Winter Leadership Conference | December 5-7 | Rancho Palos Verdes , CA Register Today View Schedule

§ 101(9)

In re Blanche Zwedling Revocable Living Trust

Ruling: 
Trust holding title to real and personal property for the benefit of the trustor was not a business trust and not an eligible debtor.
ABI Membership is required to access the full summary of In re Blanche Zwedling Revocable Living Trust. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on June 11,2015, LexisNexis #0715-001

Sherron Assocs. Loan Fund XXI (Lacey) LLC v. Thomas (In re Parks)

Ruling: 
LLC was a "corporation" that could be an "affiliate" or "insider" of debtor.
ABI Membership is required to access the full summary of Sherron Assocs. Loan Fund XXI (Lacey) LLC v. Thomas (In re Parks). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Consumer case opionion summary, case decided on December 18,2013, LexisNexis #0114-001

In re Wyatt & McAlister PLLC

Following the filing of a voluntary chapter 7 case on behalf of debtor, a professional limited liability company (PLLC), by one of its members, the other member of the PLLC filed an emergency motion to dismiss the chapter 7 voluntary petition.
Ruling: 
Case dismissed where both members of PLLC did not join in petition.
ABI Membership is required to access the full summary of In re Wyatt & McAlister PLLC. 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 April 23,2010, LexisNexis #0710-106

Wallach v. Douglas (In re Promedicus Health Group LLP)

Plaintiff bankruptcy trustee filed an action against defendants, former partners in a New York registered limited liability partnership (RLLP) that declared bankruptcy and others, claiming that the RLLP was a "corporation," as that term was defined in 11 U.S.C.S. § 101(9), for purposes of determining if it was insolvent. The trustee filed a motion for summary judgment.
Ruling: 
Registered limited liability partnership was a "corporation" for purposes of determining insolvency.
ABI Membership is required to access the full summary of Wallach v. Douglas (In re Promedicus Health Group LLP). 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 October 14,2009, LexisNexis #0110-131
Subscribe to § 101(9)