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Lil' Joe Records, Inc. v. Christopher Won, Jr., et al

Summarizing by Bradley Pearce

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FTI Consulting, Inc. v. Merit Management Group, LP

  • Summarized by Steven Mulligan , Coan, Payton & Payne, LLC
  • 9 years 10 months ago
Citation:
FTI Consulting, Inc. v. Merit Mgmt. Group, LP), Case No. 15-3388 (7th Cir. July 28, 2016).
Ruling:
The safe harbor provision of 11 U.S.C. § 546(e) does not shield a transfer of funds through a financial institution acting only as a conduit between the debtor and the transferee, neither of which...
Judge(s):
Wood, Posner, Rovner (Wood)
Tag(s):

Wittman v. Koenig

  • Summarized by Kurt Carlson , Carlson Dash LLC
  • 9 years 10 months ago
Citation:
Wittman v. Koenig, No. 15-2798 (7th Cir. July 26, 2016) (unpublished opinion).
Ruling:
Annuities complying with §72 of the Internal Revenue Code satisfy Wis. Stat. §815.18(3)(j)’s compliance requirement, and thus may be claimed as bankruptcy exemptions if they meet additional...
Judge(s):
Posner, Williams, and Hamilton
Tag(s):

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

  • Summarized by Kurt Carlson , Carlson Dash LLC
  • 9 years 11 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In re GT Automation Group, Inc., No. 1:14-CV-98 (7th Cir. July 8, 2016) (unpublished).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):

Germeraad v. Powers, No. 14-CV-03128 (7th Cir. June 23, 2016) (unpublished).

  • Summarized by Kurt Carlson , Carlson Dash LLC
  • 9 years 11 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Germeraad v. Powers, No. 14-CV-03128 (7th Cir. June 23, 2016) (unpublished).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):

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

  • Summarized by Daniel Waxman , KEWA Financial Inc.
  • 9 years 11 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):

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

  • Summarized by Daniel Waxman , KEWA Financial Inc.
  • 10 years 1 month 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):

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

  • Summarized by Mazyar Hedayat , M. Hedayat & Associates, PC
  • 10 years 2 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):

Continental Casualty Company v. Symons, et al.

  • Summarized by Mazyar Hedayat , M. Hedayat & Associates, PC
  • 10 years 2 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):

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