Commercial

Aiwa Corp., In re

Ruling: 
Creditor's motion to modify the automatic stay was denied as premature and prejudicial to thedebtor and the estate. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-031

Interlogic Outsourcing, Inc., In re--OneSource Virtual, Inc. v. Interlogic Outsourcing, Inc.

Ruling: 
Defendant's second abstention motion was granted because of the predominant role Indianalaw would play in interpreting the transfer agreement involved in the adversary proceeding.(Bankr. W.D. Mich.)
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Commercial case opionion summary, case decided on July 30,2021, LexisNexis #0921-032

Bluestem Brands, Inc., In re

Ruling: 
Claim arising from goods physically received and sold by debtors post-petition warrantedadministrative status. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on July 27,2021, LexisNexis #0921-033

Int'l Supply Co., In re--Stone v. Morton Cmty. Bank

Ruling: 
Loan payments were not avoidable as debtor received reasonably equivalent value inexchange for incurring the obligations and for making the payments. (Bankr. C.D. Ill.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-043

Destileria Nacional, Inc., In re

Ruling: 
Court deemed that creditor that had obtained a claim against a Chapter 11 small businessdebtor through transfer was a party in interest that could propose a competing plan. (Bankr.D.P.R.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on July 27,2021, LexisNexis #0921-046

Vandevco Ltd., In re--Cerner Middle East Ltd. v. Belbadi Enters., LLC

Ruling: 
Adversary proceeding alleging breach of contract was dismissed because the United ArabEmirates (UAE) was an adequate alternative forum. (Bankr. W.D. Wash.)
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Commercial case opionion summary, case decided on July 28,2021, LexisNexis #0921-048

In re--Highland Capital Mgmt. L.P. v. Highland Capital Mgmt. Servs

Ruling: 
Bankruptcy court recommended that the district court grant defendant's motion to withdrawthe reference because a turnover claim to collect on a disputed indebtedness under fivepromissory notes was not a core claim. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on July 14,2021, LexisNexis #0921-049

Specialty Select Care Ctr. of San Antonio, LLC, In re--Brown v. Douglas

Ruling: 
Claims for the avoidance of contractual payments dismissed in part as trustee failed tosufficiently allege actual fraud. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on July 21,2021, LexisNexis #0921-017

3P Hightstown, LLC, In re

Ruling: 
Bankruptcy case was dismissed as debtor's case was filed in violation of the LLC Agreementwhich explicitly waived any fiduciary duties and was not void as contrary to public policy.(Bankr. D.N.J.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on July 22,2021, LexisNexis #0921-019

Ford Steel, LLC, In re

Ruling: 
Motion to convert Chapter 11 case to a Chapter 7 was denied because the debtor businesswas turning around following the unusual circumstance of the COVID-19 pandemic. (Bankr.S.D. Tex.)
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Commercial case opionion summary, case decided on July 20,2021, LexisNexis #0921-020

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