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Hardy v. Fink (In re Hardy)

Ruling
Debtor could claim state law exemption in portion of tax refund based on federal Additional Child Tax Credit.
Issue(s)
Whether a portion of a tax refund based on the Additional Child Tax Credit (ACTC), 26 U.S.C.S. § 24(d), was exempt from a debtor's bankruptcy estate as a public assistance benefit under Missouri law.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on June 02, 2015 , LexisNexis #0615-121

Kaler v. Bala (In re Racing Servs.)

Ruling
Liquidation proceeds of a cash-value life insurance policy purchased by debtor for an employee were not property of the estate absent surrender of proceeds by employee.
Issue(s)
Was the bankruptcy estate of former employee's employer entitled to the liquidation proceeds of a cash-value life insurance policy the employer purchased for the employee where the terms of an agreement between the parties granted the employer only the limited right to receive a repayment of policy premiums from the cash value upon surrender of the policy?

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on February 27, 2014 , LexisNexis #0614-118

Shelton v. Citimortgage Inc. (In re Shelton)

Ruling
Lien was not void solely due to creditor's untimely claim.
Issue(s)
Was creditor's lien void due solely to the fact that the creditor's claim was untimely filed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on November 04, 2013 , LexisNexis #1113-115

Samuel J. Temperato Revocable Trust v. Unterreiner (In re Unterreiner)

Ruling
Bankruptcy appellate panel properly reversed finding of nondischargeability given that alleged misrepresentation was not made to creditor trust.
Procedural posture

Plaintiff trust filed an adversary complaint in bankruptcy court against debtors, claiming that a debt was nondischargeable under 11 U.S.C.S. § 523. The bankruptcy court granted summary judgment in favor of the trust. The United States Bankruptcy Appellate Panel (BAP) for the Eighth Circuit reversed. The trust appealed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on November 08, 2012 , LexisNexis #1112-118

National Bank of Ark. v. Panther Mt. Land Dev. LLC

Ruling
Stay did not apply to state court action against improvement district in which debtor owned development lots.
Procedural posture

Appellant, a secured creditor of appellee chapter 11 debtor, challenged a decision of the Bankruptcy Appellate Panel for the Eighth Circuit, which affirmed the bankruptcy court's judgment that the automatic stay of 11 U.S.C.S. § 362 applied to the creditor's proposed action against certain improvement districts.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on July 25, 2012 , LexisNexis #0812-038

Islamov v. Ungar (In re Ungar)

Ruling
Bankruptcy court properly held debts based on fraud to be nondischargeable and had jurisdiction to reduce them to judgment.
Procedural posture

Debtor sought judicial review of the U. S. Bankruptcy Appellate Panel for the Eighth Circuit's affirmation of a bankruptcy court's judgment that certain debts were the product of fraud and were non-dischargeable pursuant to 11 U.S.C.S. § 523(a)(2)(A) and that the bankruptcy court possessed jurisdiction to reduce a non-dischargeable debt to a judgment against her.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on February 14, 2011 , LexisNexis #0311-011

Morgan v. Goldman (In re Morgan)

Ruling
Trustee properly removed from all assigned cases.
Procedural posture

The chapter 13 bankruptcy trustee appealed from a decision of the Bankruptcy Appellate Panel for the Eighth Circuit that affirmed a bankruptcy court order removing her as trustee from all cases assigned to her in the Eastern and Western Districts of Arkansas.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on July 28, 2009 , LexisNexis #0809-137

Contractors Laborers Teamsters & Engrs Health & Welfare Plan v. M&S Grading Inc. (In re M&S Grading Inc.)

Ruling
Trustee was not unjustified in failing to exercise powers to proceed against bank that received debtor's accounts receivable proceeds.
Procedural posture

Appellants, various employee benefit plans and the plans' trustees, sought review after the District Court for the District of Nebraska affirmed orders issued by a bankruptcy court, including an order granting summary judgment to appellees, a bankrupt excavation company, a bankruptcy trustee, and a bank, as to appellants' claim that the trustee improperly made payments from the bankruptcy estate to the bank instead of to the plans.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on September 09, 2008 , LexisNexis #1008-029

Sells v. Porter (In re Porter

Ruling
Judgment for retaliation against employee who made sexual harrassment complaint properly held nondischargeable.
Procedural posture

Appellee judgment creditor brought an adversary proceeding in bankruptcy court against appellant chapter 7 debtor, seeking to bar a debt from discharge. The bankruptcy court excepted the debt from discharge under 11 U.S.C.S. § 523(a)(6). The United States Bankruptcy Appellate Panel for the Eighth Circuit affirmed. The debtor appealed.

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 26, 2008 , LexisNexis #0908-080

Miller v. NLVK LLC (In re Miller)

Ruling
Judgment was reversed and remanded to determine whether present fair equivalent value was paid for property when prior liens are considered.
Procedural posture

The District Court for the District of Nebraska granted plaintiff chapter 11 debtor's request to set aside a property transfer. Defendant purchaser appealed.

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Court :
Judge or Jurisdiction information not available
opinion summary, case decided on July 21, 2006 , LexisNexis #0806-061