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Addington, In re--Business Aircraft Leasing, Inc. v. Ultra Energy Res.

Ruling
Trustee could not transfer governance rights without manager approval, which was not obtained. (Bankr. E.D. Ky.)
Issue(s)
Use, Sale, or Lease of Property; Notice and Hearing; Not in the Ordinary Course of Business.

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Commercial opinion summary, case decided on March 26, 2025 , LexisNexis #0525-081

INMET Mining, LLC, In re--Bluegrass Nat. Res., LLC v. Beckman

Ruling
Adversary proceeding against trustee in a bankruptcy in another district dismissed due toplaintiff’s failure to request permission from the bankruptcy court that appointed the trustee.(Bankr. E.D. Ky.)
Issue(s)
Defenses and Objections -- When and How Presented – By Pleading or Motion --

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Commercial opinion summary, case decided on July 30, 2024 , LexisNexis #1024-074

Mountainside Coal Co., In re

Ruling
Debtors were not entitled to obtain new post-petition credit as the proposed financing was notenough to support debtors through a plan process. (Bankr. E.D. Ky.)
Issue(s)
Conversion or Dismissal.

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Commercial opinion summary, case decided on July 12, 2024 , LexisNexis #0924-042

OGGUSA, Inc., In re--Oxford Restructuring Advisors, LLC v. Curtis

Ruling
Plan administrator of a debtor's wind-down trust was entitled to a judgment avoiding debtor'spre-petition transfer to defendant farmer. (Bankr. E.D. Ky.)
Issue(s)
Preferences.

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Commercial opinion summary, case decided on December 29, 2023 , LexisNexis #0224-086

Oggusa, Inc., In re--GenCanna Acquisition Corp. v. 101 Enters., LLC

Ruling
Purchaser of debtor’s 50% interest in LLC at bankruptcy sale did not acquire a member’sgovernance and economic rights based on the terms of the operating agreement. (Bankr. E.D.Ky.)
Issue(s)
Property of the Estate; Creation and Composition of the Estate.

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Commercial opinion summary, case decided on August 31, 2023 , LexisNexis #1023-064

HDR Farms Inc., In re--HDR Farms Inc. Liquidating Trust v. Applied Botanics LLC

Ruling
Defendants were not entitled to sanctions against plaintiff because the record suggested atleast a bare minimum justification for the allegations in the complaint. (Bankr. E.D. Ky.)
Issue(s)
Signing of Papers; Representations to the Court; Sanctions; Verification and Copies of

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Commercial opinion summary, case decided on December 28, 2022 , LexisNexis #0223-098

HDR Farms Inc., In re--HDR Farms Inc. Liquidating Trust v. Applied Botanics LLC

Ruling
Debtor could seek to recover nominal and punitive damages although it failed to disclosethem in its interrogatory response as the nominal damages were assessed by the court andpunitive damages were requested in the amended complaint. (Bankr. E.D. Ky.)
Issue(s)
Failure to Make Discovery

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Commercial opinion summary, case decided on August 31, 2022 , LexisNexis #1022-068

HDR Farms Inc., In re--HDR Farms Inc. Liquidating Trust v. Applied Botanics LLC

Ruling
Damages for breach of fiduciary duty denied due to lack of evidence. (Bankr. E.D. Ky.)
Issue(s)
Summary Judgment.

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Commercial opinion summary, case decided on August 30, 2022 , LexisNexis #1022-069

Oggusa, Inc. v. Louisville Dryer Co.

Ruling
Creditor's proof of claim was disallowed as the final progress payment under the parties'agreement was not yet due and creditor had conceded that a fair result based on commonsense precluded allowance of its claim. (Bankr. E.D. Ky.)
Issue(s)
Allowance of Claims or Interests.

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Commercial opinion summary, case decided on March 31, 2022 , LexisNexis #0522-080

Cambrian Holding Co. v. Alliance Prime Assocs.

Ruling
Facts alleged in the complaint were accepted as true and allowed a reasonable inference thatdefendants were plausibly liable under the litigating trustee's state and federal fraudulenttransfer claims. (Bankr. E.D. Ky.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable

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Commercial opinion summary, case decided on May 04, 2021 , LexisNexis #0621-062