Commercial

Roman Catholic Church of the Archdiocese of New Orleans, In re

Ruling: 
Bankruptcy court exercised discretion to create a second committee of unsecured creditorsconsisting of commercial creditors rather than abuse survivor. (Bankr. E.D. La.)
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Commercial case opionion summary, case decided on February 08,2021, LexisNexis #0321-068

Fin. Oversight & Mgmt. Bd. for Puerto Rico, In re

Ruling: 
Court dismissed creditor's claim against Puerto Rico Sales Tax Financing Corporation becausethe relief sought by group of objectors was inequitable and impractical. (1st Cir.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on February 08,2021, LexisNexis #0321-051

USA Gymnastics, In re--USA Gymnastics v. Ace Am. Ins. Co.

Ruling: 
Debtor's general liability insurers were not obligated to pay the bankruptcy costs as part oftheir duty to defend as the bankruptcy case was not a “suit.” (Bankr. S.D. Ind.)
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Commercial case opionion summary, case decided on January 19,2021, LexisNexis #0221-091

Astria Health, In re

Ruling: 
Releases and exculpation provisions in a proposed Chapter 11 plan did not prevent planapproval. (Bankr. E.D. Wash.)
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Commercial case opionion summary, case decided on January 22,2021, LexisNexis #0221-092

Mohajer 12 Corp., In re

Ruling: 
Debtor was not entitled to an order enjoining a state court receiver as it would be contrary tothe terms of a negotiated settlement agreement. (Bankr. S.D. Ala.)
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Commercial case opionion summary, case decided on January 22,2021, LexisNexis #0221-093

United Ref. Co., In re

Ruling: 
Confirmation order satisfied the debtors' burden of proof of notice and discharge of claimsfiled by decedent’s estate 28 years later. (Bankr. S.D. Tex.)
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Commercial case opionion summary, case decided on January 16,2021, LexisNexis #0221-094

Southland Royalty Co. LLC, In re--Southland Royalty Co. LLC v. Halliburton Energy Servs.

Ruling: 
Creditor's postpetition actions did not fall under the exceptions created by 11 U.S.C. § 362(b)(3)rather a violation of automatic stay imposed in 11 U.S.C. § 362(a)(3)-(6). (Bankr. D. Del.)
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Commercial case opionion summary, case decided on January 22,2021, LexisNexis #0221-078

Royal Coachman Mobile Home Park, LLC, In re

Ruling: 
Motion to sell a debtor's mobile home park free and clear of lines were granted as it was themost advantageous to the estate. (Bankr. E.D. Wash.)
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Commercial case opionion summary, case decided on January 20,2021, LexisNexis #0221-080

Kittery Point Partners, LLC v. Bayview Partners, LLC

Ruling: 
A bankruptcy court properly rejected debtor's challenges to creditor's proof of claim regardinga note and mortgage as the challenges were barred by the preclusive effect of a state courtjudgment upholding the validity of the note and mortgage. (B.A.P. 1st Cir.)
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Commercial case opionion summary, case decided on January 14,2021, LexisNexis #0221-082

Southworth, In re

Ruling: 
Continuation of a state court lawsuit would in itself cause harm to debtor and was not coveredby Taggart safe harbor. (Bankr. N.D.N.Y.)
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Commercial case opionion summary, case decided on January 22,2021, LexisNexis #0221-086

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