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TALON DIVERSIFIED HOLDINGS INC., ET AL. V FORSYTHE

Summarizing by Paris Gyparakis

Carbo v. Board of Tax Assessors

Summarizing by Danielle Scott

NAI HORIZON V. AMADEUS THERAPY, INC.

Summarizing by David Treacy

Guallini-Indij v. Banco Popular de Puerto Rico

Summarizing by Bradley Pearce

MONTE MASINGALE, ET AL V. JOHN D.

Citation:
22-60050, 22-60053 (9th Circuit, Jul 26,2024) Published
Case Status:
Reversed and Remanded
Ruling:
A panel for the Ninth Circuit Court of Appeals reversed the decision of the Bankruptcy Appellate Panel holding that the debtor was allowed to exempt "100% of FMV" of a property as a homestead...
Judge(s):
Gould, Bress, and Koh
Tag(s):

LTL MANAGEMENT LLC

Citation:
23-2971 and 23-2972 (3rd Circuit, Jul 25,2024) Not Published
Case Status:
Affirmed
Ruling:
A debtor is ineligible for bankruptcy in the Third Circuit if it cannot show that it is in financial distress. A debtor's mere forecast of blockbuster verdicts against it, or the "attenuated"...
Judge(s):
RESTREPO, FREEMAN, and AMBRO, Circuit Judges
Tag(s):

Integrity Directional Services

Citation:
23-6111 (10th Circuit, Jul 25,2024) Not Published
Case Status:
Reversed
Ruling:
Circuit court reversed the district court's reversal of the bankruptcy court denial of a group of creditors', "Falcon," "Amendment of Informal Proofs of Claim." The bankruptcy found that Falcon had...
Judge(s):
MATHESON, BALDOCK, and McHUGH
Tag(s):

Crabtree v. Allstate Property

Citation:
23-60537 (5th Circuit, Jul 18,2024) Published
Case Status:
Affirmed in part and Reversed in part
Ruling:
The Fifth Circuit certified to the Mississippi Supreme Court the narrow issue of whether the Mississippi champerty statute (Miss. Code Ann. § 97-9-11) voids the assignment of a cause of action...
Judge(s):
Smith, Wiener, and Douglas, Circuit Judges
Tag(s):

Minor Children v. Roman Catholic Church of the Archdiocese of New Orleans (In re: Roman Catholic Church of the Archdiocese of New Orleans)

Citation:
No. 23-30565 (5th Circuit, Jul 17,2024) Not Published
Case Status:
Reversed
Ruling:
The U.S. Court of Appeals for the Fifth Circuit held (a) the Minor Children had Article III standing to appeal from a bankruptcy court's decision denying their motion for a "comfort order" to...
Judge(s):
King, Jones, and Oldham
Tag(s):

Gordon Green v. David Leibowitz

Citation:
23-2841 (7th Circuit, Jul 16,2024) Published
Case Status:
Affirmed
Ruling:
Wading into three areas of law-the Bankruptcy Code, the Internal Revenue Code (IRC), and Illinois state law—the U.S. Court of Appeals for the Seventh Circuit (Circuit) concluded that the...
Judge(s):
Amy St. Eve; Thomas Kirsch; and Joshua P. Kolar
Tag(s):

Mahadevan v. Northrup

Citation:
No. 23-20512 (5th Circuit, Jul 03,2024) Not Published
Case Status:
Dismissed
Ruling:
Debtor's appeal of a settlement order entered by the bankruptcy court was dismissed due to his appeal being filed 11 months late. Furthermore, his appeal of a denied request for relief under FRCP...
Judge(s):
Catharina Haynes, James E. Graves Jr., Stephen A. Higginson
Tag(s):

SR Construction v. RE Palm Springs

Citation:
23-10603 (5th Circuit, Jul 02,2024) Published
Case Status:
Affirmed
Ruling:
The Fifth Circuit held that the bankruptcy court had the “undisputed power to order the sale of a bankruptcy debtor’s assets” and that turnover of those assets pursuant to the sale order was...
Judge(s):
Barksdale, Southwick, and Graves
Tag(s):

Dondero v. Highland Captl Mgmt

Citation:
22-10889 (5th Circuit, Jul 01,2024) Published
Case Status:
Affirmed
Ruling:
In its second opinion of the year arising from contempt orders and sanctions awards against the former CEO of debtor Highland Capital Management, the Fifth Circuit affirmed the Bankruptcy Court's...
Judge(s):
Southwick, Smith, and Higginson
Tag(s):

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