Jul
31
2018
Ameriflex Eng'g LLC
Ruling:
Court denied confirmation of chapter 11 plan as it did not allow for competing bids. (Bankr. D. Or.)
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Commercial case opionion summary, case decided on July 31,2018, LexisNexis #0918-056
Jul
31
2018
Hungry Horse, LLC, In re
Ruling:
Law firm's request for reimbursement of outside counsel from the LLC's bankruptcy estate denied as no employment orders were issued. (Bankr. D.N.M.)
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Commercial case opionion summary, case decided on July 31,2018, LexisNexis #0918-033
Aug
01
2018
Coder Foundry, LLC, In re
Ruling:
State court derivative action was not a violation of the automatic stay as neither of the claims asserted in the derivative action were property of the bankruptcy estate. (Bankr. M.D.N.C.)
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Commercial case opionion summary, case decided on August 01,2018, LexisNexis #0918-037
Aug
01
2018
SoyNut Butter Co., In re
Ruling:
Objecting parties were entitled to exercise their right to seek indemnification and defense under the insurance policy until the policy limits were exhausted as nothing authorized the trustee to use "free and clear" sales to expand debtor's rights beyond those allowed by the bankruptcy code. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on August 01,2018, LexisNexis #0918-040
Aug
01
2018
Energy Future Holdings Corp., In re
Ruling:
Debtor was not entitled to an administrative expense claim as it was barred by the unambiguous, plain language of the merger agreement. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on August 01,2018, LexisNexis #0918-041
Aug
01
2018
MB Indus., L.L.C., In re--Dooley v. MB Indus., L.L.C.
Ruling:
Confirmed plan was binding as plan specifically dictated any claims resulting from the promissory note would be subordinated to all other general unsecured creditors and the insiders had not objected to the plan. (Bankr. W.D. La.)
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Commercial case opionion summary, case decided on August 01,2018, LexisNexis #0918-042
Jul
30
2018
1075 S Yukon, LLC, In re
Ruling:
Debtor's pre-petition contractual right to exercise an option to purchase real property was not automatically extended if the deadline to exercise the option had not expired prior to the petition date as exercising the option was not "curing a default." (Bankr. D. Colo.)
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Commercial case opionion summary, case decided on July 30,2018, LexisNexis #0918-031
Jul
25
2018
Dille Family Trust, In re
Ruling:
Court ruled it was appropriate to appoint a chapter 11 trustee given the items of cause thecourt listed and the acrimony and pervasive litigation that has consumed the case. (Bankr. W.D.Pa.)
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Commercial case opionion summary, case decided on July 25,2018, LexisNexis #0918-023
Jul
24
2018
Charleston Assocs., LLC, In re
Ruling:
Conversion of case to chapter 7 was denied as conversion would not produce assets fordistribution. (Bankr. D. Nev.)
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Commercial case opionion summary, case decided on July 24,2018, LexisNexis #0918-024
Jul
25
2018
Wrightwood Guest Ranch, LLC, In re--Reid & Hellyer, APC v. Laski
Ruling:
Bankruptcy court did not err in approving the settlement agreement where law firms failedto explicitly object to the settlement or entered an appearance. (9th Cir.)
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Commercial case opionion summary, case decided on July 25,2018, LexisNexis #0918-030
Court: Judge or Jurisdiction information not available
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