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Summaries by

In re Knight-Celotex, LLC

Citation:
In re Knight-Celotex, LLC, et al., Case No. 11-01815, ---F.3d ---- (7th Cir. Sept. 5, 2012)(slip opinion) (Hamilton, J)
Ruling:
AFFIRMING the District Court, the Seventh Circuit held that the Bankruptcy Court did not abuse its discretion by finding that a trustee was not judicially estopped from assigning claims against the...
Judge(s):
Cudahy, Kanne, and Hamilton, Seventh Circuit Judges.
Tag(s):

Foellmi v. Ries (In re Foellmi)

Citation:
Foellmi v Ries (In re Foellmi), Case No. 12-6003, ---B.R. ---- (8th Cir. B.A.P. July 31, 2012)(slip opinion) (Venters, J.)
Ruling:
REVERSING the Bankruptcy Court, the BAP analyzed Minn. Stat § 550.37, Subd. 24 using the Supreme Court’s instructions on how to interpret 11 U.S.C. § 522(d)(10)(E), which deals with nearly...
Judge(s):
Federman, Venters, and Saladino, Bankruptcy Appellate Panel Judges
Tag(s):

In re Heritage Highgate, Inc.

Citation:
In re Heritage Highgate, Inc. and Heritage Twin Ponds, L.P., Debtors, Case No. 11-1889, ---F.3d ---- (3d Cir. May 14, 2012)(slip opinion) (Rendell, J.)
Ruling:
First, real estate is to be valued under Section 506(a) at fair market replacement value as of the date of Chapter 11 Plan confirmation. Second, lien-stripping is allowed in a Chapter 11...
Judge(s):
Rendell, Fisher, and Chagares, Circuit Judges.
Tag(s):

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