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Augustus Intelligence Inc., In re--Ryniker v. Washington

Ruling
Court found that retention of jurisdiction provisions in a plan alone are insufficient to grant subject matter jurisdiction. (Bankr. D. Del.)
Issue(s)
Procedures.

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Commercial opinion summary, case decided on March 26, 2025 , LexisNexis #0525-097

Stanziale v. Medi Biotech LLC

Ruling
Trustee met the pleading requirements for a fraudulent transfer claim by alleging a transfer for less than reasonably equivalent value at a time of insolvency. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations.

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Consumer opinion summary, case decided on March 20, 2025 , LexisNexis #0525-092

BYJU's Alpha, Inc., In re--BYJU's Alpha, Inc. v. Camshaft Capital Fund, LP

Ruling
Transfer of loan proceeds in exchange for a limited partnership interest was fraudulent based on the presence of multiple badges of fraud while later transfers of the partnership interest without authority for no consideration were also fraudulent. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations.

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Commercial opinion summary, case decided on February 27, 2025 , LexisNexis #0425-091

FTX Trading Ltd., In re--Alameda Rsch. Ltd. v. Giles

Ruling
Motions to dismiss fraudulent transfer claims denied as lack of details on transfer logistics precluded application of the safe harbor for transfers in connection with a securities contract. (Bankr. D. Del.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.

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Consumer opinion summary, case decided on October 23, 2024 , LexisNexis #0125-015

BYJU's Alpha, Inc., In re

Ruling
Court denied motion to dismiss Chapter 11 petition as it was filed in good faith to serve avalid bankruptcy purpose. (Bankr. D. Del.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.

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Commercial opinion summary, case decided on August 08, 2024 , LexisNexis #1024-036

BYJU's Alpha, Inc., In re--BYJU's Alpha, Inc. v. Camshaft Capital Fund, LP

Ruling
Debtor entitled to injunction against creditor that refused to reveal location of funds allegedlyfraudulently transferred. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

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Commercial opinion summary, case decided on April 03, 2024 , LexisNexis #0624-046

Alameda Rsch. Ltd. v. Platform Life Scis. Inc.

Ruling
Dismissal for lack of personal jurisdiction was not warranted as the plaintiffs had presentedcompetent evidence that the defendant had the necessary contacts with and is amenable to suitin the U.S. (Bankr. D. Del.)
Issue(s)
Fraudulent Transfers and Obligations.

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Commercial opinion summary, case decided on December 20, 2023 , LexisNexis #0224-036

Cl H Winddown LLC, In re

Ruling
Motion to dismiss avoidance proceeding granted where trustee failed to allege that thetransfers were made for inadequate consideration. (Bankr. D. Del.)
Issue(s)
Preferences; Avoidable Transfers.

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Commercial opinion summary, case decided on September 05, 2023 , LexisNexis #1023-092

Cl H Winddown LLC, In re

Ruling
Court granted the alleged insider's motion to dismiss avoidance proceeding as trustee failed toallege sufficient facts to establish his insider status. (Bankr. D. Del.)
Issue(s)
Preferences; Avoidable Transfers.

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Commercial opinion summary, case decided on September 04, 2023 , LexisNexis #1023-076

MabVax Therapeutics Holdings, Inc., In re

Ruling
Plan administrator, who was a shareholder, was not subject to removal as nothing in 11 U.S.C.1123 required that he be disinterested. (Bankr. D. Del.)
Issue(s)
Contents of Plan.

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Commercial opinion summary, case decided on June 15, 2023 , LexisNexis #0823-039