Arlington Capital, LLC v. Bainton McCarthy LLC, et al. (In re GT Automation Group, Inc.)

• Summarized by Kurt Carlson , Carlson Dash LLC
• 7 years 5 months ago

Citation:

In re GT Automation Group, Inc., No. 1:14-CV-98 (7th Cir. July 8, 2016) (unpublished).

Ruling:

In the bankruptcy context, an appellant lacks standing if it is unable to realize any economic benefit from a potential reversal.

Judge(s):

Posner, Williams, and Pallmeyer (District Judge of the Northern District of Illinois, sitting by designation.)

Tag(s):

• 7th Circuit
• Bankruptcy Process and Procedure
• Asset Sales
• Bankruptcy Litigation
• Practice and Procedure
• Professional Compensation/Fees
• § 363
• § 330

Germeraad v. Powers, No. 14-CV-03128 (7th Cir. June 23, 2016) (unpublished).

• Summarized by Kurt Carlson , Carlson Dash LLC
• 7 years 5 months ago

Citation:

Germeraad v. Powers, No. 14-CV-03128 (7th Cir. June 23, 2016) (unpublished).

Ruling:

A bankruptcy court has discretion to modify a Chapter 13 plan based on an increase in the Debtors’ post-confirmation income.

Judge(s):

Bauer, Williams, and Adelman (District Judge of the Eastern District of Wisconsin, sitting by designation)

Tag(s):

• 7th Circuit
• Bankruptcy Process and Procedure
• Bankruptcy Litigation
• Legislation
• § 1325
• § 1307
• § 1329

UTC of Sparrer Sausage Co., Inc. v. Jason's Foods, Inc.

• Summarized by Daniel Waxman , KEWA Financial Inc.
• 7 years 5 months ago

Citation:

UTC of Sparrer Sausage Co., Inc. v. Jason's Foods, Inc., Case No. 15-2356 (7th Cir. Jun. 10, 2016)

Ruling:

The Bankruptcy Court and District Court applied too narrow of a baseline range in determining whether preference-period payments made by a debtor were subject to the subjective ordinary course of...

Judge(s):

Flaum, Williams, and Sykes

Tag(s):

• 7th Circuit
• Preferences

In re Sobczak-Slomczewski

• Summarized by Daniel Waxman , KEWA Financial Inc.
• 7 years 5 months ago

Citation:

In re Sobczak-Slomczewski, Case No. 15-1162 (7th Cir. Jun. 13, 2016)

Ruling:

Federal Rule of Bankruptcy Procedure 8002(a)(1), which requires that a notice of appeal shall be filed within 14 days of a bankruptcy court's order, is a mandatory jurisdictional rule.

Judge(s):

Ripple, Rovner, and Williams

Tag(s):

• 7th Circuit
• Practice and Procedure
• 8002(a)(1)

In re Jepson

• Summarized by Kurt Carlson , Carlson Dash LLC
• 7 years 7 months ago

Citation:

In re Jepson, No. 14-2459 (7th Cir. April 15, 2016) (unpublished).

Ruling:

A motion to stay this court’s mandate pending final disposition of the litigation in the Supreme Court was denied because the movant intended to raise an issue of constitutional standing in her...

Judge(s):

Ripple

Tag(s):

• 7th Circuit
• Automatic Stay
• Bankruptcy Litigation
• Finance and Banking

Liebzeit v. Intercity State Bank, et al. (In re Blanchard)

• Summarized by Daniel Waxman , KEWA Financial Inc.
• 7 years 7 months ago

Citation:

Liebzeit v. Intercity State Bank, et al. (In re Blanchard), Case No. 15-1970 (7th Cir. App. Apr. 14, 2016)

Ruling:

1. Under Wisconsin law, a mortgage can properly attach a lien to a vendor's interest in a land contract. 2. The lender perfected it's lien on the vendor's interest by recording a mortgage in...

Judge(s):

Hamilton, Posner, Ripple

Tag(s):

• 7th Circuit
• Mortgage
• Bankruptcy Litigation

Siragusa, et al. v. Collazo (In re Collazo)

• Summarized by Mazyar Hedayat , M. Hedayat & Associates, PC
• 7 years 8 months ago

Citation:

14 C 5008

Ruling:

The 7th Circuit examined the factual underpinning of the case, including the fact that the Plaintiffs had been satisfied with Collazo's evasive responses to inquiries about their investments, had...

Judge(s):

POSNER, EASTERBROOK and KANNE

Tag(s):

• 7th Circuit
• Discharge/Dischargeability
• Bankruptcy Litigation
• Real Estate
• 11 U.S.C § 523

Continental Casualty Company v. Symons, et al.

• Summarized by Mazyar Hedayat , M. Hedayat & Associates, PC
• 7 years 8 months ago

Citation:

14-2665, 14-2671 & 15-1061

Ruling:

7th Circuit affirmed the finding of the District Court that Symons International was liable for breach of a 1998 sale agreement; found Symons International Goran, Granite, and the Symons...

Judge(s):

Before ROVNER and SYKES, Circuit Judges, and ANDREA WOOD, District Judge (ND IL - by designation)

Tag(s):

• 7th Circuit
• Business Reorganization
• Bankruptcy Litigation
• Commercial Fraud
• Fraud
• Valuation

Estate of Stanley Cora v. Jahrling (In re Jahrling)

• Summarized by Daniel Waxman , KEWA Financial Inc.
• 7 years 8 months ago

Citation:

Estate of Stanley Cora v. Jahrling (In re Jahrling), Case No. 15-2252 (7th Cir. Mar. 18, 2016)

Ruling:

Legal malpractice judgment entered against the debtor was not dischargeable because the judgment was for a "defalcation while acting in a fiduciary capacity." The Court held that although legal...

Judge(s):

Kanne, Rovner, and Hamilton

Tag(s):

• 7th Circuit
• Discharge/Dischargeability

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

• Summarized by Daniel Waxman , KEWA Financial Inc.
• 7 years 8 months ago

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):

• 7th Circuit
• Automatic Stay
• Claims
• Mortgage
• Finance and Banking

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