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7th circuit

Seymore, In re

Ruling
Debtor was not entitled to reconsideration of a decision denying her motion to release a lienheld by a secured creditor as the debtor's motion included no new arguments or citations toauthority. (Bankr. E.D. Wis.)
Issue(s)
Effect of Confirmation; Parties Bound by Confirmed Plan.

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Consumer opinion summary, case decided on September 27, 2023 , LexisNexis #1223-022

Butler, In re--Butler v. City of Chicago

Ruling
Motion to dismiss proceeding alleging turnover violation granted to the extent plaintiffssought a claim for contempt for a failure to turn over property immediately. (Bankr. N.D. Ill.)
Issue(s)
Turnover of Property to the Estate.

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Consumer opinion summary, case decided on September 19, 2023 , LexisNexis #1123-062

Novus Structures, Inc., In re

Ruling
Receiver should not be excused from his turnover obligation as the interests of the debtoraligned with the non-lender creditors, who would be better served by turnover. (Bankr. N.D.Ill.)
Issue(s)
Turnover of Property by a Custodian; When Court May Excuse Compliance; Interest of

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Commercial opinion summary, case decided on September 11, 2023 , LexisNexis #1123-039

McGill, In re--Ruck v. McGill

Ruling
Debt was nondischargeable as the way the debtor maintained funds and kept only casualaccounting records for his business showed a reckless indifference to his fiduciary duties.(Bankr. E.D. Wis.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Fiduciary Fraud, Embezzlement, or

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Consumer opinion summary, case decided on September 11, 2023 , LexisNexis #1123-034

Ford City Condo. Ass'n, In re--Avellone v. United States Liab. Ins. Co.

Ruling
Trustee failed to state a claim for relief against the debtor’s directors and officers insurancecarrier based on the plain and unambiguous language of the policy. (Bankr. N.D. Ill.)
Issue(s)
Property of the Estate; Restrictions Voided.

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Commercial opinion summary, case decided on August 31, 2023 , LexisNexis #1023-089

Hicks, In re

Ruling
City's objection to the Chapter 7 trustee's use of its post-petition interest rate as the "legal rate"of interest on its claim was sustained as the debtor was solvent. (Bankr. N.D. Ill.)
Issue(s)
Allowance of Claims or Interests; Disallowance; Unmatured Interest.

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Consumer opinion summary, case decided on August 31, 2023 , LexisNexis #1023-082

Ford City Condo. Ass'n, In re--City of Chicago v. Ford City Condo. Ass'n

Ruling
Abstention was warranted in an adversary proceeding brought by a city seeking relief understate condominium law as to a condominium property managed by a debtor. (Bankr. N.D. Ill.)
Issue(s)
Bankruptcy Cases and Proceedings; Abstention.

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Commercial opinion summary, case decided on August 31, 2023 , LexisNexis #1023-073

Harding, In re

Ruling
Debtor’s exemptions in insurance proceeds allowed but limited to the amounts claimed on herschedules as filed. (Bankr. C.D. Ill.)
Issue(s)
Property of the Estate; Creation and Composition of the Estate; All Legal or Equitable

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Consumer opinion summary, case decided on August 25, 2023 , LexisNexis #1123-012

Chounramany, In re--Layng v. Chounramany

Ruling
Dismissal of the U.S. trustee's suit to revoke debtor’s discharge denied as there was a genuinedispute as to whether the trustee could have known of the debtor’s alleged fraud prior todischarge. (Bankr. E.D. Wis.)
Issue(s)
Discharge; Grounds for Revocation; Fraud.

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Consumer opinion summary, case decided on August 24, 2023 , LexisNexis #1023-093

Daddosio, In re--Strategic Funding Source, Inc. v. Daddosio

Ruling
Debt was nondischargeable on grounds of embezzlement where debtor sold assets that weresubject to creditor’s blanket lien and failed to use proceeds to repay the debt. (Bankr. N.D. Ill.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Fiduciary Fraud, Embezzlement, or

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Consumer opinion summary, case decided on August 21, 2023 , LexisNexis #1023-061