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Ballard Spahr LLP v Official Committee of Equity Security Holders

Summarizing by Paris Gyparakis

Coastal Capital, LLC v. Savage

Summarizing by Bradley Pearce

SunTrust Bank, N.A. v. Macky (In re McCormick)

Citation:
SunTrust Bank, N.A. v. Macky (In re McCormick), No. 10-2027, --- F.3d ----, 2012 WL 414667 (4th Cir. Feb. 10, 2012).
Ruling:
The same notice imputed to a bona fide purchaser is that which is enjoyed by a trustee pursuant to 11 U.S.C. § 544(a)(3), thus permitting the trustee under applicable North Carolina law to rely...
Judge(s):
Hon. Paul V. Niemeyer, Hon. G. Steven Agee, and Hon. James A. Wynn, Jr.
Tag(s):

Ruby Robinson Co., Inc. v. Herr

Citation:
Fifth Circuit Court of Appeals, Docket no. 10-20788 (This opinion is unpublished and is not precedent except under the limited circumstances set forth in 5TH CIR. R. 47.5.4.)
Ruling:
In this unpublished opinion, the Fifth Circuit rules that the shareholder of a company engaged in the purchase of perishable agricultural commodities may not avoid liability under general trust...
Judge(s):
Before HIGGINBOTHAM, DAVIS, and STEWART, Circuit Judges. PER CURIAM
Tag(s):

In re Fort Wayne Telsat, Inc.

Citation:
No. 11-2112
Ruling:
Judge Posner, writing for the court, held for the trustee. The court found that the trustee had done due diligence in reaching a settlement of $100,000 with Indiana University because the...
Judge(s):
Richard Posner, William Bauer, Diane Wood.
Tag(s):

Wachovia Bank v. VCG Special Opportunities Master Fund, Ltd.

Citation:
Wachovia Bank v. VCG Special Opportunities Master Fund, Ltd., --- F.3d ----, 2011 WL 5110122 (2d Cir. Oct. 28, 2011)
Ruling:
A hedge fund that entered into a credit default swap agreement with a bank affiliated with a capital markets servicer was not a customer of the servicer within the meaning of FINRA rules, such that...
Judge(s):
Circuit Judges Kearse, Pooler, and Lynch
Tag(s):

Standard Bank, PLC v. Runge, Inc.

Citation:
Case No. 1:07-CV-01989-RPM (10th Cir. Oct. 6, 2011) (Unpublished/not binding precedent)
Ruling:
The Court affirmed the district court's ruling that the economic loss rule barred the plaintiff's claims for negligent misrepresentation and professional negligence. In applying Colorado law,...
Judge(s):
Terrence L. O'Brien, Mary Beck Briscoe, William J. Holloway
Tag(s):

Lange v. Inova Capital Funding, LLC (In re Qualia Clinical Service, Inc.)

Citation:
No 11-1201
Ruling:
Eighth Circuit held that the affirmative defense of 547(c)(5) is unavailable to creditors not holding a perfected security interest at the onset of the preference period. The court explained that...
Judge(s):
Colloton, Clevenger, and Benton
Tag(s):

Jacks v. Wells Fargo Bank, N.A. (In re Jacks)

Citation:
Jacks v. Wells Fargo Bank, N.A. (In re Jacks), No. 09-16146 (11th Cir. June 7, 2011)
Ruling:
The Eleventh Circuit affirmed entry of summary judgment in favor of Wells Fargo finding that (1) the mere recordation internally by Wells Fargo of post-petition attorneys fees incurred in filing a...
Judge(s):
MARTIN, COX and BLACK
Tag(s):

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