Case law

In re Energy Future Holdings Corp.

561 B.R. 630 · United States Bankruptcy Court, D. Delaware · Dec 19, 2016

The Asbestos Movants compare the LSGT Debtors’ cases to those in 15375 Memorial Corp. v. Bepco, L.P. 35 (hereinafter “Memorial”). … In re Mirant Corp., No. 03-46590, 2005 WL 2148362 at *11 (citing Geyen v.

Matter of Keiser

35 B.R. 496 · United States Bankruptcy Court, D. Delaware · Nov 9, 1983

It provides that his wife will pay off the amount due GMAC, $750, so that Browning and Vanier alone are to receive payments under the plan. … Deans v. O’Donnell, 692 F.2d 968 (4th Cir.1982). Debtor and his wife made a mortgage application and were turned down apparently because of the wage attachment.

In Re Capmark Financial Group Inc.

438 B.R. 471 · United States Bankruptcy Court, D. Delaware · Nov 1, 2010

Mellon Bank v. … Champion Enters., 2010 WL 3522132 , at *19-20, 2010 Bankr.LEXIS 2720, at *62; Brown v. GE Capital Corp.

In re Hercules Offshore, Inc.

565 B.R. 732 · United States Bankruptcy Court, D. Delaware · Nov 1, 2016

See Bloor v. … Bank & Trust Co. v.

Lipscomb ex rel. LMI GUC Trust v. Clairvest Equity Partners Ltd. Partnership (In re LMI Legacy Holdings, Inc.)

553 B.R. 235 · United States Bankruptcy Court, D. Delaware · Jun 3, 2016

Edgar v. MITE Corp., 457 U.S. 624, 645-46 , 102 S.Ct. 2629 , 73 L.Ed.2d 269 (1982). . E.g. Lou v. Belzberg, 728 F.Supp. 1010, 1023 (S.D.N.Y.1990); Bernstein v. … See also Allegaert v.

In re Altegrity, Inc.

562 B.R. 253 · United States Bankruptcy Court, D. Delaware · Nov 28, 2016

Barr v. … Brown (In re Brown), the Bankruptcy Court for the Western District of Pennsylvania applied McDowell to determine that a Chapter 7 petition was filed before "the hammer fell” on a sheriff’s sale. 311 B.R. 721, 727-28 (Bankr

In Re Mariner Health Group

300 B.R. 610 · United States Bankruptcy Court, D. Delaware · Sep 24, 2003

Brown, Elzufon, Austin, Reardon, Tarlov & Mondell, Wilmington, DE, T. Carroll Brown, Brown, Browns & Brown PA, Bel Air, MD, Michael G. Busenkell, Morris, Nichols, Arsht & Tunnel, Wilmington, DE, Mark E. … Sullivan, Werb & Sullivan, Karen V.

Smith v. Weinshanker (In re Draw Another Circle.)

602 B.R. 878 · United States Bankruptcy Court, D. Delaware · Jun 13, 2019

The Amended Complaint alleges that no board meetings were held, no board members were consulted on material matters pertaining to the various acquisitions and transfers, no board members were consulted concerning the depletion … V.

In re SS Body Armor I, Inc.

527 B.R. 597 · United States Bankruptcy Court, D. Delaware · Apr 1, 2015

Manville Corp. v. Equity Security Holders Committee (In re Johns-Manville Corp.), 801 F.2d 60 , 63 (2d Cir.1986) (hereinafter “Johns-Manville "). . NKFW Partners v. … Minter v. Directors of Concrete Products (Matter of Concrete Products, Inc.), 110 B.R. 997 (Bankr.S.D.Ga.1989) (hereinafter “Concrete Products”). .

Chorman v. Foamex International, Inc. (In re Foamex International, Inc.)

491 B.R. 100 · United States Bankruptcy Court, D. Delaware · Apr 4, 2013

of Directors (the “Board”). … See Avins v. Moll, 610 F.Supp. at 318 . Before asking for Plaintiffs resignation, the company’s outside advisors, a special committee of the Board, and finally the full Board considered his removal.

Haskell v. Goldman, Sachs & Co. (In Re Genesis Health Ventures, Inc.)

367 B.R. 516 · United States Bankruptcy Court, D. Delaware · May 4, 2007

Republic of Philippines v. Westinghouse Elec. Corp., 949 F.2d 653 , 658 (3d Cir.1991) (citing Hilton v. Braunskill, 481 U.S. 770, 776 , 107 S.Ct. 2113 , 95 L.Ed.2d 724 (1987)); see also United States v. Carlin, Civ. … (In re Public Service Co. of New Hampshire), 43 F.3d 763 (1st Cir.1995); Hotel Corp. of the South v. Rampart 920, Inc., 46 B.R. 758 (E.D.La.1985), aff'd without opinion, 781 F.2d 901 (5th Cir.1986); and Browning v.

