015 , LexisNexis #0515-045

In re Reeves

Ruling
State law exemptions allowed where trustee did not file timely objection.
Issue(s)
Whether the bankruptcy court's prior order approving a personal injury settlement and authorizing certain disbursements from that settlement, including $15,000 to the debtors in payment of their personal bodily injury exemption under state law, precluded the debtors under the principles of res judicata and collateral estoppel from claiming additional exemptions?

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Consumer opinion summary, case decided on November 26, 2014 , LexisNexis #1214-116

RDLG LLC v. Leonard (In re Leonard)

Ruling
Default judgment for fraud entered as sanction in case in which debtor fully participated was nondischargeable.
Issue(s)
Did default judgment entered in a pending federal district court action against debtor collaterally estops the debtor from relitigating the fraud issues in a nondischargeability proceeding?

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Consumer opinion summary, case decided on March 14, 2014 , LexisNexis #0414-047

Whitaker v. Bank of Am. (In re Whitaker)

Ruling
Adversary proceeding for violation of discharge injunction dismissed as it should have been brought as a motion for contempt.
Procedural posture

In an adversary proceeding, plaintiff debtors sought an award of compensatory and punitive damages from defendant creditor, a bank, for alleged contempt of the discharge injunction imposed by 11 U.S.C.S. § 524(a)(2). The bank moved for dismissal, contending, in part, that any remedy for a violation of the discharge injunction must be pursued through a motion for contempt rather than an adversary proceeding.

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Consumer opinion summary, case decided on June 07, 2013 , LexisNexis #0713-090

Dean v. Hunter (In re Hunter)

Ruling
State court judgment was nondischargeable to the extent based on conversion.
Procedural posture

In this adversary proceeding, plaintiffs sought a determination that the state court default judgment they held against defendant debtor in the amount of $147,000 for compensatory damages and $100,000 in punitive damages was nondischargeable under 11 U.S.C.S. § 523(a)(2)(A), (a)(4), and (a)(6). Plaintiffs filed a motion for partial summary judgment.

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Consumer opinion summary, case decided on September 21, 2012 , LexisNexis #1012-128

Ferry Rd. Props. v. RL BB ACQ II-TN LLC (In re Ferry Rd. Props.)

Ruling
Tort judgment for injury to real property in favor of debtor was proceeds of property and subject to mortgagee's lien claim.
Procedural posture

Plaintiff, chapter 11 debtor, brought an adversary complaint objecting to the claim of defendant secured creditor, seeking a determination of the validity, priority, and extent of the creditor's lien rights. The creditor had foreclosed on debtor's commercial real property, and sought the proceeds of debtor's state court tort action for damages to the real property and loss of business income. The parties cross-moved for summary judgment.

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Commercial opinion summary, case decided on September 07, 2012 , LexisNexis #1012-069

Appalachian Oil Co. v. Kentucky Lottery Corp. (In re Appalachian Oil Co.)

Ruling
Payments made to lottery agency from sales proceeds held in trust for the agency were not avoidable.
Procedural posture

Plaintiff oil company ("debtor") declared chapter 11 bankruptcy and operated its business as a debtor in possession. The debtor filed an adversary proceeding against defendant Kentucky Lottery Corporation ("KLC"), seeking a determination that it was entitled to recover payments it made to the KLC under 11 U.S.C. §§ 547(b) and 550(a). The parties filed cross-motions for summary judgment.

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Commercial opinion summary, case decided on March 23, 2012 , LexisNexis #0512-088