Summarized by Laura Bartell , Wayne State University Law School
14 years 1 month ago
Citation:
2012 Fed. App. 0004P (6th Cir. BAP Apr. 18, 2012)
Ruling:
Appellant had standing to bring motion to dismiss for abuse; bankruptcy court did not abuse its discretion in dismissing debtor's case under section 1112(b); bankruptcy court did not abuse its...
Summarized by Kevin Baum , Windels Marx Lane & Mittendorf, LLP
14 years 1 month ago
Citation:
No. 11-20192 (5th Cir. April 16, 2012) [Not for Publication]
Ruling:
Affirming the District Court affirmance of the dismissal of Joel Donald Mallory, Jr.’s (“Mr. Mallory”) chapter 13 bankruptcy petition, the Fifth Circuit found that the Bankruptcy Court did...
Summarized by Sarah Smegal , Bartlett Hackett Feinberg PC
14 years 2 months ago
Citation:
Cockhren v. MidWestOne Bank, Case No. 11-6067 (8th Cir. B.A.P. Apr. 9, 2012)
Ruling:
The U.S. Bankruptcy Appellate Panel for the Eighth Circuit (the “8th Circuit B.A.P.”) affirmed the decision of the U.S. Bankruptcy Court for the Northern District of Iowa (the “Bankruptcy...
Summarized by Paul Lucey , Leverson Lucey & Metz, S.C.
14 years 2 months ago
Citation:
Case No. 10-3770 (7th Circuit); Decided April 3, 2012
Ruling:
Order by U.S. District Court for N.D. Ill. dismissing Trustee's negligence claim against debtors' former auditor (for failure to discover a Ponzi scheme involving the debtors) is reversed and case...
Judge(s):
Easterbrook, Chief Judge, Bauer and Sykes, Circuit Judges. Opinion by Easterbrook.
Summarized by James Morgan , Howard & Howard Attorneys PLLC
14 years 2 months ago
Citation:
In re Calloway, ___ B.R. ___ (B.A.P. 6th Cir. 2012)(unpublished)
Ruling:
The Bankruptcy Appellate Panel of the Sixth Circuit (the “6th Cir. BAP”) affirmed the bankruptcy court’s order denying the Chapter 13 co-debtors’ motion seeking relief from the order...
Judge(s):
Fulton, Harris, and Shea-Stonum, Bankruptcy Appellate Panel Judges
In a matter of first impression at the circuit level, the First Circuit held that a chapter 13 petition and a "fee-only" plan, under which the debtor proposes to pay essentially only the debtor's...
Judge(s):
Selya (author); Souter; Lipez (concurring in judgment); Lipez (concurring opinion)
In affirming the lodestar approach for awarding joint debtors' counsel's fees in a chapter 13 case under Section 330, the First Circuit held that (1) the bankruptcy court, after finding that...
Summarized by Lyndel Vargas , Cavazos Hendricks Poirot, PC
14 years 2 months ago
Citation:
Cantu v International Bank of Commerce (In re Cantu) (5th Cir. S.D. Tex. Mar. 2012)(unpublished)
Ruling:
Section 348(d) did not transform a lien on the Debtor's post-petition receivables, arising from a settlement approved by the Bankruptcy Court prior to conversion, into one treated as existing...
Summarized by Laura Bartell , Wayne State University Law School
14 years 2 months ago
Citation:
2012 Fed. App. 0003P (6th Cir. BAP March 15, 2012)
Ruling:
Bankruptcy court abused its discretion in dismissing complaint to determine dischargeability of debt "with prejudice" when motion to dismiss sought dismissal "without prejudice".
Affirming bankruptcy court's denial of Bank's motion for permission to file late clam. Holding: Bankruptcy court did not abuse its discretion in finding that Bank failed to show that failure to...