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2010 NORTON BANKRUPTCY LAW SEMINAR MATERIALS

CHAPTER 11 RECENT DEVELOPMENTS (PART III)

By Hon. Leif M. Clark

TABLE OF CONTENTS

I. ESTATE ADMINISTRATION 1
A. Automatic Stay 1
In re Nortel Networks Corp., et. al., 426 B.R. 84 (Bankr. D.Del. 2010) 1
B. Sales 2
Contrarian Funds LLC, et. al. v. Aretex LLC, et. al. (In re Westpoint Stevens, Inc.), 600 F.3d 231 (2d Cir. 2010) 2
In re Osyka Corp. and Osyka Permian, LLC, 2010 WL 1050301 (Bankr. S.D. Tex., Mar. 18, 2010) 5
C. Executory Contracts and Unexpired Leases 6
In re Philadelphia Newspapers, LLC, 424 B.R. 178 (Bankr. E.D. Pa. 2010) 6
D. Employment of Professionals, Fees, and Sanctions 7
In re Bigler, LP, et. al., 422 B.R. 638 (Bankr. S.D. Tex. 2010) 7
E. Trustees and Examiners 8
In re The SCO Group, Inc., et. al., 2009 WL 2425755 (Bankr. D. Del., Aug. 5, 2009) 8
F. Debtor-in-Possession Financing 10
Comerica Bank v. Noble Int'l, Ltd. (In re Noble Int'l, Ltd., et. al.), 424 B.R. 760 (E.D. Mich. 2010) 10
G. Other Issues 11
In re Am. Prairie Constr. Co. v. Hoich, et. al., 594 F.3d 1015 (8th Cir. 2010) 11
Marshall v. Stern (In re Vickie Lynn Marshall), 2010 WL 986781 (9th Cir., Mar. 19, 2010) 12
In re Premier Int'l Holdings, Inc., et. al., 423 B.R. 58 (Bankr. D. Del. 2010) 14
II. PROPERTY OF THE ESTATE 15
A. Use of Estate Property 15
In re Fieldstone Mortgage Co., 2010 WL 743517 (Bankr. D. Md., Feb. 25, 2010) 15
B. Avoidance / Preference Actions 16
Stanley v. U.S. Bank Nat'l Ass'n (In re TransTexas Gas Corp., et. al.), 597 F.3d 298 (5th Cir. 2010) 16
Commissary Operations, Inc. v. Dot Foods, Inc., et. al. (In re Commissary Operations, Inc.), 421 B.R. 873 (Bankr. M.D. Tenn. 2010)18
C. Other Issues 19
The City of New York v. Tavern on the Green, L.P., 2010 WL 841322 (S.D.N.Y., Mar. 10, 2010) 19
III. CLAIMS 20
A. Administrative Expenses and Priority Claims 20
In re Princeton Office Park, L.P., 423 B.R. 795 (Bankr. D.N.J. 2010) 20
IV. PLAN CONFIRMATION 21
A. Third-Party Injunctions 21
In re Metcalf & Mansfield Alternative Invs., et. al., 421 B.R. 685 (Bankr. S.D.N.Y. 2010) 21
B. Other Issues 23
In re Shat, 424 B.R. 854 (Bankr. D. Nev. 2010) 23
C. Substantive Consolidation 25
Schroeder v. New Century Liquidating Trust, et. al. (In re New Century TRS Holdings, Inc.), 407 B.R. 576 (D. Del. 2009) 25
V. POST-CONFIRMATION 28
A. Jurisdiction and Standing 28
In re Ray & Berwick Black Cattle Co., 597 F.3d 871 (7th Cir. 2010) 28
Nelson v. Welch, et. al. (In re Repository Techs., Inc.), 2010 WL 1427524 (7th Cir., Apr. 12, 2010) 29
Solow, Cherniak, et. al. v. Kalikow (In re Kalikow), 602 F.3d 82 (2d Cir. 2010) 31
B. Mootness, Appeals, and Due Process 33
In re Johns-Mansville Corp., 2010 WL 1007832 (2d Cir., Mar. 22, 2010) 33
C. Discharged Claims 84
Hunt v. L.A.J., Inc. (In re Hunt), 424 B.R. 340 (E.D. Tenn. 2010) 35
VI. PROCEDURAL AND MISCELLANEOUS ISSUES 36
A. Jury Trial 36
Condrey v. Endeavor Highrise, L.P. & Kenneth Zimmern (In re Endeavor Highrise, L.P.), 425 B.R. 402 (Bankr. S.D. Tex. 2010) 36

 

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