Jan
04
2010
Jerk Mach. Inc. v. Bank of Am. (In re Jerk Mach. Inc.)
Plaintiff bankruptcy debtor brought an adversary proceeding against defendant transferee of property from the debtor seeking a determination that the transfer was avoidable as fraudulent. The debtor prevailed in the action, the debtor's counsel applied for an award of attorney fees, and the creditor objected to the fee application.
Ruling:
Debtor's counsel entitled to fees for representation in avoidance proceeding.
ABI Membership is required to access the full summary of Jerk Mach. Inc. v. Bank of Am. (In re Jerk Mach. Inc.). 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 04,2010, LexisNexis #0210-002
Jan
04
2010
In re Vail Plaza Dev. LLC
In a debtor's chapter 11 case, four proposed reorganization plans were before the court to be considered for confirmation under 11 U.S.C.S. § 1129.
Ruling:
Joint plan proposed by bank and condominium owners found confirmable.
ABI Membership is required to access the full summary of In re Vail Plaza Dev. LLC. 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 04,2010, LexisNexis #0610-025
Jan
04
2010
In re Reliable Medical Equip.
This case was before the court upon debtor's request for approval of a disclosure statement dated May 11, 2009. Also pending resolution was a creditor's motion to dismiss under 11 U.S.C.S. § 1112(b)(2), (3), (4), for failure to obtain approval of the disclosure statement and confirmation of a plan within a reasonable period.
Ruling:
Case denied to lack of reasonable likelihood of rehabilitation, failure to comply with court orders and failure to file monthly report or complete disclosure statements.
ABI Membership is required to access the full summary of In re Reliable Medical Equip.. 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 04,2010, LexisNexis #0210-094