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northern district of texas

Stringer, In re

Ruling
Motion for relief from stay granted where movant established that it had an interest in hayand silage located at the debtors' facilities. (Bankr. N.D. Tex.)
Issue(s)
Automatic Stay; Relief from Stay.

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Consumer opinion summary, case decided on April 26, 2024 , LexisNexis #0724-007

McClain Feed Yard, Inc., In re

Ruling
Failure to issue subpoenas was procedurally defective but court could exercise personaljurisdiction over the claimants by virtue of their status as parties-in-interest. (Bankr. N.D. Tex.)
Issue(s)
Examination; Scope of Examination.

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Commercial opinion summary, case decided on April 19, 2024 , LexisNexis #0624-072

Tatum, In re--Anderson v. Tatum

Ruling
Judgement debt was dischargeable as creditor failed to prove that it was a debt for money,property or services obtained by false pretenses, a false representation, or actual fraud. (Bankr.N.D. Tex.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Fraud; False Pretenses, False

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Consumer opinion summary, case decided on April 08, 2024 , LexisNexis #0624-040

Buffalo Station, LLC, In re

Ruling
Confirmation of debtors' Chapter 11 plan was warranted as the compromise and settlementprovisions in the plan were fair, equitable and reasonable. (Bankr. N.D. Tex.)
Issue(s)
Confirmation of Plan.

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Commercial opinion summary, case decided on April 08, 2024 , LexisNexis #0624-017

Flanigan, In re

Ruling
Court found the conduct of the debtor was cause to dismiss the case due to false statements inschedules and testimony. (Bankr. N.D. Tex.)
Issue(s)
Conversion or Dismissal; For Cause.

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Consumer opinion summary, case decided on April 01, 2024 , LexisNexis #0624-019

Johns, In re

Ruling
Debtor's IRA lost its tax-exempt status and thus did not qualify as exempt as the IRA did notsubstantially comply with the Internal Revenue Code because of the prohibited transactions.(Bankr. N.D. Tex.)
Issue(s)
Exemptions; Types of Exempt Property; Retirement Funds.

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Consumer opinion summary, case decided on March 26, 2024 , LexisNexis #0524-062

Cottonwood Fin. Ltd., In re

Ruling
Court found that the pre-petition secured lender liens were valid, binding, enforceable,nonavoidable, properly perfected, and were senior in priority over any and all other liens onthe pre-petition secured lender collateral. (Bankr. N.D. Tex.)
Issue(s)
Obtaining Credit; Authorization When Trustee is Unable to Obtain Credit; Priority

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Commercial opinion summary, case decided on March 22, 2024 , LexisNexis #0524-083

Cottonwood Fin., In re

Ruling
Debtors' payment to a bidder was an actual and necessary cost and expense of preserving thedebtors' estates. (Bankr. N.D. Tex.)
Issue(s)
Allowance of Administrative Expenses; Types of Expenses Allowed.

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Commercial opinion summary, case decided on March 21, 2024 , LexisNexis #0524-061

Stringer, In re

Ruling
Automatic stay as to the banks was lifted as debtors' made a blatant attempt to stay one bankdespite its court-approved agreement that the bank would not be stayed by anotherbankruptcy filing. (Bankr. N.D. Tex.)
Issue(s)
Automatic Stay; Relief from Stay; For Cause.

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Consumer opinion summary, case decided on March 21, 2024 , LexisNexis #0524-053

Cottonwood Fin., In re

Ruling
Debtors were authorized, but not directed, to designate, maintain, close, and continue to usetheir existing bank accounts. (Bankr. N.D. Tex.)
Issue(s)
Money of Estates; Requirements of Non-U.S. Guaranteed Entities with Which Deposit or

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Commercial opinion summary, case decided on March 19, 2024 , LexisNexis #0524-080