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Federal Deposit Ins. Corp v. Siegel (In re Indymac Bancorp, Inc.)

  • Summarized by Kevin Baum , Windels Marx Lane & Mittendorf, LLP
  • 10 years 8 months ago
Citation:
FDIC v. Siegel (In re IndyMac Bancorp, Inc.), No. 12-56218 (9th Cir. Apr. 21, 2014)
Ruling:
The Ninth Circuit affirmed the district and bankruptcy courts' decision determining that over $55 million in tax refunds were property of IndyMac's Bancorp, Inc.’s (the “Debtor”) estate. In...
Judge(s):
Fernandez, N.R. Smith, and Murguia, Circuit Judges
Tag(s):

Phoenix, LLC v. The Alameda Liquidating Trust (In re Alameda Investments, LLC)

  • Summarized by Laura Coordes , Sandra Day O'Connor College of Law Arizona State University
  • 10 years 10 months ago
Citation:
Phoenix, LLC v. The Alameda Liquidating Trust (In re Alameda Investments, LLC), BAP No. CC-13-1333-PaTaKu (9th Cir. BAP Mar. 5, 2014) (unpublished)
Ruling:
The Ninth Circuit BAP affirmed the bankruptcy court's order determining that the Appellee liquidating trust succeeded to the entire interest in an LLC held by the chapter 11 debtor and that the...
Judge(s):
Pappas, Taylor, and Kurtz
Tag(s):

Gross v. Commissioner of Internal Revenue, Case No. 12-72279 (9th Cir. Feb. 25, 2014) (unpublished)

  • Summarized by Vikas Kumar , The Capitol Forum
  • 10 years 10 months ago
Citation:
Gross v. Commissioner of Internal Revenue, Case No. 12-72279 (9th Cir. Feb. 25, 2014) (unpublished)
Ruling:
An IRS tax lien under I.R.C. §6321 that attached to debtor’s interest in an ERISA-qualified pension plan, which was not property of the debtor's bankruptcy estate, was not affected by the...
Judge(s):
Callahan and M. Smith, Circuit Judges, and Korman, Senior District Judge
Tag(s):

In re Equipment Acquisition Resources, Inc.

  • Summarized by Mazyar Hedayat , M. Hedayat & Associates, PC
  • 10 years 11 months ago
Citation:
Appeal from US Dist. Ct. ND IL ED, Case No. 11 C 05045
Ruling:
The 7th Circuit was asked to decide whether a Chapter 11 Debtor in Possession could bring an action to recoup its Federal tax payments pursuant to § 544(b)(1). The Court decided it could not, for...
Judge(s):
Before BAUER and FLAUM, Circuit Judges, and VAN BOKKELEN, District Judge
Tag(s):

Brock v. Glasser (In re Brock)

  • Summarized by Steven Mulligan , Coan, Payton & Payne, LLC
  • 11 years 1 day ago
Citation:
Brock, et al. v. Glasser (In re Brock), Case Nos. 12-001 (B.A.P. 10th Cir. January 9, 2014) (unpublished)
Ruling:
The BAP affirmed the allowance of a claim filed by a creditor of a revocable inter vivos trust settled by Chapter 11 individual Debtors holding that since the assets of the revocable inter vivos...
Judge(s):
Thurman, Cornish, Mosier (Thurman)
Tag(s):

U.S. Bank Trust N.A. v. AMR Corp. (In re AMR)

  • Summarized by Manuel Arreaza , Consumer Financial Protection Bureau
  • 11 years 4 months ago
Citation:
In re AMR Corp., No. 13-1204, 2013 WL 4840474 (3d Cir. Sept. 12, 2013).
Ruling:
The panel for the Second Circuit denied U.S. Bank’s appeal from bankruptcy court decisions authorizing Debtors AMR and American Airlines to obtain postpetition financing and to repay certain...
Judge(s):
Livingston, Lynch, Lohier, Lane
Tag(s):

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