Commercial

R.C.A. Rubber Co., In re--Suhar v. Pension Benefit Guar. Corp.

Ruling: 
Motion to dismiss trustee’s avoidance proceeding granted where lien at issue was a statutorylien that not be avoided as a preferential transfer. (Bankr. N.D. Ohio)
ABI Membership is required to access the full summary of R.C.A. Rubber Co., In re--Suhar v. Pension Benefit Guar. Corp.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 26,2020, LexisNexis #0520-041

Coco Beach Golf & Country Club SE, In re

Ruling: 
Trustee was not entitled to administrative expenses as the fees and expenses claimed did notbenefit the estate in any measurable manner. (Bankr. D.P.R.)
ABI Membership is required to access the full summary of Coco Beach Golf & Country Club SE, In re. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on March 27,2020, LexisNexis #0520-027

TelexFree, In re--Darr v. United States

Ruling: 
IRS's post-petition erroneous refund related to its pre-petition tax claim and was not anadministrative expense claim. (Bankr. D. Mass.)
ABI Membership is required to access the full summary of TelexFree, In re--Darr v. United States. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 26,2020, LexisNexis #0520-029

Keach v. New Brunswick Southern Ry. Ltd. (In re Montreal Maine & Atl. Ry., Ltd.)

Ruling: 
Creditors' claims for their share of payments debtor railroad was to collect from its customersprior to filing its case qualified as "Six Months Rule" claims and were entitled to priority. (1stCir.)
ABI Membership is required to access the full summary of Keach v. New Brunswick Southern Ry. Ltd. (In re Montreal Maine & Atl. Ry., Ltd.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on March 10,2020, LexisNexis #0420-093

Hollister Constr. Servs., LLC, In re

Ruling: 
Filing of post-petition construction liens and enforcement of pre-petition construction liensviolated the automatic stay. (Bankr. D.N.J.)
ABI Membership is required to access the full summary of Hollister Constr. Servs., LLC, In re. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on March 13,2020, LexisNexis #0420-080

Stak Design, Inc., In re

Ruling: 
Court approved the sale of substantially all of the assets of debtor's bankruptcy estate free andclear of liens as the purchaser was a good faith buyer. (Bankr. N.D. Tex.)
ABI Membership is required to access the full summary of Stak Design, Inc., In re. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 12,2020, LexisNexis #0420-081

Southern Produce Distrib. Inc. v. Adams (In re Southern Produce Distrib. Inc.)

Ruling: 
Creditor growers could not be ordered to turn over crops to debtor distributor prior to ajudicial determination that they had breached their agreement with the debtor. (Bankr.E.D.N.C.)
ABI Membership is required to access the full summary of Southern Produce Distrib. Inc. v. Adams (In re Southern Produce Distrib. Inc.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on March 11,2020, LexisNexis #0420-082

VAC Fund Houston, LLC, In re

Ruling: 
Court denied debtor's motion for a determination that a creditor was not entitled to anallowance of default interest on its claim as creditor was an oversecured creditor. (Bankr. D.Nev.)
ABI Membership is required to access the full summary of VAC Fund Houston, LLC, In re. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on February 28,2020, LexisNexis #0420-083

Hillen v. Clarich Farms, LLC (In re Farmers Grain, LLC)

Ruling: 
Summary judgment motions in preferential transfer proceeding denied due to significantmaterial disputes. (Bankr. D. Idaho)
ABI Membership is required to access the full summary of Hillen v. Clarich Farms, LLC (In re Farmers Grain, LLC). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 09,2020, LexisNexis #0420-090

In re Fin. Oversight & Mgmt. Bd.

Ruling: 
District court did not err in denying bondholders’ motion to be appointed as trustees to bringavoidance actions against the Government of Puerto Rico. (1st Cir.)
Court: 1st Circuit ( ) [ Circuit Court ]
ABI Membership is required to access the full summary of In re Fin. Oversight & Mgmt. Bd.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 19,2020, LexisNexis #0420-092

Pages

Subscribe to Commercial