Commercial

Connolly Geaney Ablitt & Willard, PC, In re--Grossman v. Durham Commer. Capital Corp.

Ruling: 
Summary judgment in fraudulent transfer proceeding affirmed where transferees failed torebut evidence that debtor did not receive reasonably equivalent value in exchange. (B.A.P. 1stCir.)
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Commercial case opionion summary, case decided on April 07,2020, LexisNexis #0620-016

Nat'l Promoters & Servs., In re--Nat'l Promoters & Servs. v. Multinational Life Ins. Co.

Ruling: 
Filing a proof of claim is not a prerequisite to asserting the right of setoff solely to satisfy anobligation owed to debtor. (Bankr. D.P.R.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on April 06,2020, LexisNexis #0620-017

Kramer, In re

Ruling: 
Creditors were not entitled to dismissal as debtor did not file the case to harass the creditorsand creditors failed to establish evidence that more than 50 percent of their judgment met thedefinition of consumer debt. (Bankr. N.D. Okla.)
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Commercial case opionion summary, case decided on April 08,2020, LexisNexis #0620-018

Manley Toys Ltd., In re

Ruling: 
Motion to grant relief from the automatic stay was denied as there was no "cause" to lift theautomatic stay. (Bankr. D.N.J.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on March 31,2020, LexisNexis #0520-077

Sci. Fitness, LLC, In re--Evans Plaza Partners, LLC v. Evans Fitness Club Express, LLC

Ruling: 
Landlord's complaint for damages was denied as the lease was rejected and could not havebeen assigned or transferred to defendant under the asset purchase agreement. (Bankr. S.D.Ga.)
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Commercial case opionion summary, case decided on March 31,2020, LexisNexis #0520-079

Bay Circle Props., LLC, In re

Ruling: 
Equity holders were not judicially estopped from contesting how much was owed as noamounts owing from either jointly administered debtor were specified in creditor’sfinancial statements. (Bankr. N.D. Ga.)
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Commercial case opionion summary, case decided on April 03,2020, LexisNexis #0520-080

Omni Enters., In re

Ruling: 
Objection to proof of claim was denied as trustee did not identify any reason under Alaskalaw why the claim was not valid as of the petition date. (Bankr. D. Alaska)
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Commercial case opionion summary, case decided on March 31,2020, LexisNexis #0520-081

City of Detroit, In re

Ruling: 
Firefighters’ civil action against debtor city violated the discharge injunction but there wereno grounds for monetary relief. (Bankr. E.D. Mich.)
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Commercial case opionion summary, case decided on April 06,2020, LexisNexis #0520-089

EMAS CHIYODA Subsea Ltd., In re--Searcy v. Pharma-Safe Indus. Servs.

Ruling: 
Summary judgment granted in preference proceeding where plan administrator satisfied allof the required elements. (Bankr. S.D. Tex.)
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Commercial case opionion summary, case decided on April 06,2020, LexisNexis #0520-091

Serviços De Petróleo Constellation S.A., In re

Ruling: 
Withdrawal of foreign nonmain proceeding with respect to one subsidiary of foreign debtorgranted and recognition granted as to nonmain proceeding of second subsidiary inconformity with parent’s recognized foreign proceeding. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on April 03,2020, LexisNexis #0520-097

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