Minnesota

Kelley v. Opportunity Fin. LLC (In re Petters Co.)

Ruling: 
Trustee could recover of at least the ostensible interest-component that debtors paid to certain defendants and other investors pursuant to alleged Ponzi scheme.
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Consumer case opionion summary, case decided on May 31,2016, LexisNexis #0616-123

Kelley v. Opportunity Fin. LLC (In re Petters Co.)

Ruling: 
Substantive consolidation did not affect trustee's avoidance rights.
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Commercial case opionion summary, case decided on May 19,2016, LexisNexis #0616-124

Angola Healthcare LLC v. Fincannon (In re Angola Healthcare LLC)

Ruling: 
Motion by defendant in debtor's adversary proceeding to transfer venue denied where the  issue had not been raised when the defendant filed its answer.
ABI Membership is required to access the full summary of Angola Healthcare LLC v. Fincannon (In re Angola Healthcare LLC). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on April 07,2016, LexisNexis #0616-033

In re Walz

Ruling: 
Interest in house acquired les than 180 days after petition date was property of the estate and qualified as a homestead in which debtor could clam an exemption.
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Consumer case opionion summary, case decided on March 15,2016, LexisNexis #0416-055

Stoebner v. Larson (In re Larson)

Ruling: 
Discharge denied due to significant omissions of income and assets.
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Consumer case opionion summary, case decided on March 02,2016, LexisNexis #0316-130

County of Dakota v. Milan (In re Milan)

Ruling: 
"Pay to stay" costs assessed against debtor inmate were not excepted from discharge.
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Consumer case opionion summary, case decided on March 01,2016, LexisNexis #0316-122

Kelley v. Associated Bank (In re Petters Co.)

Ruling: 
Ponzi scheme presumption could not serve as basis for holding that transfers to bank to cover overdrafts were fraudulent.
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Consumer case opionion summary, case decided on February 29,2016, LexisNexis #0416-022

In re Yotis

Ruling: 
Creditor's postpetition mortgage fees and expenses allowed to the extent necessary to cure debtor's default.
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Consumer case opionion summary, case decided on February 04,2016, LexisNexis #0316-030

Stoebner v. Opportunity Fin. LLC (In re Polaroid Corp.)

Ruling: 
Trustee could not avoid transfers by companies owned by debtor's owner but that were not currently in bankruptcy.
ABI Membership is required to access the full summary of Stoebner v. Opportunity Fin. LLC (In re Polaroid Corp.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on January 14,2016, LexisNexis #0216-085

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