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Thelen LLP v. Fontana (In re Thelen LLP)

Ruling
Trustee's recovery of partner's draw payments in excess of income subject to offset of excess capital contribution.
Issue(s)
Was trustee entitled to recover draw payments received in excess of income by debtor law firm's partner and was partner entitled to an offset for excess contributions?

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Commercial opinion summary, case decided on August 21, 2015 , LexisNexis #0915-061

In re Chassix Holdings

Ruling
Chapter 11 plan confirmed over objections of creditors subject to modification of disputed release provisions.
Issue(s)
Should chapter 11 plan be confirmed over creditors' objections based on settlement of dividend claim and best interest of creditors and the estate?

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Commercial opinion summary, case decided on July 09, 2015 , LexisNexis #0815-026