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§ 543(d)

Novus Structures, Inc., In re

Ruling
Receiver should not be excused from his turnover obligation as the interests of the debtoraligned with the non-lender creditors, who would be better served by turnover. (Bankr. N.D.Ill.)
Issue(s)
Turnover of Property by a Custodian; When Court May Excuse Compliance; Interest of

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Commercial opinion summary, case decided on September 11, 2023 , LexisNexis #1123-039

Krieger, In re

Ruling
Debtors' motion to excuse receiver from turnover of receivership funds denied. (Bankr. W.D.Mich.)
Issue(s)
Turnover of Property by a Custodian; When Court May Excuse Compliance; Interest of

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Consumer opinion summary, case decided on January 24, 2020 , LexisNexis #0320-013

Packard Square LLC, In re

Ruling
Debtor's turnover motion denied where court held that the only viable choice is to allow thestate court receiver to continue to perform and control the construction, completion, andultimate stabilization of the project. (Bankr. E.D. Mich.)
Issue(s)
Turnover of Property by a Custodian; When Court May Excuse Compliance; Interest of Creditors.

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Commercial opinion summary, case decided on October 13, 2017 , LexisNexis #1117-083

In re Corporate & Leisure Event Prods.

Ruling
State court receivership order could not bar debtor from availing self of exclusive bankruptcy court jurisdiction.
Procedural posture

State-court appointed receiver for chapter 11 debtor filed a motion to dismiss its bankruptcy case.

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opinion summary, case decided on September 05, 2006 , LexisNexis #1006-044