§ 506

Goodwin, In re

Ruling: 
Creditor's motion to amend its proof of claim was granted as the sale price achieved at auctionwas the appropriate indication for the value of the secured portion of the creditor's claim.(Bankr. D. Kan.)
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Consumer case opionion summary, case decided on July 05,2022, LexisNexis #0822-056

Crane, In re

Ruling: 
A surcharge on a credit bid was not prohibited by 11 U.S.C. 506(c) or controlling case law asthe amount each secured creditor would be permitted to credit bid had not been clearlyestablished. (Bankr. S.D. Tex.)
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Consumer case opionion summary, case decided on June 29,2022, LexisNexis #0822-057

Vega Cruz, In re

Ruling: 
Debtor was entitled to entry of a discharge order, an order cancelling junior liens, and a writ ofcancellation of junior liens. (Bankr. D.P.R.)
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Court: Judge or Jurisdiction information not available
Consumer case opionion summary, case decided on June 27,2022, LexisNexis #0822-033

Auto, Inc. (In re East Shore Auto, Inc., Shore--Auto Trakk, LLC v. East

Ruling: 
Buyer was entitled to a declaratory judgment in its favor where debtor's sale of the subjectvehicles to it was free and clear of a lienholder's perfected liens. (Bankr. M.D. Pa.)
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Commercial case opionion summary, case decided on March 11,2022, LexisNexis #0522-010

Vessillo, In re--Vessillo v. SunTrust Bank

Ruling: 
Bankruptcy court could not value or determine secured status of property that had beenexempt as a homestead since the petition date and in which the estate no longer had aninterest. (Bankr. S.D. Fla.)
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Consumer case opionion summary, case decided on January 03,2022, LexisNexis #0222-082

In re--Preserba Compañía De Desarrollos, Inc. v. Condado 2, LLC

Ruling: 
The bankruptcy court's confirmation order affirmed as conforming to the terms of thesettlement between the parties. (B.A.P. 1st Cir.)
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Commercial case opionion summary, case decided on January 05,2022, LexisNexis #0222-083

Virtual Citadel, In re--Thomas Switch Holding, LLC v. Bay Point Capital Partners II, LP

Ruling: 
Court accepted an appraiser's value opinion as the best evidence of value of debtor's property.(Bankr. N.D. Ga.)
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Commercial case opionion summary, case decided on December 21,2021, LexisNexis #0222-058

Neelkanth Hotels, LLC, In re--Neelkanth Hotels, LLC v. U.S. Bank N.A.

Ruling: 
Debtor's objection to creditor's attorney's fees and expenses sustained in part as the hourlyrates charged and the services performed were reasonable and necessary to protect theinterests of the creditor. (Bankr. N.D. Ga.)
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Commercial case opionion summary, case decided on October 22,2021, LexisNexis #1221-033

Santoli, In re

Ruling: 
Motion to void a bank lien was denied as an adversary proceeding was required. (Bankr.S.D.N.Y.)
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Consumer case opionion summary, case decided on September 21,2021, LexisNexis #1121-032

Walsh, In re

Ruling: 
Debtor's motion to strip second mortgage lien was denied because the property was worth atleast one dollar more than the outstanding balance of the first mortgage. (Bankr. E.D.N.Y.)
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Consumer case opionion summary, case decided on September 03,2021, LexisNexis #1021-084

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