Jan
05
2024
Stream TV Networks, Inc., In re
Ruling:
Appointment of a Chapter 11 trustee to evaluate the debtors' operations, prospects, and abilityto successfully reorganize was in the best interests of creditors and the estate. (Bankr. E.D. Pa.)
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Commercial case opionion summary, case decided on January 05,2024, LexisNexis #0224-094
Jan
03
2024
WC Alamo Indus. Ctr., LP, In re--639 Lanark, LLC v. Alamo Lanark, LLC
Ruling:
Lender was justified in foreclosing on debtor’s property and setting conditions on release ofits lien even though it affected would-be buyer's purchase of the property. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on January 03,2024, LexisNexis #0224-098
Dec
15
2023
Jasper Pellets, LLC, In re--CM Biomass Partners v. Vieira
Ruling:
Agreement settling pre- and postpetition claims was approved and was not unfair.(Bankr. D.S.C.)
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Commercial case opionion summary, case decided on December 15,2023, LexisNexis #0224-100
Court: Judge or Jurisdiction information not available
Jan
10
2024
Steepologie, LLC, In re
Ruling:
Landlord allowed an administrative expense claim for rent owed for the month during whichdebtor rejected the lease and turned over the premises. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on January 10,2024, LexisNexis #0224-082
Jan
03
2024
Damon Cap., Ltd., In re
Ruling:
Counsel for the Lender established that the rates charged were within the range ofreasonableness for professionals in the market of comparable levels of experience and skill.(Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on January 03,2024, LexisNexis #0224-083
Jan
02
2024
BK Racing, LLC, In re--Smith v. BK Racing, LLC
Ruling:
Sanctions were imposed on the defendant in avoidance proceeding as she had continuallyfailed and refused to comply with discovery. (Bankr. W.D.N.C.)
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Commercial case opionion summary, case decided on January 02,2024, LexisNexis #0224-085
Dec
29
2023
OGGUSA, Inc., In re--Oxford Restructuring Advisors, LLC v. Curtis
Ruling:
Plan administrator of a debtor's wind-down trust was entitled to a judgment avoiding debtor'spre-petition transfer to defendant farmer. (Bankr. E.D. Ky.)
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Commercial case opionion summary, case decided on December 29,2023, LexisNexis #0224-086
Jan
04
2024
Evangelical Ret. Homes of Greater Chi., Inc., In re
Ruling:
Bankruptcy court denied the allowance of compensation for certain tasks performed byfinancial advisor due to an apparent computational or typographical error. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on January 04,2024, LexisNexis #0224-077
Dec
27
2023
First Guar. Mortg. Corp., In re
Ruling:
Beneficiaries of consensual third-party release were not entitled to contempt sanctions whereFalse Claims Act claim filed by a relator did not violate the terms of the Chapter 11 plan.(Bankr. D. Del.)
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Commercial case opionion summary, case decided on December 27,2023, LexisNexis #0224-079
Dec
22
2023
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