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§ 1111

S-Tek 1, LLC, In re

Ruling
Creditor in Subchapter V case that elected to treat its entire claim as secured was entitled tovote its impaired secured claim but relinquished its right to vote as an unsecured creditor.(Bankr. D.N.M.)
Issue(s)
Claims and Interests; Claims Secured by Liens.

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:
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on December 09, 2021 , LexisNexis #0122-094

VP Williams Trans, LLC, In re

Ruling
Creditor's election of secured status for claim based on security interest in debtor’s taximedallion was timely, effective and not waived. (Bankr. S.D.N.Y.)
Issue(s)
Claims and Interests; Claims Secured by Liens.

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Commercial opinion summary, case decided on September 29, 2020 , LexisNexis #1120-045

Murray Metallurgical Coal Holdings, LLC, In re

Ruling
Creditor could not elect to treat its claim as fully secured where collateral was being soldunder the plan and forfeited any right it had to credit bid on the collateral alone when itconsented to the bidding procedures. (Bankr. S.D. Ohio)
Issue(s)
Claims and Interests; Claims Secured by Liens; Election of Secured Status.

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Commercial opinion summary, case decided on August 08, 2020 , LexisNexis #0920-068

Stephanie's Too, LLC, In re

Ruling
Partially secured creditor permitted to cast ballot on debtor's plan where creditor's claim wasscheduled as undisputed. (Bankr. D.N.J.)
Issue(s)
Claims and Interests; Proof of Claim Deemed Filed as Scheduled.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 09, 2020 , LexisNexis #0220-070

I & I Pizza of Atlanta, Inc., In re--I & I Pizza of Atlanta, Inc. v. Black

Ruling
Late-filed proofs of claims disallowed in absence of excusable neglect despite debtor’s failureto schedule the claims as disputed and unliquidated. (Bankr. N.D. Ga.)
Issue(s)
Claims and Interests; Proof of Claim Deemed Filed as Scheduled.

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Commercial opinion summary, case decided on July 02, 2019 , LexisNexis #0919-016

Pioneer Carriers, LLC, In re

Ruling
Court ruled that an undersecured creditor who elects the application of § 1111(b) is entitledto its post-petition attorneys' fees as part of its secured claim. (Bankr. S.D. Tex.)
Issue(s)
Claims and Interests; Claims Secured by Liens; Election of Secured Status.

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Commercial opinion summary, case decided on February 08, 2018 , LexisNexis #0318-080

Transwest Resort Props., In re--JPMCC 2007-C1 Grasslawn Lodging, LLC v. Transwest Resort Props.

Ruling
Plan involving an electing creditor was not required to contain a due-on-sale clause. (9th Cir.)
Issue(s)
Claims and Interests; Claims Secured by Liens; Election of Secured Status.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 25, 2018 , LexisNexis #0318-019

Transwest Resort Props., In re--JPMCC 2007-C1 Grasslawn Lodging, LLC v. Transwest Resort Props.

Ruling
Plan involving an electing creditor was not required to contain a due-on-sale clause. (9th Cir.)
Issue(s)
Claims and Interests; Claims Secured by Liens; Election of Secured Status.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on January 25, 2018 , LexisNexis #0318-019

Salamon, In re--Mastan v. Salamon

Ruling
Creditor could not transform its non-recourse claim into a recourse claim as the property securing the lien had already been foreclosed upon by a senior lienholder. (9th Cir.)
Issue(s)
Claims and Interests; Claims Secured by Liens.

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Court :
Consumer opinion summary, case decided on April 20, 2017 , LexisNexis #0517-107

In re AT-NET Services-Charlotte Inc.

Ruling
Undersecured creditor's claim against debtor's receivables was not of inconsequential value and could be elected to be treated as secured.
Issue(s)
Whether undersecured creditor's interest is "of inconsequential value" which would prevent the creditor from electing to have its entire claim treated as secured.

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Commercial opinion summary, case decided on August 17, 2015 , LexisNexis #0915-024