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In re ICP Strategic Income Fund, Ltd.

Summarizing by Hale Yazicioglu

Marshall v. Blake

Citation:
17-2809 (7th Circuit, Mar 22,2018) Published
Case Status:
Affirmed
Ruling:
1. The Circuit Court had jurisdiction over the "direct appeal" because (i) the Bankruptcy Court certified that the order "involved" a question of law that warranted a direct appeal and the Circuit...
Judge(s):
Flaum, Bauer, and Manion
Tag(s):

Reinbold v. Thorpe (In re Thorpe)

Citation:
17-1766 (7th Circuit, Jan 31,2018) Published
Case Status:
Affirmed
Ruling:
Under the Illinois law, each spouse is vested with independent contingent interests in marital property when the divorce petition is filed. When one spouse files bankruptcy, a trustee succeeds only...
Judge(s):
Bauer, Flaum, Sykes (Sykes)
Tag(s):

Bank of America, N.A. v. Veluchamy

Citation:
Nos. 15-2902, 15-2908, 15-3815, and 16-3496 (7th Circuit, Jan 12,2018) Published
Case Status:
Affirmed
Ruling:
The Seventh Circuit Court of Appeals affirmed the district court’s ruling, finding the district court did not commit any reversible errors regarding the six main issues on appeal.
Judge(s):
Manion and Kanne, Circuit Judges, and Miller, District Judge, sitting by designation
Tag(s):

Banco Panamericano, Inc. v. City of Peoria, Ill.

Citation:
No. 17-1019 (7th Circuit, Jan 11,2018) Published
Case Status:
Affirmed
Ruling:
In an opinion decided by quorum due to Judge Posner's retirement, the Court found that the plain language of the subject lease permitted the City to retain structures and improvements on City...
Judge(s):
Hamilton, Bauer, Posner
Tag(s):

USA v. Fadden

Citation:
No. 17-1400 (7th Circuit, Nov 01,2017) Not Published
Case Status:
Affirmed
Ruling:
The district court’s refusal to allow the defendant’s theory-of-defense jury instruction did not deny him a fair trial where the proposed instruction restated the court’s charge to the jury...
Judge(s):
Easterbrook, Kanne, and Williams
Tag(s):

IN RE: ONESTAR LONG DISTANCE, INC.

Citation:
Nos. 16-1940 & 16-2094 (7th Circuit, Sep 22,2017) Published
Case Status:
Affirmed
Ruling:
The Seventh Circuit affirmed the rulings below to hold $1.9 million paid by the debtor pre-petition unavoidable under Code § 547(c)(4). The Court found that the Bankruptcy Court reasonably used a...
Judge(s):
Sykes, Posner, Easterbrook
Tag(s):

Hendricks v. Novae Corp. Underwriting, Ltd.

Citation:
16-1712 (7th Circuit, Aug 08,2017) Published
Case Status:
Affirmed
Ruling:
Settlement of cause of action between plaintiff and defendant where defendant agrees to a judgment in the full amount of the claim and assigns its claim against its insurer (who has declined...
Judge(s):
Posner, Williams, and Sykes
Tag(s):

Caudill Seed & Warehouse v. Rose (MMR Farms LLC)

Citation:
16-4072 (7th Circuit, Aug 18,2017) Not Published
Case Status:
Affirmed
Ruling:
A settlement agreement is not a judicial decision and thus, does not give rise to issue preclusion and defending a case on the basis of a release is an affirmative defense that must be raised in a...
Judge(s):
Easterbrook, Rovner, Sykes (Easterbrook)
Tag(s):

In re: EMERALD CASINO, INC.

Citation:
16-075, 16-1132, 16-1133, 16-1143, 16-1148, 16-1160, 16-1161, 16-4464, 16-1165, 16-1235 (7th Circuit, Aug 11,2017) Not Published
Case Status:
Affirmed in part and Reversed in part
Ruling:
Where officers and directors of a casino caused the casino’s gaming licensed to be revoked, they may be held jointly and severally liable for breach of the company’s shareholder agreement,...
Judge(s):
Kanne, Sykes, Hamilton
Tag(s):

In the Matter of Husain

Citation:
15-3308 and 16-1254 (7th Circuit, Aug 08,2017) Not Published
Case Status:
Affirmed
Ruling:
Where a bankruptcy attorney forges his clients’ signatures, omits material assets of which he is aware, and commits extensive perjury regarding these actions, he is not entitled to remain in the...
Judge(s):
Bauer and Easterbrook (DeGulio, District Judge)
Tag(s):

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