Jun
01
2020
Hartshorne Holdings, LLC, In re--Hartshorne Mining, LLC v. Carranza
Ruling:
Preliminary injunction against the SBA denied as debtors would not suffer irreparable harm without access to Paycheck Protection Program funds, which were not available at the outset of their case. (Bankr. W.D. Ky.)
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Commercial case opionion summary, case decided on June 01,2020, LexisNexis #0820-034
May
04
2020
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
Apr
13
2020
Barnes, In re--Barnes v. Barnes
Ruling:
Sale of debtor's estate was approved as debtor presented evidence that the sale had beenproposed and negotiated in good faith. (Bankr. D. Conn.)
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Consumer case opionion summary, case decided on April 13,2020, LexisNexis #0620-008
Mar
12
2020
Stak Design, Inc., In re
Ruling:
Court approved the sale of substantially all of the assets of debtor's bankruptcy estate free andclear of liens as the purchaser was a good faith buyer. (Bankr. N.D. Tex.)
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Commercial case opionion summary, case decided on March 12,2020, LexisNexis #0420-081
Mar
04
2020
Goodrich Quality Theaters, Inc., In re
Ruling:
Use of cash collateral approved to pay eight film companies that were critical vendors todebtor’s movie theater business. (Bankr. W.D. Mich.)
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Commercial case opionion summary, case decided on March 04,2020, LexisNexis #0420-057
Mar
10
2020
Pixius Communs, In re
Ruling:
New, post-auction credit bid on estate assets from members of debtor was not eligible forconsideration. (Bankr. D. Kan.)
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Commercial case opionion summary, case decided on March 10,2020, LexisNexis #0420-058
Feb
27
2020
Sherwin Alumina Co., LLC, In re--Sherwin Pipeline, Inc. v. Sherwin Alumina Co., LLC
Ruling:
Bankruptcy court approved a sale "free and clear" of encumbrances including the state’sinterest. (5th Cir.)
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Commercial case opionion summary, case decided on February 27,2020, LexisNexis #0420-033
Court: Judge or Jurisdiction information not available
Jul
12
2019
Cambrian Holding Co., In re--Hazard Coal Corp. v. Am. Res. Corp.
Ruling:
Motion for reconsideration seeking alteration of the order approving the sale of debtors' assetswas denied as res judicata barred further consideration of plaintiff's arguments. (Bankr. E.D.Ky.)
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Commercial case opionion summary, case decided on July 12,2019, LexisNexis #0220-033
Oct
28
2019
VCR I, LLC, In re
Ruling:
Motion to sell property to potential good faith purchaser approved as an exercise of soundbusiness judgment. (Bankr. S.D. Miss.)
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Commercial case opionion summary, case decided on October 28,2019, LexisNexis #1219-059
Sep
20
2019
Allard, In re
Ruling:
Chapter 7 trustee exercised appropriate judgment in recommending that proposed sales beapproved where liquidation of the properties was necessary to maximize the value of debtor'sestate. (Bankr. S.D.N.Y.)
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Consumer case opionion summary, case decided on September 20,2019, LexisNexis #1119-032
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