Jan
05
2024
Ho Wan Kwok, In re--Despins v. HCHK Techs., Inc.
Ruling:
Proposed intervenors were not parties in interest as they were not bona fide creditors orstakeholders. (Bankr. D. Conn.)
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Consumer case opionion summary, case decided on January 05,2024, LexisNexis #0224-093
Jan
05
2024
Stream TV Networks, Inc., In re
Ruling:
Appointment of a Chapter 11 trustee to evaluate the debtors' operations, prospects, and abilityto successfully reorganize was in the best interests of creditors and the estate. (Bankr. E.D. Pa.)
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Commercial case opionion summary, case decided on January 05,2024, LexisNexis #0224-094
Dec
13
2023
Carter, In re
Ruling:
Chapter 11 debtor and his Chapter 7 businesses were still "affiliates" for purposes ofeligibility to proceed under Subchapter V. (Bankr. N.D. Ga.)
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Consumer case opionion summary, case decided on December 13,2023, LexisNexis #0224-095
Jan
05
2024
Dates, In re
Ruling:
Court granted creditor's motion to dismiss debtor's bankruptcy case as the circumstancessupported a lack of good faith and abuse of the bankruptcy system. (Bankr. S.D. Ohio)
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Consumer case opionion summary, case decided on January 05,2024, LexisNexis #0224-096
Jan
03
2024
WC Alamo Indus. Ctr., LP, In re--639 Lanark, LLC v. Alamo Lanark, LLC
Ruling:
Lender was justified in foreclosing on debtor’s property and setting conditions on release ofits lien even though it affected would-be buyer's purchase of the property. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on January 03,2024, LexisNexis #0224-098
Jan
10
2024
Steepologie, LLC, In re
Ruling:
Landlord allowed an administrative expense claim for rent owed for the month during whichdebtor rejected the lease and turned over the premises. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on January 10,2024, LexisNexis #0224-082
Jan
03
2024
Damon Cap., Ltd., In re
Ruling:
Counsel for the Lender established that the rates charged were within the range ofreasonableness for professionals in the market of comparable levels of experience and skill.(Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on January 03,2024, LexisNexis #0224-083
Dec
29
2023
Gomez, In re
Ruling:
Court agreed with debtor that because the trustee did not object to the third amendedSchedule C, and because the time to object had passed, the objection to the second amendedSchedule C was moot. (Bankr. N.D. Ill.)
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Consumer case opionion summary, case decided on December 29,2023, LexisNexis #0224-084
Jan
02
2024
BK Racing, LLC, In re--Smith v. BK Racing, LLC
Ruling:
Sanctions were imposed on the defendant in avoidance proceeding as she had continuallyfailed and refused to comply with discovery. (Bankr. W.D.N.C.)
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Commercial case opionion summary, case decided on January 02,2024, LexisNexis #0224-085
Dec
29
2023
OGGUSA, Inc., In re--Oxford Restructuring Advisors, LLC v. Curtis
Ruling:
Plan administrator of a debtor's wind-down trust was entitled to a judgment avoiding debtor'spre-petition transfer to defendant farmer. (Bankr. E.D. Ky.)
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Commercial case opionion summary, case decided on December 29,2023, LexisNexis #0224-086