Jul
28
2021
Aiwa Corp., In re
Ruling:
Creditor's motion to modify the automatic stay was denied as premature and prejudicial to thedebtor and the estate. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-031
Jul
30
2021
Interlogic Outsourcing, Inc., In re--OneSource Virtual, Inc. v. Interlogic Outsourcing, Inc.
Ruling:
Defendant's second abstention motion was granted because of the predominant role Indianalaw would play in interpreting the transfer agreement involved in the adversary proceeding.(Bankr. W.D. Mich.)
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Commercial case opionion summary, case decided on July 30,2021, LexisNexis #0921-032
Jul
27
2021
Bluestem Brands, Inc., In re
Ruling:
Claim arising from goods physically received and sold by debtors post-petition warrantedadministrative status. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on July 27,2021, LexisNexis #0921-033
Jul
28
2021
Int'l Supply Co., In re--Stone v. Morton Cmty. Bank
Ruling:
Loan payments were not avoidable as debtor received reasonably equivalent value inexchange for incurring the obligations and for making the payments. (Bankr. C.D. Ill.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-043
Jul
27
2021
Destileria Nacional, Inc., In re
Ruling:
Court deemed that creditor that had obtained a claim against a Chapter 11 small businessdebtor through transfer was a party in interest that could propose a competing plan. (Bankr.D.P.R.)
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Commercial case opionion summary, case decided on July 27,2021, LexisNexis #0921-046
Court: Judge or Jurisdiction information not available
Jul
28
2021
Vandevco Ltd., In re--Cerner Middle East Ltd. v. Belbadi Enters., LLC
Ruling:
Adversary proceeding alleging breach of contract was dismissed because the United ArabEmirates (UAE) was an adequate alternative forum. (Bankr. W.D. Wash.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-048
Jul
14
2021
In re--Highland Capital Mgmt. L.P. v. Highland Capital Mgmt. Servs
Ruling:
Bankruptcy court recommended that the district court grant defendant's motion to withdrawthe reference because a turnover claim to collect on a disputed indebtedness under fivepromissory notes was not a core claim. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on July 14,2021, LexisNexis #0921-049
Court: 5th Circuit ( ) [ Bankruptcy Court ]
Jul
21
2021
Specialty Select Care Ctr. of San Antonio, LLC, In re--Brown v. Douglas
Ruling:
Claims for the avoidance of contractual payments dismissed in part as trustee failed tosufficiently allege actual fraud. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on July 21,2021, LexisNexis #0921-017
Jul
22
2021
3P Hightstown, LLC, In re
Ruling:
Bankruptcy case was dismissed as debtor's case was filed in violation of the LLC Agreementwhich explicitly waived any fiduciary duties and was not void as contrary to public policy.(Bankr. D.N.J.)
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Commercial case opionion summary, case decided on July 22,2021, LexisNexis #0921-019
Court: Judge or Jurisdiction information not available
Jul
20
2021
Ford Steel, LLC, In re
Ruling:
Motion to convert Chapter 11 case to a Chapter 7 was denied because the debtor businesswas turning around following the unusual circumstance of the COVID-19 pandemic. (Bankr.S.D. Tex.)
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Commercial case opionion summary, case decided on July 20,2021, LexisNexis #0921-020
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