Source: http://volo.abi.org/topics/professional-practice-areas/finance-and-banking
Timestamp: 2014-04-19 14:29:30
Document Index: 599433274

Matched Legal Cases: ['§ 341', '§ 501', '§ 502', '§ 1111', '§ 363', '§ 501', '§ 542']

Topic: Finance and Banking | ABI Volo Project
Summarized by Brendan Gage, U.S. Bankruptcy Court, Eastern & Western Districts of Arkansas 1 day 22 hours ago
10th Circuit, 11 U.S.C. 362, 11 U.S.C. 502, 11 U.S.C. 542, 11 U.S.C. 549, 11 U.S.C. 550, Claims, Automatic Stay, Finance and Banking, Bankruptcy Litigation, Business Reorganization View opinion PDF | Download opinion PDF Citation: No. 12–4174 (10th Cir. Apr. 15, 2014) Ruling: Affirming the Bankruptcy Appellate Panel (“BAP”), the United States Court of Appeals for the Tenth Circuit held that the unauthorized liquidation of a certificate of deposit postpetition by a fully secured creditor could not be avoided pursuant to 11 U.S.C. ... Judge(s): Mkovich, Brorby, and Murphy, Circuit Judges.
Read on... Krys v. Pigott
Summarized by Daniel Waxman, Wyatt, Tarrant & Combs, LLP 3 days 22 hours ago
2nd Circuit, Fraud, Commercial Fraud, Finance and Banking, Bankruptcy Litigation View opinion PDF | Download opinion PDF Citation: Krys v. Pigott, Case No. 12-3575(L) (2d Cir. Apr. 11, 2014) Ruling: Under New York law, claims of aiding and abetting (i) fraud and (ii) breach of fiduciary duty require "actual knowledge" of, respectively, the fraudulent scheme and the applicable breach of duty; "constructive knowledge" is insufficient. The Court raised, but ... Judge(s): Kearse, Pooler, and Livingston
Read on... Adelphia Recovery Trust v. Goldman
Summarized by Ferve Ozturk, Baker & Hostetler LLP 1 week 4 days ago
2nd Circuit, 11 U.S.C. 521, 11 U.S.C. 523, 11 U.S.C. 541, 11 U.S.C. 548, 11 U.S.C. 550, 11 U.S.C. 1121, 11 U.S.C. 1122, 11 U.S.C. 1123, 11 U.S.C. 1129, 11 U.S.C. 1141, Federal Rule 3020, Commercial Fraud, Lender Liability, Plan Confirmation, Finance and Banking, Fraudulent Transfers, Bankruptcy Litigation, Business Reorganization, Unsecured Trade Creditors, Bankruptcy Process and Procedure View opinion PDF | Download opinion PDF Citation: No. 11-1858, Slip Op. (2d Cir. Apr. 4, 2014) Ruling: Post-confirmation trust was judicially estopped from claiming that funds transferred to a cash management system were property of the debtors because the schedules and other documents filed by the debtors in bankruptcy court treated the cash management system as property ... Judge(s): Winter, Walker, Cabranes
Read on... Spokane Law Enforcement FCU v. Barker (In re Barker)
Summarized by Bryan Robinson, Law Offices of Bryan Robinson 2 weeks 2 days ago
9th Circuit, 11 U.S.C. § 341, 11 U.S.C. § 501, 11 U.S.C. § 502, 11 U.S.C. § 1111, Federal Rule 3001, Federal Rule 3002, Federal Rule 3003, Federal Rule 3004, Federal Rule 3021, Federal Rule 9006, Claims, Consumer Debt, Plan Confirmation, Consumer Bankruptcy, Finance and Banking, Bankruptcy Litigation, Practice and Procedure View opinion PDF | Download opinion PDF Citation: In Re Barker, 9th Cir. B.A.P., MT-13-1393-JuKuPa (March 28, 2014) [Unpublished] Ruling: In an unpublished opinion, the 9th Circuit Bankruptcy Appellate Panel affirmed the ruling by the bankruptcy court which held, the bankruptcy court did not have the discretion to allow a late filed proof of claim in a chapter 13 case ... Judge(s): JURY, KURTZ, and PAPPAS,
Read on... Hope 7 Monroe Street LP v. Riaso, LLC (In the Matter of Hope 7 Monroe Street LP)
Summarized by Bryan Robinson, Law Offices of Bryan Robinson 6 weeks 5 days ago
D.C. Circuit, 11 U.S.C. § 363, Federal Rule 2004, Federal Rule 9024, Fraud, Claims, Mortgage, Valuation, Asset Sales, Preferences, Real Estate, Commercial Fraud, Predatory Lending, Venue/Jurisdiction, Consumer Bankruptcy, Finance and Banking, Court Administration, Bankruptcy Litigation, Practice and Procedure View opinion PDF | Download opinion PDF Citation: Hope 7 Monroe Street LP, U.S. Court of Appeals D.C. Cir., No. 12-7054 [February 28, 2014] Ruling: The Court of Appeals for the District of Columbia, held that the district court did not err in affirming the bankruptcy courts rulings. The district court's decision affirmed the ruling by the bankruptcy court to deny, appellants, Hope 7's motion ... Judge(s): Ginsburg, Henderson and Brown
Read on... Bank of New York Mellon v. GC Merchandise Mart, L.L.C. (In the Matter of Denver Merchandise Mart, Inc.)
