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middle district of tennessee

BX Acquisitions, Inc., In re--Eisenberg v. Toledo-Lucas Cty. Port Auth.

Ruling
Disputed payments could not be avoided because they were specifically authorized by cashcollateral orders. (B.A.P. 6th Cir.)
Issue(s)
Use, Sale, or Lease of Property.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on April 19, 2019 , LexisNexis #0719-004

Scarbrough, In re--Limor v. Anderson

Ruling
Transfers were avoided as debtor received less than a reasonably equivalent value inexchange for the transfers and was insolvent on the dates of the transfers. (Bankr. M.D. Tenn.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers; Transfers Presumed Fraudulent.

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Consumer opinion summary, case decided on June 28, 2018 , LexisNexis #0818-019

Scarbrough, In re--Limor v. Anderson

Ruling
Transfers were avoided as debtor received less than a reasonably equivalent value inexchange for the transfers and was insolvent on the dates of the transfers. (Bankr. M.D. Tenn.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers; Transfers Presumed Fraudulent.

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Consumer opinion summary, case decided on June 28, 2018 , LexisNexis #0818-019

Chaudury, In re

Ruling
Court deemed that the overriding requirement of the rollover rule was simply that therollover occur within the specified time period. (Bankr. M.D. Tenn.)
Issue(s)
Exemptions; Choice Between Federal and State Law; Special Provisions For Retirement Funds; Rollovers.

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Consumer opinion summary, case decided on February 01, 2018 , LexisNexis #0318-038

Ward, In re

Ruling
Extra representation provided by own firm of the trustee was unnecessary and thus not compensable to the trustee. (Bankr. M.D. Tenn.)
Issue(s)
Limitation on Compensation of Trustee.

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Consumer opinion summary, case decided on December 06, 2017 , LexisNexis #0118-035

Cunningham, In re

Ruling
Court ruled that if a creditor does not negotiate a check, and that check remains uncashed 90days after the final distribution, the funds represented by that check are deemed unclaimedfunds and are to be deposited into the Court's registry in trust for the creditor. (Bankr. M.D.Tenn.)
Issue(s)
Unclaimed Property; Disposal in Chapter 7, 12 or 13.

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Consumer opinion summary, case decided on October 03, 2017 , LexisNexis #1117-035

Zenga, In re

Ruling
Petitioning creditor relied to his detriment on the alleged debtors' misrepresentations in a state court proceeding when he filed involuntary bankruptcy cases against them. (Bankr. M.D. Tenn.)
Issue(s)
Involuntary Cases.

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Consumer opinion summary, case decided on September 07, 2017 , LexisNexis #1017-032

Smith, In re--Allen v. Smith

Ruling
Creditor's claim deemed nondischargeable as the creditor justifiably relied on debtor's statements on how his investments would be used and debtor instead deposited the money into his own account immediately upon receipt. (Bankr. M.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 April 18, 2017 , LexisNexis #0517-096

St. George, In re--McDermott v. St. George

Ruling
Order granting additional time for trustee to file a complaint was reversed for trustee's lack of total diligence and failure to prove that debtor failed to cooperate. (B.A.P. 6th Cir.)
Issue(s)
Discharge; Grounds for Denial.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 17, 2017 , LexisNexis #0517-104

Wright, In re

Ruling
Bankruptcy court erred by holding that the trustee did not abandon the personal injury claim where no court order preserved the claim as an asset remaining with the trustee prior to the closing of the case. (B.A.P. 6th Cir.)
Issue(s)
Abandonment of Property of the Estate; Scheduled Property Not Otherwise Administered.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on April 17, 2017 , LexisNexis #0517-101