Commercial

E. Coast Custom Coaches, Inc., In re

Ruling: 
Judgment for the trustee and against setoff was warranted based on preclusive effect of statecourt judgment. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on December 11,2020, LexisNexis #0121-089

Fairfield Sentry Ltd., In re--Fairfield Sentry Ltd. v. Theodoor GGC Amsterdam

Ruling: 
Redemptions made by a financial institution on behalf of customer transferees were protectedfrom avoidance by the safe harbor. (Bankr. S.D.N.Y.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on December 14,2020, LexisNexis #0121-090

Peak Serum, Inc., In re

Ruling: 
Appointment of a Chapter 11 trustee was warranted because appointment was in the bestinterests of the estate and its creditors. (Bankr. D. Colo.)
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Commercial case opionion summary, case decided on December 08,2020, LexisNexis #0121-094

5431-33 S. Wabash LLC, In re

Ruling: 
There was cause to convert or dismiss Chapter 11 debtors' bankruptcy cases and dismissal wasin the best interests of creditors and the estate as bankruptcy cases had run their course incourt after debtors had defaulted under confirmed plans. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on November 16,2020, LexisNexis #0121-095

Waters Retail TPA, LLC, In re

Ruling: 
Plan was confirmed because debtor complied with the applicable provisions of theBankruptcy Code and the plan was proposed in good faith. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on December 16,2020, LexisNexis #0121-097

Tri-State Roofing, In re

Ruling: 
Compensation sought by trustee approved as reasonable. (Bankr. D. Idaho)
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Commercial case opionion summary, case decided on December 07,2020, LexisNexis #0121-076

Abundant Life Worship Ctr. of Hinesvill, GA, Inc., In re

Ruling: 
Motion to confirm no stay was in effect granted as debtor had a previous small business casedismissed within two years prior to the filing. (Bankr. S.D. Ga.)
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Commercial case opionion summary, case decided on December 16,2020, LexisNexis #0121-077

CEC Entm't, Inc., In re

Ruling: 
Bankruptcy Code lacked authority to alter lease obligations beyond the 60-day windowdespite the COVID-19 pandemic. (Bankr. S.D. Tex.)
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Commercial case opionion summary, case decided on December 14,2020, LexisNexis #0121-078

Museum of Am. Jewish History, In re

Ruling: 
Valuation of museum’s real property determined based on replacement value. (Bankr. E.D. Pa.)
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Commercial case opionion summary, case decided on December 04,2020, LexisNexis #0121-079

All Terrain, LLC, In re

Ruling: 
Debtor company’s estate was entitled to recover a portion of transfers to related debtorcompany for which it did not receive reasonably equivalent value. (Bankr. D. Idaho)
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Commercial case opionion summary, case decided on December 07,2020, LexisNexis #0121-088

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