Sep
12
2018
Railyard Co., LLC, In re
Ruling:
Members of an LLC lacked standing as parties in interest to defend their LLC's claim as only the LLC, not the members, had a claim to debtor's estate. (Bankr. D.N.M.)
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Commercial case opionion summary, case decided on September 12,2018, LexisNexis #1018-108
Court: Judge or Jurisdiction information not available
Sep
10
2018
Pinnacle Land Grp., LLC, In re--Wilmington Trust, N.A. v. Pinnacle Land Grp., LLC
Ruling:
Court dismissed debtor's chapter 11 case as it did not serve a genuine reorganizational purpose. (Bankr. W.D. Pa.)
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Commercial case opionion summary, case decided on September 10,2018, LexisNexis #1018-109
Sep
14
2018
Um v. Spokane Rock I, LLC
Ruling:
Debtors were not entitled to discharge a debt arising out of a state-court judgment for fraud and misrepresentation as the plan of reorganization was explicitly a liquidation plan and disposed of all the estate assets. (9th Cir.)
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Commercial case opionion summary, case decided on September 14,2018, LexisNexis #1018-110
Court: Judge or Jurisdiction information not available
Sep
14
2018
Northstar Offshore Grp., LLC, In re
Ruling:
Creditor's motion for leave to late-file proof of claim granted as it demonstrated sufficient reason for its delay in filing its proof of claim. (Bankr. S.D. Tex.)
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Commercial case opionion summary, case decided on September 14,2018, LexisNexis #1018-119
Sep
13
2018
First River Energy, LLC, In re
Ruling:
Debtor's counsel's first interim fee application was denied in part as fees associated with the filing were not reasonable and necessary because those services only benefited debtor's board and its officers. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on September 13,2018, LexisNexis #1018-094
Sep
13
2018
First River Energy, LLC, In re
Ruling:
Financial advisor's first and final application for allowance of compensation was granted in part where court found that the tasks performed were consistent with the scope of work authorized under the retention order. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on September 13,2018, LexisNexis #1018-095
Sep
12
2018
Osage Water Co., In re--Williams v. Hancock Constr. Co.
Ruling:
Order of revival for the fourth judgment entered after the bankruptcy filing was void ab initio as it was a violation of automatic stay and was not entitled to the protection of the Rooker-Feldman doctrine. (Bankr. W.D. Mo.)
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Commercial case opionion summary, case decided on September 12,2018, LexisNexis #1018-096
Sep
12
2018
Blue Global, LLC, In re--Yoo v. Zeta Interactive
Ruling:
Payments made by debtor were exempt from avoidance as the trustee failed to establish that the payments were not made in the ordinary course of business or according to ordinary business terms within the affiliate marketing industry. (Bankr. C.D. Cal.)
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Commercial case opionion summary, case decided on September 12,2018, LexisNexis #1018-104
Sep
12
2018
Green Field Energy Servs., In re--Halperin v. Moreno
Ruling:
Trustee could not recover any portion of preferential transfers from debtor's CEO as he failed to establish that he was an ultimate beneficiary where there was no evidence that CEO received an actual benefit from the transfers or that he had access to the transfers. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on September 12,2018, LexisNexis #1018-105
Sep
06
2018
PostRock Energy Corp., In re
Ruling:
Trustee's claim for fraudulent transfer was dismissed as he failed to indicate which of the sixjointly administered debtors made the transfer. (Bankr. W.D. Okla.)
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Commercial case opionion summary, case decided on September 06,2018, LexisNexis #1018-079
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