About "Volo"

Volo is a Latin word for speed, more rapidly. The Volo Project is dedicated to providing ABI Members with the most timely bankruptcy decisions from the U.S. Courts of Appeal. A team of editors from around the country will summarize new appellate opinions, posted here at the Volo website. The summary includes the full text of the opinion. ABI Members can also subscribe to an RSS feed to receive summaries as soon as they are posted. Opinions will be summarized within 24 hours.

Volo editor: Scott F. Gautier
Peitzman Weg LLP; Los Angeles, CA

Provided by the American Bankruptcy Institute

In re Flynn

Summarized by Michael Herz, Forman Holt Eliades & Ravin LLC 2 years 9 weeks ago
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Citation: 
No formal citation (3d Cir., docket no. 10-2914, 3/15/11)
Ruling: 
NOTE: This Opinion is stamped as "Not Precedential" 11 U.S.C. § 363(m) prohibits reversal of a sale to a good faith purchaser of bankruptcy estate property if the objecting party failed to obtain a stay of the sale. There ...
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Reeves v. Davis (In re Davis)

Summarized by Bonnie Clair, Summers Compton Wells PC 2 years 9 weeks ago
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Citation: 
Reeves v. Davis (In re Davis), No. 10-2757 (7th Cir. Mar. 14, 2011)
Ruling: 
The Court ruled that a pre-petition decision in state court that the debtor had committed a "deceptive act" under a state statute did not have a collateral estoppel effect in the creditor's subsequent adversary proceeding against the debtor under Bankruptcy ...
Judge(s): 
Flaum, Williams, Herndon (sitting by designation)
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Treadwell v. Glenstone Lodge, Inc. (In re Treadwell)

Summarized by Brendan Mockler, U.S. Bankruptcy Court for the District of Colorado 2 years 10 weeks ago
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Citation: 
8th Circuit Court of Appeals - No. 1499
Ruling: 
The decision of the 8th Circuit BAP is reversed and vacated. The 8th Circuit remanded to the bankruptcy court for further factual findings.
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In re Montgomery Ward, LLC

Summarized by John Eggum, Foran Glennon Palandech Ponzi & Rudloff 2 years 10 weeks ago
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Citation: 
Nos. 09-1735/1736 (3d Cir., March 9, 2011)
Ruling: 
Plan Administrator in liquidating chapter 11 case was not barred by res judicata from challenging a "Lease/Sublease Agreement" as a structured financing transaction (rather than a true lease), notwithstanding the fact that lease had been the subject of a settlement ...
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In re Bailey

Summarized by Jason Stitt, Keating Muething & Klekamp PLL 2 years 10 weeks ago
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Citation: 
6th Cir. BAP, Case No. 10-8042, Opinion March 9, 2011
Ruling: 
The Bankruptcy Appellate Panel of the Sixth Circuit affirmed the order of the bankruptcy court sustaining the Trustee's objection to the debtors' claim of exemption because the Debtor stipulated that no exemption was available to be claimed regarding the debtors’ ...
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