Commercial

Motors Liquidation Co., In re

Ruling: 
Motions to file late proofs of claim ten years after the bar date denied as plaintiffs failed toestablish excusable neglect. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on August 11,2020, LexisNexis #0920-075

Diocese of Buffalo, In re--Diocese of Buffalo v. Doe

Ruling: 
Court granted debtor diocese with a limited preliminary injunction on sexual abuse claimsagainst parishes and other entities covered by the same self-insurance programs as the diocese.(Bankr. W.D.N.Y.)
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Commercial case opionion summary, case decided on July 02,2020, LexisNexis #0920-073

Offshore Marine Contrs., Inc, In re

Ruling: 
Debtor's plan of reorganization was confirmed where plan was proposed in good faith. (Bankr.E.D. La.)
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Commercial case opionion summary, case decided on August 05,2020, LexisNexis #0920-069

Seven Stars on the Hudson Corp., In re

Ruling: 
Case was dismissed for failure to meet statutory deadlines as debtor elected to proceed underSubchapter V after the applicable deadlines had passed. (Bankr. S.D. Fla.)
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Commercial case opionion summary, case decided on August 07,2020, LexisNexis #0920-070

Fansteel Foundry Corp., In re--Dooley v. Luxfer MEL Techs.

Ruling: 
Bankruptcy court's decision that ordinary course of business defense did not apply wasremanded for explanation as to why the court adopted 47 days as the cut-off period. (B.A.P. 8thCir.)
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Commercial case opionion summary, case decided on August 07,2020, LexisNexis #0920-065

Murray Metallurgical Coal Holdings, LLC, In re

Ruling: 
Creditor could not elect to treat its claim as fully secured where collateral was being soldunder the plan and forfeited any right it had to credit bid on the collateral alone when itconsented to the bidding procedures. (Bankr. S.D. Ohio)
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Commercial case opionion summary, case decided on August 08,2020, LexisNexis #0920-068

Sugarloaf Holdings, LLC, In re

Ruling: 
Court granted the appointment of Chapter 11 trustee where evidence supported theappointment. (Bankr. D. Utah)
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Commercial case opionion summary, case decided on August 05,2020, LexisNexis #0920-067

Pomrenke Mining, LLC, In re

Ruling: 
Objector did not meet its burden of proving that interest rate charged by debtor’s attorney onunpaid bills was unconscionable, but the attorney did not establish that the rate wasreasonable. (Bankr. D. Alaska)
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Commercial case opionion summary, case decided on August 05,2020, LexisNexis #0920-056

In re--Murray Oak Grove Coal, LLC v. Bay Point Capital Partners II, LP

Ruling: 
Court required application of the replacement-value standard as secured creditor's collateralwas not being surrendered to the creditor. (Bankr. S.D. Ohio)
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Commercial case opionion summary, case decided on August 08,2020, LexisNexis #0920-057

Wilton Armetale, Inc., In re--Artesanias Hacienda Real S.A. de C.V. v. North Mill Capital, LLC

Ruling: 
Creditor had both constitutional standing and the statutory authority to pursue estate claimsformally abandoned by the trustee. (3d Cir.)
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Commercial case opionion summary, case decided on August 04,2020, LexisNexis #0920-063

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