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Commercial

Manhattan Jeep Chrysler Dodge, Inc., In re

Ruling: 
Objections to the adequacy of the disclosure of debtor's plan overruled as untimely filed andbecause debtor established that the plan met the requirements for confirmation. (Bankr.S.D.N.Y.)
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Commercial case opionion summary, case decided on May 15,2019, LexisNexis #0819-016

British Am. Ins. Co., In re

Ruling: 
Fraudulent transfer claim against debtor was non-core as it aimed only to augment the estateadministered by the judgment creditor. (Bankr. S.D. Fla.)
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Commercial case opionion summary, case decided on May 17,2019, LexisNexis #0819-021

On-Site Fuel Serv., In re

Ruling: 
Involuntary petition was not subject to dismissal as petitioning creditors showed that thedebtor was not paying its debts as they became due. (Bankr. S.D. Miss.)
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Commercial case opionion summary, case decided on May 24,2019, LexisNexis #0819-002

Mission Prod. Holdings v. Tempnology, LLC

Ruling: 
Rejection of a trademark license in bankruptcy amounts to a breach of the licensing agreementand has the same effect as a breach outside of bankruptcy. (Supreme Court)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on May 20,2019, LexisNexis #0719-081

Rent Rite Superkegs W., In re

Ruling: 
Failure of debtor and manufacturer to perform obligations under a distributor agreementconstituted a material breach making the distributor agreement executory. (Bankr. S.D. Ohio)
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Commercial case opionion summary, case decided on May 10,2019, LexisNexis #0719-082

Vanguard Natural Res., In re

Ruling: 
Revenue department's motion to abstain denied where determination of debtor's tax issuesheavily implicated the bankruptcy code's objectives. (Bankr. S.D. Tex.)
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Commercial case opionion summary, case decided on May 14,2019, LexisNexis #0719-084

Davis, In re--Tower Credit, Inc. v. Davis

Ruling: 
Debt was dischargeable where creditor's reliance on debtor's incomplete financial picture toestablish fraud was not reasonable. (Bankr. M.D. La.)
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Commercial case opionion summary, case decided on May 16,2019, LexisNexis #0719-087

Royalty Props., LLC, In re

Ruling: 
Motion to excuse compliance was denied as it was moot and untimely where receiver turnedover the property before creditor filed its motion. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on May 17,2019, LexisNexis #0719-091

Victory Med. Ctr. Mid-Cities, In re

Ruling: 
Debtor was entitled to summary judgment in fraudulent transfer proceeding as debtorreceived a reasonably equivalent value under the settlement agreement in question. (Bankr.N.D. Tex.)
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Commercial case opionion summary, case decided on May 13,2019, LexisNexis #0719-092

Capital Contr. Co., In re

Ruling: 
Law firm lacked standing to object to a trustee's final report in a Chapter 7 bankruptcy case asit was not directly and adversely affected by the court's order. (6th Cir.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on May 21,2019, LexisNexis #0719-095

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