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northern district of illinois

Fixler, In re

Ruling
Trustee's motion to sell property of the bankruptcy estate was granted as no creditor who wasto receive a distribution from the estate objected to the sale. (Bankr. N.D. Ill.)
Issue(s)
Use, Sale, or Lease of Property; Notice and Hearing.

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Consumer opinion summary, case decided on November 02, 2023 , LexisNexis #0124-057

Fixler, In re

Ruling
Trustee's motion to sell property of the bankruptcy estate was granted as no creditor who wasto receive a distribution from the estate objected to the sale. (Bankr. N.D. Ill.)
Issue(s)
Use, Sale, or Lease of Property; Notice and Hearing.

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Consumer opinion summary, case decided on November 02, 2023 , LexisNexis #0124-057

Geheren, In re

Ruling
Plan modification motion denied as not proposing equal monthly payments. (Bankr. N.D. Ill.)
Issue(s)
Confirmation of Plan; Conditions for Confirmation; Allowed Secured

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Consumer opinion summary, case decided on October 20, 2023 , LexisNexis #1223-099

Lona, In re

Ruling
Creditor's objection to the debtor's homestead exemption was denied absent authority understate or federal law to disallow a homestead exemption for bad acts. (Bankr. N.D. Ill.)
Issue(s)
Exemptions; Objecting to a Claim of Exemptions.

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Consumer opinion summary, case decided on October 19, 2023 , LexisNexis #0324-099

Butler, In re--Butler v. City of Chicago

Ruling
Motion to dismiss proceeding alleging turnover violation granted to the extent plaintiffssought a claim for contempt for a failure to turn over property immediately. (Bankr. N.D. Ill.)
Issue(s)
Turnover of Property to the Estate.

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Consumer opinion summary, case decided on September 19, 2023 , LexisNexis #1123-062

Novus Structures, Inc., In re

Ruling
Receiver should not be excused from his turnover obligation as the interests of the debtoraligned with the non-lender creditors, who would be better served by turnover. (Bankr. N.D.Ill.)
Issue(s)
Turnover of Property by a Custodian; When Court May Excuse Compliance; Interest of

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Commercial opinion summary, case decided on September 11, 2023 , LexisNexis #1123-039

Ford City Condo. Ass'n, In re--Avellone v. United States Liab. Ins. Co.

Ruling
Trustee failed to state a claim for relief against the debtor’s directors and officers insurancecarrier based on the plain and unambiguous language of the policy. (Bankr. N.D. Ill.)
Issue(s)
Property of the Estate; Restrictions Voided.

ABI Membership is required to access the full summary of Ford City Condo. Ass'n, In re--Avellone v. United States Liab. Ins. Co. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on August 31, 2023 , LexisNexis #1023-089

Hicks, In re

Ruling
City's objection to the Chapter 7 trustee's use of its post-petition interest rate as the "legal rate"of interest on its claim was sustained as the debtor was solvent. (Bankr. N.D. Ill.)
Issue(s)
Allowance of Claims or Interests; Disallowance; Unmatured Interest.

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Consumer opinion summary, case decided on August 31, 2023 , LexisNexis #1023-082

Ford City Condo. Ass'n, In re--City of Chicago v. Ford City Condo. Ass'n

Ruling
Abstention was warranted in an adversary proceeding brought by a city seeking relief understate condominium law as to a condominium property managed by a debtor. (Bankr. N.D. Ill.)
Issue(s)
Bankruptcy Cases and Proceedings; Abstention.

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Commercial opinion summary, case decided on August 31, 2023 , LexisNexis #1023-073

Daddosio, In re--Strategic Funding Source, Inc. v. Daddosio

Ruling
Debt was nondischargeable on grounds of embezzlement where debtor sold assets that weresubject to creditor’s blanket lien and failed to use proceeds to repay the debt. (Bankr. N.D. Ill.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Fiduciary Fraud, Embezzlement, or

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Consumer opinion summary, case decided on August 21, 2023 , LexisNexis #1023-061