JLL Consultants, Inc. v. Gothner (In re AgFeed USA, LLC)

546 B.R. 318 · United States Bankruptcy Court, D. Delaware · Feb 19, 2016

Gothner Joins AgFeed’s Board On December 14, 2009, Gothner joined AgFeed’s Board, replacing Rittereiser on the Board. However, Rittereiser remained involved with the Board as an ad-visor. … Under Nevada law, a corporation’s “board of directors has full control over the affairs of the corporation.” See, e.g., Shoen v.

In re Seegrid Corp.

560 B.R. 93 · United States Bankruptcy Court, D. Delaware · Oct 27, 2016

Auerbach v. Kantor-Curley Pediatric Assocs., P.C., 2004 WL 870702 (E.D. PA. 2004). Mr. … Hosp. v. Allen B.

Joseph v. Frank (In Re Troll Communications, LLC)

385 B.R. 110 · United States Bankruptcy Court, D. Delaware · Apr 2, 2008

Because a board is presumed to have acted properly, “the burden is on the party challenging the decision to establish facts rebutting the presumption.” Orman v. Cullman, 794 A.2d 5, 19-20 (Del. … Stanziale v.

Cooper v. Tech Data Corp. (In Re Bridgeport Holdings, Inc.)

326 B.R. 312 · United States Bankruptcy Court, D. Delaware · Jul 1, 2005

The facts of Browning v. Levy, 283 F.3d 761 (6th Cir.2002) are quite different from those here. … Aside from the fact that Browning did not address the reservation of preference actions, as discussed below, a recent bankruptcy court decision in the Sixth Circuit, Elk Horn Coal Co. v.

Cruz v. HMR Foods Holding, LP (In re HMR Foods Holding, LP)

602 B.R. 855 · United States Bankruptcy Court, D. Delaware · Jun 13, 2019

Ashcroft v. Iqbal, 556 U.S. 662 , 677, 129 S.Ct. 1937 , 173 L.Ed.2d 868 (2009). Id. Crystallex Int'l Corp. v. Petroleos De Venezuela, S.A., 879 F.3d 79 , 83 n.6 (3d Cir. 2018). Bell Atlantic Corp. v. … Express Lines, Ltd. v. Higgins, 281 F.3d 383 , 388 (3d Cir. 2002). Id. (citing Commonwealth of Pa. ex rel. Zimmerman v. PepsiCo, Inc., 836 F.2d 173 , 181 (3d Cir. 1988). Paul v. Intel Corp. (In re Intel Corp.

Azzata v. American Bedding Industries, Inc. (In Re Consolidated Bedding, Inc.)

432 B.R. 115 · United States Bankruptcy Court, D. Delaware · May 11, 2010

Corp. v. Twombly, 550 U.S. 544, 555 , 127 S.Ct. 1955 , 167 L.Ed.2d 929 (2007); Kost v. Kozakiewicz, 1 F.3d 176, 183 (3d Cir.1993). … in board decisions to close the Facilities and file for bankruptcy.

Burtch v. Huston (In Re USdigital, Inc.)

443 B.R. 22 · United States Bankruptcy Court, D. Delaware · Jan 5, 2011

or the lack of good faith in the board’s judgment of the adequacy of such a system, thus, can lead to liability. … Feb. 18, 2009) (citing Albert v. Alex Brown Mgmt. Servs., Inc., 2005 WL 2130607 , at *11 (Del.Ch. Aug.26, 2005)). 120 . Id. 121 . See Local Loan Co. v. Hunt, 292 U.S. 234 , 54 S.Ct 695 , 78 L.Ed. 1230 (1934). 122 .

Charlestown Holdings, Inc. v. Federal Deposit Insurance (In re Competrol Acquisition Partnership, L.P.)

176 B.R. 723 · United States Bankruptcy Court, D. Delaware · Aug 12, 1994

Partnership, 136 B.R. 896 (Bankr.D.Mass.1992); Araserv, Inc. v. Bay State Harness Horse Racing, 437 F.Supp. 1083 (D.Mass.1977); and Corrigan v. Payne, 312 Mass. 589 , 45 N.E.2d 829 (1942). … Co., Inc. v. United Jersey Bank, 959 F.2d 1194, 1206 (3d Cir.1991).

Stanziale v. Nachtomi

330 B.R. 56 · United States Bankruptcy Court, D. Delaware · Apr 20, 2004

See also Brehm v. … Brehm v. Eisner, 746 A.2d 244, 255 (Del.2000).