Summarized by Aaron Kaufman, Cox Smith Matthews Incorporated 11 weeks 3 days ago
5th Circuit, 11 U.S.C. 502, 11 U.S.C. 506, 11 U.S.C. § 501, Federal Rule 3001, Federal Rule 3007, Federal Rule 3003, Claims, Finance and Banking, Uniform Commercial Code/Article 9 View opinion PDF | Download opinion PDF Citation: -- F.3d -- (5th Cir. 2014) Ruling: Affirmed judgment disallowing a $1.8 million portion of the lender's secured claim for a "Prepayment Consideration" under Colorado law because "[a]bsent a clear contractual provision to the contrary or evidence of the borrower’s bad faith in defaulting to avoid a ... Judge(s): REAVLEY, DAVIS, and HIGGINSON (opinion from W. EUGENE DAVID)
Read on... Arvest Bank v. Cook (In re Cook)
Summarized by Michael Tamburini, Commercial Law Group, P.A. 13 weeks 3 days ago
8th Circuit, Mortgage, Preferences, Real Estate, Finance and Banking, Bankruptcy Litigation View opinion PDF | Download opinion PDF Citation: Arvest Bank v. Cook (In re Cook), Case No. 13-6014 (BAP 8th Cir., Jan. 9, 2014) Ruling: The BAP did not disturb the finding of the bankruptcy court that the Arvest Bank judgment lien had priority over Empire Bank's judgment lien; the BAP held that the guaranty obligations owed to Empire Bank from certain real estate transactions ... Judge(s): Saldino, Nail, and Shodeen
Read on... Shapiro v. Henson
Summarized by Richard Corbi, Lowenstein Sandler PC 14 weeks 10 hours ago
9th Circuit, 11 U.S.C. § 542, Federal Rule none, Preferences, Consumer Debt, Consumer Bankruptcy, Finance and Banking, Fraudulent Transfers, Bankruptcy Litigation View opinion PDF | Download opinion PDF Citation: No. 11-16019, 9th Cir. Jan. 9, 2014 (For Publication) Ruling: The Ninth Circuit Court of Appeals held that Section 542 of the Bankruptcy Code and pre-Bankruptcy Code practice permit a trustee to seek turnover from an entity that had "possession, custody, or control" of the subject property during the bankruptcy ... Judge(s): N. Randy Smith, Jacqueline H. Nguyen, Gordon J. Quist
Read on... Sapere Wealth Mgmt LLC v. MF Global Holdings Ltd. (In re MF Global Holdings Ltd.)
Summarized by Weston Eguchi, Willkie Farr & Gallagher LLP 19 weeks 16 hours ago
2nd Circuit, Venue/Jurisdiction, Finance and Banking, Bankruptcy Litigation View opinion PDF | Download opinion PDF Citation: No. 12-4254-bk (2d Cir. Dec. 6, 2013) (Summary Order) Ruling: Affirming District Court's judgment, dismissing Appellants' appeal from the Bankruptcy Court's order for lack of jurisdiction on the basis that the Bankruptcy Court's order was interlocutory rather than final, because it did not foreclose Appellants' ability to continue to assert ... Judge(s): Walker, Cabranes, Lohier
Read on... Porst v. Deutsche Bank National Trust Company
Summarized by David Kozlowski, Arent Fox LLP 19 weeks 2 days ago
1st Circuit, 11 U.S.C. 506, Federal Rule 7012, Claims, Real Estate, Finance and Banking View opinion PDF | Download opinion PDF Citation: B.A.P. No. MW 12-080 (B.A.P. 1st Cir. November 20, 2013) (NOT FOR PUBLICATION) Ruling: The B.A.P. AFFIRMED the bankruptcy court's dismissal of the Debtor's complaint, determining the bankruptcy court did not err in finding a trust's assignment of real property to the Debtor was effective, and rejecting the Debtor’s arguments to the contrary while ... Judge(s): Lamoutte, Haines, and Deasy, U.S. Bankruptcy Appellate Panel Judges