Commercial

LuMee LLC, In re--LuMee LLC v. Fernandez

Ruling: 
Transfer made while debtor was insolvent could be avoided due to transferee’s lack of goodfaith. (Bankr. D. Utah)
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Commercial case opionion summary, case decided on December 22,2023, LexisNexis #0224-068

Celsius Network LLC, In re

Ruling: 
Discrete changes to debtor’s plan that resulted in better distributions to creditors approved.(Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 27,2023, LexisNexis #0224-070

RML, LLC, In re

Ruling: 
Personal injury claimants were not entitled to file late claims absent showing excusableneglect. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 20,2023, LexisNexis #0224-075

Portofindough LLC, In re

Ruling: 
Automatic stay did not apply to the lease that was terminated pre-petition by the expiration ofits stated term. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 22,2023, LexisNexis #0224-053

HP Bennett, LLC, In re

Ruling: 
Motion by assignee of tax certificate to reopen a foreclosure action violated the automatic stay.(Bankr. D.D.C.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on December 22,2023, LexisNexis #0224-055

Coal Network, LLC, In re

Ruling: 
Creditor's damages claim was limited to the value of any replacement coal it purchased uponthe debtor's failure to supply coal pursuant to their agreement. (Bankr. E.D. Ky.)
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Commercial case opionion summary, case decided on December 22,2023, LexisNexis #0224-056

Matlinpatterson Glob. Opportunities Partners II L.P., In re

Ruling: 
Bankruptcy court found that the unresolved portions of the creditor's claim were disallowedand expunged as he did not satisfy the indemnity agreement's requirement ofcontemporaneous notification to a debtor entity of any claims against the creditor. (Bankr.S.D.N.Y.)
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Commercial case opionion summary, case decided on December 21,2023, LexisNexis #0224-057

Chuza Oil Co., In re--Montoya v. Goldstein

Ruling: 
Bankruptcy court correctly concluded that the earmarking doctrine was an available defensefor debtor's transfers to the principal's mother of money loaned to it for that purpose. (10thCir.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on December 12,2023, LexisNexis #0224-035

Alameda Rsch. Ltd. v. Platform Life Scis. Inc.

Ruling: 
Dismissal for lack of personal jurisdiction was not warranted as the plaintiffs had presentedcompetent evidence that the defendant had the necessary contacts with and is amenable to suitin the U.S. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on December 20,2023, LexisNexis #0224-036

Aina Le'a, Inc., In re

Ruling: 
Dismissal following debtor’s default in carrying out confirmed Chapter 11 plan was notwarranted as it would not provide any relief for any of the creditors. (Bankr. D. Haw.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on December 18,2023, LexisNexis #0224-039

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