• In re: F-Squared Inv. Mgmt., LLC

    Publication Date: 2021-08-25
    Practice Area: Bankruptcy
    Industry: Investments and Investment Advisory
    Court: U.S. Bankruptcy Court
    Judge: Judge Silverstein
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D69513

    Certain tax distributions made by debtor were for reasonably equivalent value, so the court granted defendants' motion for summary judgment against the trustee's fraudulent transfer claims.

  • In re: TK Holdings, Inc.

    Publication Date: 2021-07-28
    Practice Area: Bankruptcy
    Industry: Automotive | Manufacturing
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: James F. DeBouno, pro se appellant, Voorhees, NJ;
    for defendant: Stanley B. Tarr, Blank Rome LLP, Wilmington, DE; David J. Molton, Cameron Moxley, Gerard T. Cicero, Uchechi A. Egeonuigwe, Brown Rudnick LLP, New York, NY for trustee of Takata Airbag Tort Compensation Trust.

    Case Number: D69481

    The court affirmed a decision by the bankruptcy court which rejected certain claims because debtors did not manufacture the sensor that was responsible for claimants' injuries.

  • In re: Nine Point Energy Holdings, Inc.

    Publication Date: 2021-07-28
    Practice Area: Bankruptcy
    Industry: Energy | Transportation
    Court: U.S. Bankruptcy Court
    Judge: Judge Walrath
    Attorneys: For plaintiff: Michael R. Nestor, Kara Hammond Coyle, Michael S. Neiburg, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Richard A. Levy, Caroline A. Reckler, Jonathan Gordon, Latham & Watkins LLP, Chicago, IL; George A. Davis, Nacif Taousse, Alistair K. Fatheazam, Jonathan J. Weichselbaum, Latham & Watkins LLP, New York, NY; Heather Lennox, Robert S. Faxon, Jones Day, Cleveland, OH for plaintiffs.
    for defendant: Edward Soto, Weil Gotshal & Manges LLP, Miami, FL; Alfredo Perez, Weil Gotshal & Manges LLP, Houston, TX; Philip Bentley, Stephen Zide, Caroline Gange, Kramer Levin Naftalis & Frankel LLP, New York, NY; Curtis S. Miller, Taylor M. Haga, Nader A. Amer, Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, DE for defendants.

    Case Number: D69480

    Declarations and interests in midstream services agreement did not create a covenant running with mineral interest because the agreement only concerned the provision of personal benefits to the interest-holder, not any benefit to its real property.

  • In re: EHT US1, Inc.

    Publication Date: 2021-06-30
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Investments and Investment Advisory | Real Estate
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Mark D. Collins, Brendan J. Schlauch, Megan E. Kenney, Richards, Layton & Finger, P.A., Wilmington, DE; P. Sabin Willett, Morgan, Lewis & Bockius LLP, Boston, MA; Jennifer Feldsher, New York, NY; David M. Riley, Los Angeles, CA for plaintiff.
    for defendant: Seth Van Aalten, G. David Dean, Justin R. Alberto, Cole Schotz, P.C., Wilmington, DE; Luc A. Despins, G. Alexander Bongartz, Paul Hastings LLP, New York, NY for defendant.

    Case Number: D69447

    Bankruptcy courts were to look to the laws of the jurisdiction where a foreign entity was formed and resided to determine if its structure qualified it to be a debtor under the Bankruptcy Code.

  • In re: Ursa Operating Co. LLC

    Publication Date: 2021-06-09
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Energy | Real Estate
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Maria Aprile Sawczuk, Goldstein & McClintock, LLP, Wilmington, DE; George A. Barton, Taylor P. Foye, Barton and Burrows, LLC, Mission, KS for royalty claimants.
    for defendant: Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Tay-lor, LLP, Wilmington, DE; Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; David Kronenberg, Sidley Austin LLP, Washington, DC; Robert S. Velevis, Sidley Austin LLP, Dallas, TX for wind-down debtor. John H. Knight, Amanda R. Steele, David T. Queroli, Richards, Layton & Finger, P.A., Wilmington, DE; Ana Alfonso, Erin Ryan, Wilkie Farr & Gallagher LLP, New York, NY for Wells Fargo Bank.

