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Commercial

Moore Holdings, In re

Ruling
Disclosure statement could not be approved as it lacked adequate information and contained an overly broad exculpation provision that would protect actions taken after the effective date of the Chapter 11 plan. (Bankr. E.D. Cal.)
Issue(s)
Postpetition Disclosure and Solicitation.

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Commercial opinion summary, case decided on May 29, 2025 , LexisNexis #0825-095

Branded Operations Holdings, Inc., In re

Ruling
Debtor lacked standing to modify confirmed plan that was substantially consummated. (Bankr. S.D.N.Y.)
Issue(s)
Modification of Plan; After Confirmation and Before Substantial Consummation.

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Commercial opinion summary, case decided on May 25, 2025 , LexisNexis #0725-095

Van Meter, In re--American Sound & Elecs., Inc. v. Van Meter

Ruling
Debts resulting from willful and malicious injury are subject to discharge when a debtor successfully completes a Chapter 13 plan, unless the debtor seeks a hardship discharge. (Bankr. E.D. Ky.)
Issue(s)
Discharge; Full-Compliance Discharge.

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Commercial opinion summary, case decided on May 23, 2025 , LexisNexis #0725-098

SandRidge Energy, Inc., In re

Ruling
Debtor’s D&O policies and indemnification obligations related to securities lawsuits were assumed under the confirmed plan and became post-petition obligations of debtor. (Bankr. S.D. Tex.)
Issue(s)
Closing and Reopening Cases; When to Reopen.

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Commercial opinion summary, case decided on May 23, 2025 , LexisNexis #0725-079

Mission Hen, LLC v. Lee

Ruling
Claim that matured during the plan’s term was subject to modification and could be bifurcated. (9th Cir.)
Issue(s)
Contents of Plan.

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Commercial opinion summary, case decided on May 22, 2025 , LexisNexis #0725-097

GOL Linhas Aéreas Inteligentes S.A., In re

Ruling
The Purdue Pharma and Energy Resources decisions allow for consensual third- party releases to be included in a Chapter 11 plan. (Bankr. S.D.N.Y.)
Issue(s)
Contents of Plan; Discretionary Provisions; Other Appropriate Provisions.

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Commercial opinion summary, case decided on May 22, 2025 , LexisNexis #0725-094

Tommy's Fort Worth, LLC, In re

Ruling
Debtor's president’s failure to withdraw or amend complaints alleging claims belonging to the estate after being put on notice by the Trustee constituted a continuing violation of the automatic stay. (Bankr. N.D. Tex.)
Issue(s)
Automatic Stay; Scope; Acts to Obtain Property.

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Commercial opinion summary, case decided on May 22, 2025 , LexisNexis #0725-080

ECI Pharms. LLC, In re--Acute Inc. v. ECI Pharms. LLC

Ruling
Proceeding seeking revocation of confirmation stayed to avoid interfering with pending appeal of the confirmation order. (Bankr. S.D. Fla.)
Issue(s)
Revocation of an Order of Confirmation.

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Commercial opinion summary, case decided on May 21, 2025 , LexisNexis #0725-096

Wolfe, In re--Impact Images, Inc. v. Wolfe

Ruling
State court's findings of willful and malicious misappropriation of trade secrets had preclusive effect in nondischargeability proceeding. (Bankr. E D. Tenn.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Willful and Malicious Injury to Another Entity or Property of Another Entity.

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Commercial opinion summary, case decided on May 21, 2025 , LexisNexis #0725-090

BMI Oldco, In re

Ruling
Debtor’s Chapter 11 case preserved as court found Section 524(g) trust served valid purpose of compensating talc claimants through parent funding. (Bankr. S.D. Tex.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on May 20, 2025 , LexisNexis #0825-069