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Commercial

Young Elec. Contrs., In re

Ruling: 
Court found that involuntary petition was filed in bad faith as the petitioning creditors didnot conduct a reasonable inquiry into the relevant facts. (Bankr. D. Md.)
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Commercial case opionion summary, case decided on May 15,2019, LexisNexis #0719-076

F-Squared Inv. Mgmt., LLC, In re--Jalbert v. Flanagan

Ruling: 
Debtor's motion to dismiss the trustee's fraudulent conveyance counts was granted asdiscretionary bonuses are not per se of no value for purposes of § 548. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 07,2019, LexisNexis #0719-068

All. BioEnergy Plus, Inc., In re--All. BioEnergy Plus, Inc. v. Lenaburg

Ruling: 
Creditor's claims for future base pay and annual bonuses were capped under bankruptcy law.(Bankr. S.D. Fla.)
ABI Membership is required to access the full summary of All. BioEnergy Plus, Inc., In re--All. BioEnergy Plus, Inc. v. Lenaburg. 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 May 10,2019, LexisNexis #0719-059

M & G USA Corp., In re

Ruling: 
Court granted committee's motion for an administrative expense claim where it providedsubstantial contribution by demonstrably and materially facilitating the process ofreorganization. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on May 06,2019, LexisNexis #0719-061

Friede Goldman Halter, In re

Ruling: 
Motion to reopen chapter 11 cases denied as the movant was not a debtor nor a party ininterest. (Bankr. S.D. Miss.)
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Commercial case opionion summary, case decided on May 02,2019, LexisNexis #0719-026

Bridge, In re

Ruling: 
Motion for relief to proceed with a state court trial denied as the case would be resolvedwithout the need to liquidate creditors' claims. (Bankr. D.N.M.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on May 03,2019, LexisNexis #0719-031

Boston Grand Prix, LLC, In re--Cruickshank v. George R. Roberts Co.

Ruling: 
Debtor's transfers of checks to creditor were fraudulent transfers based upon the presumptionof insolvency and testimony of trustee's expert. (Bankr. D. Mass.)
ABI Membership is required to access the full summary of Boston Grand Prix, LLC, In re--Cruickshank v. George R. Roberts Co.. 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 April 29,2019, LexisNexis #0719-036

Haw. Island Air, In re

Ruling: 
Trustee was entitled to partial summary judgment where existence of any liens on the assetsand proceeds was not relevant to the avoidance of the transfer under § 547. (Bankr. D. Haw.)
Court: Judge or Jurisdiction information not available
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Commercial case opionion summary, case decided on May 07,2019, LexisNexis #0719-037

Bullitt Utils., In re

Ruling: 
Debtor was entitled to recover damages for breach of contract and fraudulent transfers byreceiver. (Bankr. W.D. Ky.)
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Commercial case opionion summary, case decided on April 30,2019, LexisNexis #0719-038

Blast Fitness Group, In re

Ruling: 
Motion to dismiss denied where trustee asserted a plausible claim that debtor's principal wasa beneficial or a subsequent transferee. (Bankr. D. Mass.)
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Commercial case opionion summary, case decided on April 30,2019, LexisNexis #0719-039

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