Channel Clarity Holdings LLC, In re--Channel Clarity Holdings LLC v. Klaas
Jul
18
2022
Ruling
Chapter 11 debtor could not subordinate an unsecured judgment creditor's claim as it couldnot establish that the claim arose from the purchase or sale of debtor's or an affiliate'ssecurities. (Bankr. N.D. Ill.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Judge or Jurisdiction information not available
Elieff, In re--Kurtin v. Ehrenberg
Mar
21
2022
Ruling
Creditor's claim for breach of a settlement agreement was subordinated as it arose from thepurchase or sale of a security. (B.A.P. 9th Cir.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Court
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Judge or Jurisdiction information not available
Universal Towers Constr., Inc., In re
Sep
15
2021
Ruling
Minority shareholder's claims were not subordinated as it was divested of its ownershipinterest by state court. (Bankr. M.D. Fla.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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RTI Holding Co., LLC, In re
Aug
04
2021
Ruling
Claims inextricably bound to stock purchase were properly subordinated. (Bankr. D. Del.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Emerald Casino, Inc., In re
Jul
24
2020
Ruling
Objection to claims was sustained as trustee concluded that the claims should be treated asequity interests not as general unsecured claims. (Bankr. N.D. Ill.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Linn Energy, LLC, In re--French v. Linn Energy, LLC
Sep
03
2019
Ruling
Payments owed to a shareholder's estate by debtor were properly treated like the equityinterests of a shareholder and subordinated to claims of creditors. (5th Cir.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Caprock Oil Tools, Inc., In re
Mar
09
2018
Ruling
Claim was subject to subordination as claimant's proof of claim arose from his purchase of his Common Stock. (Bankr. S.D. Tex.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Licking River Mining, LLC, In re
Jun
29
2017
Ruling
Defendant's motion to dismiss granted as trustee failed to plead a plausible subordinationclaim against defendants. (Bankr. E.D. Ky.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Flying Star Cafes, Inc., In re--NM Enters. v. Harrington
May
05
2017
Ruling
Creditor lacked standing to pursue subordination of other claims. (Bankr. D.N.M.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Lehman Bros. Holdings, In re--Adler v. Lehman Bros. Holdings
May
04
2017
Ruling
Claimants' RSU-based claims must be subordinated as they arose from the purchase or saleof securities. (2d Cir.)
Issue(s)
Subordination; Purchase or Sale of Securities.
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Judge or Jurisdiction information not available