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UMB Bank, National Association v. Berry Petroleum (In re Linn Energy)

Summarizing by Craig Geno

Michael's Enterprises of Virginia, Inc. v. Branch Bank and Trust Company (In re Michael's Enterprises of Virginia, Inc.)

Citation:
Michael's Enterprises of Virginia, Inc. v. Branch Bank and Trust Company (In re Michael's Enterprises of Virginia, Inc.), Case no. 15-1807 (4th Cir. Apr. 6, 2016) (unpublished) (per curiam)
Ruling:
The decision of the bankruptcy court awarding sanctions against the corporate debtor and its sole shareholder on the grounds that the chapter 11 petition had been filed for the improper purpose of...
Judge(s):
Before Wilkinson and Floyd, Circuit Judges, and Davis, Senior Circuit Judge.
Tag(s):

Jepson v. Bank of New York Mellon (In re Jepson)

Citation:
Jepson v. Bank of New York Mellon (In re Jepson), Case No. 14-2459 (7th Cir. Mar. 22, 2016)
Ruling:
The Court of Appeals ruled that, under New York law, a debtor-homeowner, does not have standing to challenge the assignment of a note / mortgage based upon the lender's alleged failure to comply...
Judge(s):
Posner, Ripple, and Hamilton
Tag(s):

Rent-A-Center East, Inc. v. Leonard (In re WEB2B Payment Solutions, Inc.)

Citation:
Rent-A-Center East, Inc. v. Leonard (In re WEB2B Payment Solutions, Inc.), Case No. 14-3190
Ruling:
The court held that: (1) all proceeds from the debtor's bank account from its automated clearinghouse and electronic-check conversion services to Rent-A-Center East, Inc. ("RAC") were bankruptcy...
Judge(s):
Smith, Bye, and Benton
Tag(s):

Summers v. Financial Freedom Acquisition LLC

Citation:
Summers v. Financial Freedom Acquisition LLC; Case No. 14-1930 (1st Cir. October 23, 2015)
Ruling:
Plaintiff lacked standing to challenge two mortgage assignments and mortgagee's failure to file claim in decedent's probate proceeding did not bar its recovery of sums due under a reverse mortgage...
Judge(s):
Howard, Chief Judge; Selya and Thompson, Circuit Judges.
Tag(s):

Brumfiel v. Lewis (In re Brumfiel)

Citation:
Brumfiel v. Lewis, et al. (In re Brumfiel), Case No. CO-15-014 (B.A.P. 10th Cir. October 8, 2015). Unpublished.
Ruling:
Claims debtor fails to disclose in her bankruptcy schedules remain estate property upon closing of the case and bankruptcy court has jurisdiction to approve a settlement respecting those claims...
Judge(s):
Karlin, Cornish, Michael (Karlin)
Tag(s):

First Citizens Bank and Trust Company, Inc. v. River Walk Farm, L.P., et al.

Citation:
No. 14-14356 (11th Cir. Aug. 18, 2015).
Ruling:
The Eleventh Circuit affirmed the District Court's finding that the assignee of underlying loans, promissory notes, deeds and guarantees had presented sufficient evidence to establish the damages...
Judge(s):
Carnes, Tjoflat and Wilson, Circuit Judges
Tag(s):

Kansas Ins. Guaranty Assoc. v. FDIC

Citation:
2015 WL 4647980 (10th Cir. Aug. 6, 2015) (Case Nos. 14-3063, 14-3064)
Ruling:
The Tenth Circuit affirmed the district court's summary judgment ruling in favor of the plaintiff, BancInsure. Applying Kansas law, the Court held that the "insured v. insured" exclusion in the...
Judge(s):
Kelly, Holmes, and McHugh, Circuit Judges.
Tag(s):

Dags II, LLC v. Huntington National Bank and Fourteen Corp.

Citation:
15a049n.06
Ruling:
District Court's summary judgment in favor of Huntington National Bank ("HNB") and its wholly owned subsidiary Fourteen Corp. ("14") was reversed and remanded on the grounds that there were...
Judge(s):
Cole, Chief Judge, Moore and Clay, Circuit Judges
Tag(s):

Peterson v. Katten Muchin Rosenman LLP

Citation:
Case No. 14-3632
Ruling:
The Seventh Circuit reversed the district court's order dismissing the bankruptcy trustee's legal malpractice complaint against Katten Muchin Rosenman LLP ("Katten"), holding that the trustee...
Judge(s):
Easterbrook, Bauer, and Sykes
Tag(s):

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