(Bankr. W.D. Ky. Sep. 1, 2016)
The bankruptcy court addresses the issue of whether the debtor’s prepetition claim for a surcharge before the Public Service Commission is property of the estate. The pre-petition receiver for the debtor argued that it was not, because the debtor abandoned its assets prepetition in the PSC action. The court disagrees, finding that legal title was not severed in the prepetition proceedings, and thus the bankruptcy trustee has control and authority over the surcharge claim. Opinion below.
Judge: Lloyd
(E.D. Ky. June 16, 2016)
(6th Cir. B.A.P. Apr. 26, 2016)
(7th Cir. Mar. 22, 2016)
(Bankr. E.D. Ky. Feb. 12, 2016)
(Bankr. E.D. Ky. Oct. 4, 2017)
The bankruptcy court grants in part the debtor’s motion to avoid a judicial lien on two parcels of real property. Applying the formula in 11 U.S.C. § 522(f), the court determines that the debtor’s exemption is impaired with respect to one parcel but not the other. Opinion below.
Judge: Schaaf
Attorneys for Debtor: Michael B. Baker, James R. Westenhoefer
Attorneys for Creditor: DelCotto Law Group PLLC, Sara A. Johnston
(Bankr. E.D. Ky. Aug. 4, 2017)
(S.D. Ind. June 2, 2017)
(Bankr. E.D. Ky. Apr. 10, 2017)
The bankruptcy court grants in part and denies in part the defendant lender’s motion to compel arbitration of claims asserted in the debtor’s complaint. The court first finds that the arbitration agreement is valid and that the claims are within its scope. The court then holds that, for certain claims, arbitration would conflict with the underlying purposes of the bankruptcy code. Thus, those claims remain with the bankruptcy court, while the other claims are to be arbitrated. Opinion below.
Judge: Wise
(S.D. Ind. Feb. 13, 2017)