Dec
11
2020
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
Dec
14
2020
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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Commercial case opionion summary, case decided on December 14,2020, LexisNexis #0121-090
Court: Judge or Jurisdiction information not available
Dec
08
2020
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
Nov
16
2020
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
Dec
16
2020
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
Dec
07
2020
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
Dec
16
2020
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
Dec
14
2020
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
Dec
04
2020
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
Dec
07
2020
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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