My firm has significantly supported me this past summer in getting my backlog of 2,000 or so twitter-ready posts of case developments in the past 12 months uploaded to the Lexblog server so that each Twitter post has a user-friendly case link associated with it. I plan to post these case development summaries in the coming weeks and then reprint them here so they’re all collected in one handy place. RSS Feeds are also available. My 1,500 previous twitter posts of case developments are here.
The chart is taken from an 8/24/12 post entitledThe Older You Are, The More Important You Consider The iPad To Be from the Business Insider’s "Chart of the Day" series.
- B-DC: PACA claims are trust, not secured claims, so no req’t (as per §506b) that claim be oversecured to get atty fees. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/JK-BK-DC-TEEL-10-4-11.pdf …
- B-AL: Truck lease w/ "Terminal Rental Adjustment Clause" (TRAC) is "true lease" and not lease intended as security. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/HB-BK-ND-AL-CADDELL-9-29-11.pdf …
- B-MD: Tenant hasnt forfeited its § 365(h) right to remain in property after rejection bec of alleged breach of lease http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/AUTO-BK-D-MD-CATLIOTA-9-12-11.pdf …
- B-MA limits §550 damages to avoiding the mortgage (not value of mortgage too) bec. no value extracted through mortgage. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/RUEL-BK-D-MA-BAILEY-10-12-11.pdf …
- B-MA reject "no harm, no foul" defense to preference liability where property transferred would have been exempt in BK. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/RUEL-BK-D-MA-BAILEY-10-12-11.pdf …
- 8th BAP rejects "no harm, no foul" per se rule that exempt property can be fraudulently transfered. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/LUMBAR-APP-EIGHTH-CIRCUIT-FEDERMAN-10-12-11.pdf …
- B-MT: Contract rejection doesnt cancel/repudiate/rescind/terminate contr., it only relieves estate from contr. obligs. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/YELLOWSTONE-BK-D-MT-KIRSCHER-10-12-11.pdf …
- B-SDNY: Contingent claims must be disallowed as a §503(b) admin. expense if they’re contingent at time of allowance. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/ROCK-BK-SD-NY-GONZALEZ-10-7-11.pdf …
- B-SDNY: §502(e)(1)(B) disallowance doesn’t apply to administrative claims, which arise under §503, not §502. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/ROCK-BK-SD-NY-GONZALEZ-10-7-11.pdf …
- B-MT reviews "classic" adequate protection as compens. for loss of value & as check on aggressive Dbtr/Ttee remedies. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/NOVAK-BK-D-MT-KIRSCHER-10-11-11.pdf …
- B-TX: Fin. consultant/expert denied fees bec plan on which it testified wasnt confirmed & no other tang. benefit shown. http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/IRH-BK-SD-TX-BOHM-9-6-11.pdf …
- B-FL: Dbtrs ineligible for ch 13 discharge cant use ch 13 to strip wholly unsec jr mortg liens on principal residences http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/QUIROS-BK-SD-FL-OLSON-9-19-11.pdf …
- B-CT: No §553(a) mutuality bec dfdt’s sec loan to dbtr & dbtr’s tortious intf jdgmt ag dfdt "aren’t of the same right." http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/BOLIN-BK-D-CT-SHIFF-9-21-11.pdf …
- B-CT: Postpet tortious intf jdgmt rooted in prepet acts not "arise" prepet so cant setoff ag prepet claim per §553(a). http://www.bankruptcylitigationblog.com/wp-content/uploads/sites/427/uploads/file/BOLIN-BK-D-CT-SHIFF-9-21-11.pdf …
Thanks for reading! Lots more to follow.