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    Court confirms that no statutory or common law landlord’s lien exists under Michigan law
    2012-08-07

    The United States Bankruptcy Court for the Western District of Michigan recently held in a published opinion that no statutory or common law landlord’s lien exists under Michigan law. Rather, in order for a landlord to assert a valid lien on the personal property of its tenant, the tenant must have consensually agreed to grant a security interest in the property and the landlord must have perfected such interest in accordance with Article 9 of the Uniform Commercial Code. In re Kentwood Pharmacy, LLC, ___ B.R. ___, 2012 WL 2899383 (Bankr. W.D. Mich. July 17, 2012).

    Filed under:
    USA, Michigan, Insolvency & Restructuring, Litigation, Real Estate, Barnes & Thornburg LLP, Leasehold estate, Personal property, Common law, Uniform Commercial Code (USA), United States bankruptcy court
    Authors:
    John T. Gregg , Patrick E. Mears
    Location:
    USA
    Firm:
    Barnes & Thornburg LLP
    Ruling confirms that judicial liens are dischargeable in Chapter 7
    2012-03-16

    Summary

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Fox Rothschild LLP, Debt, Personal property, United States bankruptcy court
    Authors:
    L. John Bird
    Location:
    USA
    Firm:
    Fox Rothschild LLP
    Sixth Circuit avoids bank's lien interest in manufactured home
    2011-11-21

    The case of In re Dickson, 655 F.3d 585 (6th Cir. 2011) centered on the status of the debtor’s manufactured home under Kentucky law.  In Kentucky, a manufactured home is considered personal property.  As such, in order for a lien to be effective, it must be noted on the certificate of title.  A manufactured home may be converted to real property, however, if the owner files an affidavit that states it is permanently affixed to real estate and then surrenders title.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Real Estate, Frost Brown Todd LLP, Debtor, Interest, Personal property, Sixth Circuit
    Location:
    USA
    Firm:
    Frost Brown Todd LLP
    Recent Eighth Circuit bankruptcy decisions
    2011-11-16

    Heide v. Juve, (In re David L. Juve and Mona L. Juve), No. 11-6006, (8th Cir. BAP 09/16/2011) (Judges Schermer, Federman, and Nail).

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Larkin Hoffman Daly & Lindgren Ltd, Bankruptcy, Debtor, Fraud, Leasehold estate, Misconduct, Debt, Personal property, Vacated judgment, Legal burden of proof, Remand (court procedure), Land tenure, Eighth Circuit, Bankruptcy Appellate Panel
    Authors:
    L. Kathleen Harrell-Latham
    Location:
    USA
    Firm:
    Larkin Hoffman Daly & Lindgren Ltd
    Owners may be "stuck" with dissolved company’s debt
    2011-10-25

    A recent New York bankruptcy case holds that shareholders, directors and officers who dissolve a corporation to avoid paying a judgment against the business may be jointly and severally liable for a non-dischargeable debt in their personal bankruptcies.

    Filed under:
    USA, New York, Company & Commercial, Insolvency & Restructuring, Litigation, BakerHostetler, Bankruptcy, Shareholder, Debtor, Debt, Mortgage loan, Personal property, Misrepresentation, Joint-stock company, Joint and several liability, Dissolution (law), Corporate bond, Title 11 of the US Code, United States bankruptcy court
    Authors:
    George Klidonas
    Location:
    USA
    Firm:
    BakerHostetler
    Shopping center in Provo, Utah
    2011-10-13

    In re Provo Gateway, LLC (Bankr. D. Utah) Case no. 11-31259

    Filed under:
    USA, Utah, Insolvency & Restructuring, Litigation, Real Estate, Greenberg Traurig LLP, Bankruptcy, Debtor, Leasehold estate, Accounts receivable, Limited liability company, Personal property, Holding company
    Location:
    USA
    Firm:
    Greenberg Traurig LLP
    Demolition and abatement company in Chesapeake, Virginia
    2011-10-13

    In re East Coast Abatement Co. Inc. (Bankr. E.D. Va.) Case no. 11-73560

    Filed under:
    USA, Virginia, Insolvency & Restructuring, Litigation, Greenberg Traurig LLP, Bankruptcy, Debtor, Accounts receivable, Personal property
    Location:
    USA
    Firm:
    Greenberg Traurig LLP
    169-unit apartment building in Sherman Oaks, California
    2011-10-13

    In re Summer View Sherman Oaks Apartments, LLC (Bankr. C.D. Cal.) Case no. 11-19800

    Filed under:
    USA, California, Insolvency & Restructuring, Litigation, Real Estate, Greenberg Traurig LLP, Bankruptcy, Debtor, Accounts receivable, Limited liability company, Personal property
    Location:
    USA
    Firm:
    Greenberg Traurig LLP
    Computer developer in Madison, Wisconsin
    2011-10-13

    In re MicroBlade, LLC (Bankr. W.D. Wis.) Case no. 11-14981

    Filed under:
    USA, Wisconsin, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Patents, Telecoms, Trademarks, Greenberg Traurig LLP, Bankruptcy, Debtor, Patent infringement, Accounts receivable, Limited liability company, Personal property
    Location:
    USA
    Firm:
    Greenberg Traurig LLP
    Shopping center properties in North Carolina
    2011-10-13

    In re Piedmont Center Investments, LLC (Bankr. E.D. Wis.) Case no. 11-32453

    Filed under:
    USA, North Carolina, Insolvency & Restructuring, Leisure & Tourism, Litigation, Real Estate, Greenberg Traurig LLP, Bankruptcy, Debtor, Accounts receivable, Limited liability company, Personal property
    Location:
    USA
    Firm:
    Greenberg Traurig LLP

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