    Case Number: D69426

    Royalty claimants were not entitled to an emergency stay in this appeal because they failed to show irrepa-rable harm or a likelihood of success.

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  • In re: TE Holdcorp, LLC

    Publication Date: 2021-06-02
    Practice Area: Bankruptcy
    Industry: Energy
    Court: U.S. District Court of Delaware
    Judge: District Judge Stickles
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D69420

    Bankruptcy court had authority to enter orders enforcing a sale order and the order of confirmation, and the moving party failed to demonstrate a clear error of law or fact.

  • In re Maxus Energy Corp.

    Publication Date: 2021-04-21
    Practice Area: Bankruptcy
    Industry: Energy | Legal Services
    Court: U.S. District Court of Delaware
    Judge: District Judge Sontchi
    Attorneys: For plaintiff: Adam G. Landis, Matthew B. McGuire, Landis Rath & Cobb LLP, Wilmington, DE; Victor L. Hou, Ari E. MacKinnon, Cleary Gottleib Steen & Hamilton LLP, New York, NY for YPF defendants.
    for defendant: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; J. Christopher Shore, Matthew L. Nichol-son, White & Case LLP, New York, NY for liquidating trust.

    Case Number: D69369

    Bankruptcy court denied a motion to disqualify the firm that served as lead counsel for a liquidating trust, because the firm had implemented a screen with respect to an attorney who had joined the firm.

  • In re: Boy Scouts of Am.

    Publication Date: 2021-04-14
    Practice Area: Bankruptcy
    Industry: Insurance | Non-Profit
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: Jonathan Hacker, O’Melveny & Myers LLP, Washington, DC; Tancred Schiavoni, Janine Panchok-Berry, An-drew Kirschenbaum, O’Melveny & Myers LLP, New York, NY; Stamatios Stamoulis, Stamoulis & Weinblatt LLP, Wilmington, DE for appellant.
    for defendant: Jessica C.K. Boelter, Sidley Austin LLP, New York, NY; Thomas A. Labuda, Michael C. Andolina, Matthew E. Linder, Sidley Austin LLP, Chicago, IL; Derek C. Abbott, Andrew R. Remming, Eric W. Moats, Morris Nich-ols Arsht & Tunnell LLP, Wilmington, DE for appellees.

    Case Number: D69363

    The bankruptcy court did not err in setting a bar date and establishing a claim form for sexual abuse claim-ants.

  • In re: UD Dissolution Corp.

    Publication Date: 2021-04-07
    Practice Area: Bankruptcy
    Industry: E-Commerce
    Court: U.S. District Court of Delaware
    Judge: District Judge Walrath
    Attorneys: For plaintiff: Albert H. Manwaring, IV, Morris James LLP, Wilmington, DE; Kevin N. Anderson, Fabian VanCott, Salt Lake City, UT for UD Liquidating Trust. Eric Lopez Schnabel, Alessandra Glorioso, Dorsey & Witney (Delaware) LLP, Wilmington, DE; Milo Steven Marsden, Sarah Goldberg, Dorsey & Whitney LLP, Salt Lake City, UT for Sphere defendants.
    for defendant: L. Katherine Good, Matthew F. Davis, Potter Anderson & Corroon, Wilmington, DE; Brian R. Carney, Kris-ten Diane White, Akin Gump Strauss Hauer & Feld LLP, New York, NY for Cyrus defendants.

    Case Number: D69355

    Bankruptcy court determined that it had personal jurisdiction over defendants in this core proceeding and the statute of limitations did not bar plaintiff's claims.

  • In re: Lucky's Market Parent Co.

    Publication Date: 2021-04-07
    Practice Area: Bankruptcy
    Industry: Food and Beverage | Real Estate | Retail
    Court: U.S. District Court of Delaware
    Judge: District Judge Dorsey
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D69354

    The bankruptcy court rejected a landlord's administrative expense claim, because the lease provided that trade fixtures remained debtors' property.