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Commercial

W.R. Grace & Co., In re

Ruling: 
Court found that negligence claims against debtor’s insurer did not satisfy the derivativeliability and statutory relationship requirements necessary to be enjoined by the channelinginjunction. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on September 23,2019, LexisNexis #1119-041

Insight Terminal Sols., LLC, In re

Ruling: 
Motion to dismiss Chapter 11 bankruptcy was denied where attempts by a secured creditor tolimit debtors' access to the bankruptcy process were against public policy and invalid. (Bankr.W.D. Ky.)
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Commercial case opionion summary, case decided on September 23,2019, LexisNexis #1119-045

La Trinidad Elderly LP SE, In re

Ruling: 
Chapter 11 case dismissed as it was filed solely for forestalling an imminent public sale of thedebtor's real property. (Bankr. D.P.R.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on September 13,2019, LexisNexis #1119-046

Financial Oversight & Mgmt. Bd., In re

Ruling: 
Judgment for specific performance of public work projects was subject to the automatic stay asincorporated in the Puerto Rico Oversight, Management, and Economic Stability Act. (1st Cir.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on September 25,2019, LexisNexis #1119-030

Waypoint Leasing Holdings, In re

Ruling: 
Losing bidder as assignee of debtor lacked standing to challenge sale of assets to good faithpurchaser. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on September 10,2019, LexisNexis #1119-003

Central Processing Servs., LLC, In re

Ruling: 
IRS claim based on debtor’s guaranty of third party’s tax debt was entitled to priority.(Bankr. E.D. Mich.)
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Commercial case opionion summary, case decided on September 05,2019, LexisNexis #1119-004

F-Squared Inv. Mgmt., LLC, In re--Jalbert v. Souza

Ruling: 
Fraudulent transfer proceeding dismissed where trustee had not pled facts sufficient toestablish financial conditions necessary to a constructively fraudulent conveyance. (Bankr.D. Del.)
ABI Membership is required to access the full summary of F-Squared Inv. Mgmt., LLC, In re--Jalbert v. Souza. 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 September 06,2019, LexisNexis #1119-011

Nationwide Ambulance Servs., In re--Isaacson v. Ivchenko

Ruling: 
Trustee could not use relation back rule to avoid and recover post-petition transfers whereclaim was time barred. (Bankr. D.N.J.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on September 06,2019, LexisNexis #1119-012

Aegerion Pharms., In re

Ruling: 
Plan was confirmed where there were good business reasons for separate classification ofongoing trade creditors’ claims. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on September 10,2019, LexisNexis #1119-017

Texas Pellets, Inc., In re

Ruling: 
Court confirmed debtors' joint Chapter 11 plan where debtors proposed the plan in goodfaith and it complied with each applicable provision of the Bankruptcy Code. (Bankr. E.D.Tex.)
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Commercial case opionion summary, case decided on September 06,2019, LexisNexis #1119-018

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