• In re: Maxus Energy Corp.

    Publication Date: 2022-07-05
    Practice Area: Bankruptcy
    Industry: Chemicals and Materials | Energy | Manufacturing
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; J. Christopher Shore, White & Case LLP, New York, NY for plaintiff.
    for defendant: Robert J. Deheny, Curtis S. Miller, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Corey D. Berman, Weil, Gotshal & Manges LLP, Miami, FL; John J. Kuster, Sidley Austin LLP, New York, NY; Matthew McGuire, Landis Rath & Cobb LLP, Wilmington, DE; Jeffrey A. Rosenthal, Cleary Gottlieb Steen & Hamilton LLP, New York, NY for defendants.

    Case Number: D69876

    Court denied parties' cross-motions on fraudulent transfer and alter ego claims where there were genuine issues of material fact regarding whether transfers could fall under definition of fraudulent transfers and whether transfers were undertaken for legitimate purposes.

  • In re Maxus Energy Corp.

    Publication Date: 2022-04-05
    Practice Area: Bankruptcy
    Industry: Consulting | Energy | Insurance
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; J. Christopher Shore, White & Case, New York, NY for the Liquidating Trust.
    for defendant: Marc J. Phillips, Montgomery McCracken Walker & Rhodes LLP, Wilmington, DE; Edward L. Schnitzer, New York, NY for Arcina Risk Group, LLC.

    Case Number: D69768

    The court held that creditor Arcina did not establish that its failure to file a timely proof of claim was the result of excusable neglect.

  • In Re: AMC Investors, LLC

    Publication Date: 2022-02-08
    Practice Area: Bankruptcy
    Industry: Investments and Investment Advisory
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Mark D. Collins, Marcos A. Ramos, Cory D. Kandstein, Richards, Layton & Finger, P.A., Wilmington, DE; Mitchell A. Karlan, Gibson, Dunn & Crutcher LLP, New York, NY for plaintiff.
    for defendant: Curtis S. Miller, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Brian P. Miller, Samantha J. Kavanaugh, James A. Bombulie, Akerman LLP, Miami, FL for defendants.

    Case Number: D69704

    Breach of fiduciary duty claims were untimely where plaintiffs were on notice of the claims over a decade prior as the same claims had been asserted against several of the plaintiffs in a related action.

  • In re: EHT US1, Inc.

    Publication Date: 2021-12-07
    Practice Area: Bankruptcy
    Industry: Hospitality and Lodging
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Seth Van Allen, G. David Dean, Justin R. Alberto, Cole Schotz, P.C., Wilmington, DE; Luc A. Despins, Nicholas A. Basset, G. Alexander Bongartz, Paul Hastings LLP, New York, NY for plaintiff.
    for defendant: Bruce W. McCullough, Bodell Bove, LLC Wilmington, DE for defendants.

    Case Number: D69630

    Bankruptcy court could hold adversary proceeding defendants in civil contempt for failure to comply with the court's preliminary injunction order requiring a detailed accounting and enjoining defendants from dissipating or otherwise transferring their assets, after defendants' accounting was woefully deficient and defendants expressly stated their intention to transfer funds.

  • In re: Park Place Dev. Primary, LLC

    Publication Date: 2021-11-16
    Practice Area: Bankruptcy
    Industry: Construction | Real Estate
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Marcy J. Mclaughlin Smith, Troutman Pepper Hamilton Sanders LLP, Wilmington, DE; Gary W. Marsh, Troutman Pepper Hamilton Sanders LLP, Atlanta, GA; Brett D. Goodman, Troutman Pepper Hamilton Sanders LLP, New York, NY for debtor.
    for defendant: Daniel A. O’Brien, Venable LLP, Wilmington, DE; Jeffrey S. Sabin, James E. Frankel, Gary L. Rubin, and Carol A. Weiner, Venable LLP, New York, NY for creditors.

    Case Number: D69612

    Involuntary bankruptcy petition dismissed as having been filed in bad faith, where petitioning creditors represented contractors holding mechanic's liens and the totality of the circumstances indicated that petitioners sought to avoid extinguishment of their claims in a related foreclosure action and instead litigate in the more favorable forum of the bankruptcy court.

  • Law Journal Press | Digital Book

    Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition

    Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner

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  • In Re Windhaven Top Ins. Holdings, LLC

    Publication Date: 2021-11-02
    Practice Area: Bankruptcy
    Industry: Consulting | Insurance
    Court: U.S. Bankruptcy Court
    Judge: Judge Sontchi
    Attorneys: For plaintiff: Lisa Bittle Tancredi, Gebhardt & Smith LLP, Wilmington, DE for Risk & Regulatory Consulting, LLC. Mark E. Felger, Barry M. Klayman, Gregory F. Fischer, Wilmington, DE for Jeoffrey L. Burtch, Chapter 7 Trustee.
    for defendant: Eric D. Schwartz, Matthew B. Harvey, Paige N. Topper, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Pater Ivancik, Alex M. Sher, Hogan Lovells US LLP New York, NY for Atalaya Capital Management LLP, Atalaya Special Opportunities Fund VII LP and Midtown Madison Management LLC.

    Case Number: D69596

    The court held that the Bankruptcy Code was not reverse preempted by the Texas Insurance Code because the underlying dispute was a contract dispute, but not the business of insurance.

  • In re Extraction Oil & Gas, Inc.

    Publication Date: 2021-10-06
    Practice Area: Bankruptcy
    Industry: Energy
    Court: U.S. District Court of Delaware
    Judge: District Judge Sontchi
    Attorneys: For plaintiff: Maria Aprile Sawczuk, Steven Yachik, Goldstein & McClintock LLP, Chicago, IL; Steven Louis-Prescott, Hamre, Rodriguez Ostrander & Dingess, P.C., Denver, CO; Matthew D. Skeen, Jr., Skeen & Skeen, P.C., Denver, CO for plaintiffs.
    for defendant: Marc R. Abrams, Richard W. Riley, Stephen B. Gerald, Whiteford, Taylor & Preston LLC, Wilmington, DE; Christopher Marcus, P.C., Allyson Smith Weinhouse, Ciara Foster, Kirkland & Ellis LLP, New York, NY; Anna Rotman, P.C.m Kenneth Young, Kirkland & Ellis LLP, Houston, TX for reorganized debtors.

    Case Number: D69564

    Bankruptcy court granted a motion to dismiss an adversary proceeding for lack of subject matter jurisdiction, because royalty claimants failed to exhaust their administrative remedies under state law.

  • 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 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 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.