Commercial

Advanced Vascular Res., In re--Hadeed v. Advanced Vascular Res.

Ruling: 
Court directed U.S. trustee to appoint chapter 11 trustee to manage LLC's bankruptcy estate as the bankruptcy case was part of a broader dispute. (Bankr. W.D. Pa.)
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Commercial case opionion summary, case decided on April 06,2018, LexisNexis #0518-056

Health Diagnostic Lab., Inc., In re

Ruling: 
Court granted the motion to appoint a permanent liquidating trustee as objecting parties have not established a set of facts sufficient to bar the appointment. (Bankr. E.D. Va.)
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Commercial case opionion summary, case decided on April 03,2018, LexisNexis #0518-057

Stainless Sales Corp., In re

Ruling: 
Court approved reduced administrative expense claim with 10% higher application cost instead of the requested 36%. (Bankr. N.D. Ill.)
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Commercial case opionion summary, case decided on March 30,2018, LexisNexis #0518-035

Maust Transp., Inc., In re

Ruling: 
Petitioning creditor was not entitled to an administrative expense claim as the trustee was the plaintiff in the fraudulent transfer case against a bank and other defendants. (Bankr. W.D. Wash.)
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Commercial case opionion summary, case decided on April 03,2018, LexisNexis #0518-036

NewPage Corp., In re--PIRINATE Consulting Grp., LLC v. ERCO Worldwide

Ruling: 
Litigation trustee was entitled to avoid a debtor's pre-petition transfer to defendant where contract had expired before the effective date and could not have been assumed by the debtor. (Bankr. D. Del.)
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Commercial case opionion summary, case decided on April 03,2018, LexisNexis #0518-047

FWLL, Inc., In re--Osherow v. Tex. Silica Logistics J.V.

Ruling: 
Trustee could avoid fraudulent transfer to investor as debtor was insolvent on the date of transfer. (Bankr. W.D. Tex.)
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Commercial case opionion summary, case decided on April 05,2018, LexisNexis #0518-048

Cantrell Drug Co., In re--Cantrell Drug Co. v. United States

Ruling: 
Court concluded that an FDA action was excepted from automatic stay where the FDA was seeking primarily injunctive relief and would not have enjoyed an economic advantage over the debtor's creditors. (Bankr. E.D. Ark.)
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Commercial case opionion summary, case decided on April 04,2018, LexisNexis #0518-033

SpecAlloy Corp., In re--Carn v. Audientis, LLC

Ruling: 
Trustee allowed to set aside two cash payments as voidable preferences after having met all the necessary elements. (Bankr. M.D. Ala.)
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Commercial case opionion summary, case decided on March 08,2018, LexisNexis #0418-046

Climate Control Mech. Servs., In re

Ruling: 
Cause did not exist to appoint a chapter 11 trustee or to convert the cases to chapter 7. (Bankr. M.D. Fla.)
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Commercial case opionion summary, case decided on March 06,2018, LexisNexis #0418-051

Roman Catholic Bishop of Great Falls, In re

Ruling: 
Court had independent duty to review the reasonableness of the interim compensation requested, despite the absence of an objecting party. (Bankr. D. Mont.)
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Commercial case opionion summary, case decided on March 08,2018, LexisNexis #0418-031

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