Search Opinion

In re Cantico Intl Ltd.

A trustee filed a motion for monetary sanctions, pursuant to Fed. R. Bankr. P. 9011, against a putative owner and his attorney in an involuntary chapter 11 case.
Ruling: 
Sanctions imposed against putative owner of property for filing involuntary chapter 11 case to delay foreclosure without justification.
ABI Membership is required to access the full summary of In re Cantico Intl Ltd.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on March 19,2008, LexisNexis #0508-057

In re Evergreen Sec. Ltd.

The debtor filed a motion for sanctions pursuant to Fed. R. Bankr. P. 9011 seeking sanctions against respondents, two attorneys and their respective law firms. The central issues for determination were whether respondents presented and advocated a recusal motion in bad faith and, if they did, what sanctions were to be imposed against them.
Ruling: 
Attorneys and their firms sanctioned for filing and pursuing recusal motion in bad faith.
ABI Membership is required to access the full summary of In re Evergreen Sec. Ltd.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on January 02,2008, LexisNexis #0308-140