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northern district of illinois

IYS Ventures, LLC, In re--IYS Ventures, LLC v. Itria Ventures, LLC

Ruling
The Bankruptcy Code did not authorize the court to determine that a state court order freezingdebtor's assets could take the place of the financing statement required by state law. (Bankr.N.D. Ill.)
Issue(s)
Power of Court.

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Commercial opinion summary, case decided on July 25, 2024 , LexisNexis #0924-077

Yao, In re--Custer v. Yao

Ruling
Res judicata did not apply to nondischargeability proceeding as bankruptcy was not yet filedduring prior state court fraud and breach of contract action. (Bankr. N.D. Ill.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted.

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Consumer opinion summary, case decided on July 23, 2024 , LexisNexis #0924-062

Conway, In re--Hart v. Greenwich Bus. Cap., LLC

Ruling
Preliminary injunction restraining defendant from pursuing litigation outside the adversaryproceeding was warranted as the bankruptcy court had exclusive jurisdiction over property ofthe estate. (Bankr. W.D. Wis.)
Issue(s)
Bankruptcy Cases and Proceedings; Exclusive Jurisdiction Over Property of

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Consumer opinion summary, case decided on July 19, 2024 , LexisNexis #0924-098

Brown, In re--Brown v. Goldman Sachs Bank USA

Ruling
Bank's motion to compel arbitration and stay action was denied as the debtor's claims wereconstitutionally core bankruptcy proceedings that the bankruptcy court had discretion toretain rather than compel arbitration. (Bankr. W.D. Va.)
Issue(s)
Procedures.

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Consumer opinion summary, case decided on July 15, 2024 , LexisNexis #0924-097

Naranjo, In re--Martinez v. Naranjo

Ruling
Plaintiff sufficiently pleaded a nondischargeability claim as he alleged that the defendantmisrepresented and lied about what he intended to do with the plaintiff's money. (Bankr. N.D.Ill.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted.

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Consumer opinion summary, case decided on June 24, 2024 , LexisNexis #0824-087

Neely Grp., Inc., In re

Ruling
Debtor's motion for stay violation denied as franchisee had cause to terminate franchiseagreements pre-petition in accordance with agreement terms and applicable law. (Bankr. N.D.Ill.)
Issue(s)
Automatic Stay.

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Commercial opinion summary, case decided on June 11, 2024 , LexisNexis #0824-027

J Publ'n Co., In re

Ruling
Trustee allowed to estimate and set at zero the bankruptcy estate's potential liability for IRStax penalties to proceed with distributions to creditors, as debtor was no longer in businessand court had related-to jurisdiction to avoid lengthy delay. (Bankr. N.D. Ill.)
Issue(s)
Allowance of Claims or Interests; Estimated Claims.

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Commercial opinion summary, case decided on June 03, 2024 , LexisNexis #0824-008

We'll Clean Inc., In re

Ruling
Trustee was entitled to prevail only in part in his claim that certain causes of action pending ina state court lawsuit were property of the bankruptcy estate and thus could be pursued by thetrustee. (Bankr. N.D. Ill.)
Issue(s)
Role and Capacity of Trustee; Capacity to Sue and Be Sued.

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Commercial opinion summary, case decided on May 21, 2024 , LexisNexis #0724-077

St. Margaret's Health – Peru, In re

Ruling
U.S. Trustee's objection to the motion for a combined hearing on disclosures and Chapter 11plan confirmation overruled as the combined hearing was to the benefit of all partiesinvolved. (Bankr. N.D. Ill.)
Issue(s)
Power of Court; Status Conferences; Orders; Chapter 11 Plans.

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Commercial opinion summary, case decided on May 08, 2024 , LexisNexis #0724-027

Hozey, In re

Ruling
Court found that debtor's bankruptcy schedules and statements, particularly those disclosingher income, did not reasonably and accurately reflect her financial condition. (Bankr. N.D. Ill.)
Issue(s)
Dismissal of a Case or Conversion to a Case Under Chapter 11 or 13; Substantial Abuse.

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Consumer opinion summary, case decided on April 30, 2024 , LexisNexis #0724-017