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New Cases

Court Throws Out Creditors’ DIP Breach of Fiduciary Claims

Download the full pdf of the opinion by clicking: here June 27, 2022, US Bankruptcy Court for the Eastern District of Virginia – The Eastern Virginia Bankruptcy Court granted a motion for summary judgment brought by David A. Brandon, Paul E. Raether, et al. (“Defendants”) dismissing TRU Creditor Litigation Trust’s count alleging breach of fiduciary […]

Twenty Defendants Including Moodys and Scoppechio Face Clawback Suit in NPC International Bankruptcy Case

Download the full pdf of the complaint by clicking: here June 28, 2022, US Bankruptcy Court for Southern Texas – NPC International GUC Trust (“Plaintiff”) files adversary proceedings against twenty Defendants to clawback alleged “preferential and/or fraudulent transfers” and to disallow any claims held by Defendants against any of the Debtors in the bankruptcy case […]

Nelson Mullins: “A Growing Circuit Split: Does the IRS Have Sovereign Immunity From Fraudulent Transfer Claims under 11 U.S.C. § 544(b)(1)?”*

March 31, 2022 – Nelson Mullins: “A Growing Circuit Split: Does the IRS Have Sovereign Immunity from Fraudulent Transfer Claims under 11 U.S.C. § 544(b)(1)?”* (Authors: John T. Baxter) https://www.nelsonmullins.com/idea_exchange/blogs/the_bankruptcy_protector/case_overviews/a-growing-circuit-split-does-the-irs-have-sovereign-immunity-from-fraudulent-transfer-claims-under-11-u-s-c-544-b-1 *Onebowlinggreen.com posts articles for the convenience of our subscribers. Onebowlinggreen.com does not endorse the contents of articles. (3)

Insurance Journal: “How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits from Sick Plaintiffs”*

June 24, 2022 – Insurance Journal: “How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits from Sick Plaintiffs”* (Authors: Dan Levine and Mike Spector) https://www.insurancejournal.com/news/national/2022/06/24/673252.htm *Onebowlinggreen.com posts articles for the convenience of our subscribers. Onebowlinggreen.com does not endorse the contents of articles. (3)

Court Finds Trustee Not Liable For Auction SNAFU

Download the full pdf of the opinion by clicking here June 17, 2022, US Bankruptcy Court for Colorado District – Colorado Bankruptcy Court grants Trustee Jeffrey L. Hill’s request for summary judgment declaring two Trustee’s Sale Deeds as void and unenforceable in the bankruptcy case of Kenneth C. Casey, Inc. (“Debtor”). The Court simultaneously denies […]

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