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Latex Foam Int'l, LLC, In re

Ruling: 
Debtors' motion for continued use of cash collateral was granted as the sum of the debtors'cash on hand, eligible inventory, and accounts receivable was adequate protection. (Bankr. D.Conn.)
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Commercial case opionion summary, case decided on May 04,2020, LexisNexis #0620-084

Loewenstein, In re--Loewenstein v. United States Dep't of Educ.

Ruling: 
Adversary proceeding dismissed as defendant as an agency of the United States governmentcould not be sued absent either a waiver of sovereign immunity or its consent. (Bankr. D. Idaho)
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Consumer case opionion summary, case decided on May 01,2020, LexisNexis #0620-052

Interra Innovation, Inc., In re

Ruling: 
Creditor's request to extend the filing deadline and payment of administrative expense weredenied as untimely as the deadline was the sixtieth day after the first date set for the § 341meeting of creditors. (Bankr. D. Mass.)
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Commercial case opionion summary, case decided on May 01,2020, LexisNexis #0620-057

Penobscot Valley Hosp., In re--Penobscot Valley Hosp. v. Carranza

Ruling: 
Temporary restraining order granted given likelihood of success on claim that SBAdiscriminated against debtor by refusing to allow debtor to participate in the PayrollProtection Program. (Bankr. D. Me.)
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Commercial case opionion summary, case decided on May 01,2020, LexisNexis #0620-090

First NBC Bank Holding Co., In re

Ruling: 
Plan was confirmed as it did not violate the absolute priority rule where Treasury retained allof its pre-petition rights and was not losing any right to payment under the plan. (Bankr. E.D.La.)
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Commercial case opionion summary, case decided on May 01,2020, LexisNexis #0620-096

Stirlen, In re--Karass v. Stirlen

Ruling: 
Debtor guarantor could assert a guaranteed party’s setoff defense to allegedlynondischargeable debt. (Bankr. N.D. Ill.)
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Consumer case opionion summary, case decided on April 30,2020, LexisNexis #0620-067

Stillmunkes, In re--Bushman Custom Farming, LLC v. Stillmunkes

Ruling: 
Abstention was warranted under § 1334(c)(1) as the possible impact on the estate was smalland the case was not a core bankruptcy proceeding. (Bankr. N.D. Iowa)
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Consumer case opionion summary, case decided on April 30,2020, LexisNexis #0620-074

Richards, In re

Ruling: 
Debtors' objection to IRS claim was sustained to the extent a tax refund was applied to theIRS's claim in derogation of the confirmed chapter 12 plan. (Bankr. S.D. Ind.)
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Consumer case opionion summary, case decided on April 29,2020, LexisNexis #0620-056

A.N. Frieda Diamonds, Inc., In re--Harrison v. Konfino

Ruling: 
Trustee could not ignore creditor’s claim against pawn shop that sold diamonds consigned bydebtor that were subject to creditor’s security interest. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on April 29,2020, LexisNexis #0620-066

Mansel, In re--Piggly Wiggly Ala. Distrib. Co. v. Mansel

Ruling: 
Creditor's claim was deemed allowed as the creditor had filed its proof of claim in theunderlying bankruptcy case and the debtor did not object. (Bankr. N.D. Miss.)
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Consumer case opionion summary, case decided on April 29,2020, LexisNexis #0620-087

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