Sep
20
2010
Bedford Town Condo. v. Washington Gas Light Co. (In re Bedford Town Condo.)
Before the court was movant debtor's expedited motion to sanction a creditor for violation of automatic stay pursuant to 11 U.S.C.S. § 362(a)(1), (3), (6) for violation of 11 U.S.C.S. § 366(c) (the Sanctions Motion). Respondent creditor, a utility company, did not file a response to the Sanctions Motion, but appeared at the hearing held on the matter and argued against sanctions being imposed.
Ruling:
Utility termination notice violated stay and gave rise to sanctions.
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Commercial case opionion summary, case decided on September 20,2010, LexisNexis #1110-005
Apr
01
2010
USGen New Eng. Inc. v. TransCanada Pipeline Ltd. (In re USGen New England Inc.)
Debtor filed a petition under chapter 11 of the Bankruptcy Code, and a Canadian pipeline company filed an amended claim in the amount 52,426,566 Canadian dollars against the debtor's bankruptcy estate. The court approved the debtor's plan for repaying its creditors and held a trial on the debtor's objection to the Canadian company's claim.
Ruling:
Canadian company's claim under contract for transport of natural gas through pipelines allowed subject to adjustment for mitigation credit.
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Commercial case opionion summary, case decided on April 01,2010, LexisNexis #0710-069