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  • 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 Southland Royalty Co., LLC

    Publication Date: 2021-02-10
    Practice Area: Bankruptcy
    Industry: Energy
    Court: U.S. Bankruptcy Court
    Judge: Judge Owens
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69290

    Creditor did not comply with state lien law requirements and it failed to obtain relief from the automatic stay, so its liens were void.

  • In re: Hosp. Acquisition LLC

    Publication Date: 2021-01-06
    Practice Area: Bankruptcy
    Industry: Health Care
    Court: U.S. Bankruptcy Court
    Judge: Judge Shannon
    Attorneys: For plaintiff: M. Blake Cleary, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Abid Qureshi, Akin Gump Strauss Hauer & Feld LLP, New York, NY for debtors.
    for defendant: Donald J. Detweiler, Troutman Pepper, Wilmington, DE; James P. Muenker, Neligan, LLP, Dallas, TX for movant.
    Case Number: D69248

    Lump sum adjustment from Centers for Medicare and Medicaid Services received by debtors constituted a "settlement" and therefore qualified as a purchased asset that debtors were required to turn over under the terms of the parties' asset purchase agreement.

  • In re: DSI Renal Holdings, LLC

    Publication Date: 2020-12-16
    Practice Area: Bankruptcy
    Industry: Health Care | Investments and Investment Advisory
    Court: U.S. Bankruptcy Court
    Judge: Judge Owens
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69224

    While one individual defendant owed fiduciary duties to debtors, trustee's adversary proceeding against other defendants failed where trustee presented no evidence those defendants had knowledge of their participation in an alleged transaction to fraudulently withdraw assets from debtors.

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  • In re Welded Constr., L.P.

    Publication Date: 2020-12-16
    Practice Area: Bankruptcy
    Industry: Construction | Energy
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: David W. Carickhof, Archer & Greiner, P.C., Wilmington, DE; Charles S. Kelley, Andrew C. Elkhoury, Mayer Brown LLP, Houston, TX for Columbia Gas Transmission.
    for defendant: Stephen A. Venzie, Sally J. Daugherty, Cohen, Seglias, Pallas, Greenhall & Furman, P.C., Wilmington, DE for Earth Pipeline Serv., Inc.
    Case Number: D69225

    A subcontractor waived its right to assert a mechanic's lien.

  • In re: NNN 400 Capital Ctr. 16, LLC

    Publication Date: 2020-11-04
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Investments and Investment Advisory | Real Estate
    Court: U.S. Bankruptcy Court
    Judge: Judge Dorsey
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69176

    Prevailing party's motion for costs incurred in adversary proceedings granted despite the procedural irregularity of the prevailing party's request.

  • In re Tropicana Ent., LLC

    Publication Date: 2020-05-06
    Practice Area: Bankruptcy
    Industry: Entertainment and Leisure
    Court: U.S. Bankruptcy Court
    Judge: Judge Walrath
    Attorneys: For plaintiff: Herbert Beigel, Herbert Beigel & Associates, LLC, Tucson, AZ; Joseph Grey, Cross & Simon LLC, Wilmington, DE for plaintiff.
    for defendant: Dennis A. Meloro and Nancy A. Peterman, Greenberg Traurig, LLP, Chicago, IL; George M. Vinci, Jr. and Neal R. Troum, Spector Gadon Rosen Vinci P.C., Philadelphia, PA for defendants.
    Case Number: D68969

    Bankruptcy court granted a motion in limine regarding the admissibility of certain court opinions, but it denied the remainder of defendants' motions in limine.

  • In re: FBI Wind Down, Inc.

    Publication Date: 2020-05-06
    Practice Area: Bankruptcy
    Industry: Consumer Products | Recruitment and Staffing
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Michael B. Schaedle, Victoria Guilfoyle, and Brian J. Hall, Blank Rome LLP, Wilmington, DE; Mark S. Indelicato and Jeffrey Zawadzki, Hahn & Hessen LLP, New York, NY for plaintiff.
    for defendant: Jennifer O. Johnson, Careers USA, Inc. General Counsel, Boca Raton, FL; Timothy J. Weiler, Wilmington, DE for defendants.
    Case Number: D68968

    Summary judgment on avoidance actions denied to the extent there remained factual disputes as to whether the transfers qualified as preferential or constructively fraudulent, in particularly whether certain transfers were made on account of an antecedent debt.

  • In re SS Body Armor I, Inc.

    Publication Date: 2020-04-29
    Practice Area: Bankruptcy
    Industry: Investments and Investment Advisory
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Jeremy W. Ryan and R. Stephen McNeill, Potter Anderson & Corroon LLP, Wilmington, DE for the equity group. Christopher S. Simon and Kevin S. Mann, Cross & Simon, Wilmington, DE; Michael S. Etkin, Lowenstein Sandler LLP, Roseland, NJ for lead plaintiff.
    for defendant: Laura Davis Jones, Alan J. Kornfeld, James E. O’Neill and Elissa A. Wagner, Pachulski Stang Ziehl & Jones LLP, Wilmington, DE for SS Body Armor I, Inc. Frederick B. Rosner, Scott J. Leonhardt and Jason A. Gibson, The Rosner Law Group LLC, Wil-mington, DE; Robert M. Hirsh and Beth M. Brownstein, Arent Fox LLP, New York, NY for the recovery trust.
    Case Number: D68964

    The bankruptcy court had the power to aggregate remission payments realized by any of the parties and to redistribute them in accordance with the bankruptcy plan.