Greene v. U.S. Dep't of Education, Case No. 13-3257 (7th Cir. Oct. 27, 2014) (unpublished)
Ruling:
The reasons for making some counterclaims compulsory are to prevent harassment by the filing of repeated claims and to avoid duplicative litigation. Stating that any counterclaim that ultimately...
Summarized by Mazyar Hedayat , M. Hedayat & Associates, PC
11 years 6 months ago
Citation:
Richardson v. Koch Law Firm, P.C No. 12-3868
Ruling:
Court of Appeals Holding:
Since the State Court vacated the initial default judgment, justification for the District Court’s dismissal under Rooker-Feldman no longer exists. Additionally,...
Summarized by Bonnie Clair , U.S. Bankruptcy Court, Eastern District of Missouri
11 years 6 months ago
Citation:
KDC Foods, Inc. v. Gray, Plant, Mooty, Mooty & Bennett, P.A., No. 13-3678, --- WL --- (7th Cir. Aug. 15, 2014)
Ruling:
The Court held that the causes of action accrued when the debtor should have discovered the facts constituting the fraud and had sufficient information to make it aware of the need to investigate...
Summarized by Mark Melickian , Raines Feldman Littrell LLP
11 years 7 months ago
Citation:
App. No. No. 12-3474 (7th Circuit Court of Appeals) - August 14, 2014
Ruling:
The Seventh Circuit held that the derivative claims held by the trustee of a bankrupt bank holding company against former managers were assigned by federal law to the FDIC, and upheld the district...
Judge(s):
Wood, Easterbrook, Hamilton (Opinion by Easterbrook; concurrence by Hamilton).
Summarized by John Eggum , Foran Glennon Palandech Ponzi & Rudloff
11 years 9 months ago
Citation:
Case No. 13-2756 (July 2, 2014)
Ruling:
Successful slander of title suit under Illinois state law satisfied the nondischargeability requirements of 523(a)(2) and 523(a)(6), such that Debtor was collaterally estopped from asserting as a...
Trial court ruled that Spaine, with intent, concealed from the bankruptcy court her claims against Community Contacts, and by so doing she should be judicially estopped from asserting her claim. ...
Summarized by Bonnie Clair , U.S. Bankruptcy Court, Eastern District of Missouri
11 years 11 months ago
Citation:
C.P. Hall Co. v. Columbia Cas. Co., No. 13-1306, 2014 WL 1628119 (7th Cir. Apr. 24, 2014).
Ruling:
The Court held that an excess liability insurer lacked standing to object to a settlement between a debtor and one of its primary insurance coverage providers. The Court followed its precedent to...
Grede v. FCStone, LLC, No. 09 C 136 (7th Cir. Mar. 19, 2014)
Ruling:
The court REVERSED the judgment of the district court.
The pre-petition transfer was exempted from avoidance under Section 546(e), because it was a "settlement payment" and a transfer made "in...
Summarized by John Eggum , Foran Glennon Palandech Ponzi & Rudloff
12 years 3 weeks ago
Citation:
No. 13‐1377 (7th Cir., Mar. 12, 2014)
Ruling:
In case involving $900,000 in allegedly preferential payments relating to cattle sales, the Seventh Circuit found that a bailment existed with regard to the Debtor's possession of the transferee's...
Summarized by George Spathis , Horwood Marcus & Berk Chartered
12 years 1 month ago
Citation:
In the United States Circuit Court for the Seventh Circuit, Case No. 13-3192
Ruling:
The Seventh Circuit reversed the District Court's denial of a stay pending appeal of bankruptcy court's order deeming certain leases rejected and agreements expired . The stay pending appeal on the...
Judge(s):
Before WOOD, Chief Judge, and FLAUM and SYKES, Circuit Judges.
