Commercial

Ameriflex Eng'g LLC

Ruling: 
Court denied confirmation of chapter 11 plan as it did not allow for competing bids. (Bankr. D. Or.)
ABI Membership is required to access the full summary of Ameriflex Eng'g LLC. 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 July 31,2018, LexisNexis #0918-056

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.)
ABI Membership is required to access the full summary of Hungry Horse, LLC, In re. 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 July 31,2018, LexisNexis #0918-033

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.)
ABI Membership is required to access the full summary of Coder Foundry, LLC, In re. 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 August 01,2018, LexisNexis #0918-037

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.)
ABI Membership is required to access the full summary of SoyNut Butter Co., In re. 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 August 01,2018, LexisNexis #0918-040

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.)
ABI Membership is required to access the full summary of Energy Future Holdings Corp., In re. 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 August 01,2018, LexisNexis #0918-041

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.)
ABI Membership is required to access the full summary of MB Indus., L.L.C., In re--Dooley v. MB Indus., L.L.C.. 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 August 01,2018, LexisNexis #0918-042

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.)
ABI Membership is required to access the full summary of 1075 S Yukon, LLC, In re. 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 July 30,2018, LexisNexis #0918-031

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.)
ABI Membership is required to access the full summary of Dille Family Trust, In re. 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 July 25,2018, LexisNexis #0918-023

Charleston Assocs., LLC, In re

Ruling: 
Conversion of case to chapter 7 was denied as conversion would not produce assets fordistribution. (Bankr. D. Nev.)
ABI Membership is required to access the full summary of Charleston Assocs., LLC, In re. 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 July 24,2018, LexisNexis #0918-024

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.)
ABI Membership is required to access the full summary of Wrightwood Guest Ranch, LLC, In re--Reid & Hellyer, APC v. Laski. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on July 25,2018, LexisNexis #0918-030

Pages

Subscribe to Commercial