A Culpeper motorcycle dealership that thumbed its nose at bankruptcy law has been hit with a $42,947.37 judgment. Using a bankruptcy notice as a trigger for repossession and then stonewalling the bankruptcy court could prove costly for the small business. ...

Tagged with: Bankruptcy Judge Rebecca B. Connelly Repossession

The Richmond-based law firm of LeClairRyan PLLC converted its Chapter 11 bankruptcy to Chapter 7 last Friday, Oct. 4, with a trustee taking over liquidation proceedings. U.S. Bankruptcy Judge Kevin R. Huennekens approved the move Sept. 26, observing it was ...

Tagged with: Bankruptcy Judge Kevin R. Huennekens LeClairRyan

Where the government began recoupment proceedings in 2008 against a debtor  discharged from the Air Force because she was lesbian in order to recover funds expended on her behalf under the ROTC program, her 2017 challenge to recoupment proceedings was ...

Tagged with: Bankruptcy Judge Elizabeth K. Dillon U.S. District Court - Western District

Although the auctioneer’s own company placed the winning bid on the real property, the sale was not “inherently unfair” because the advertising for the auction, the bidding process and the actual bidding were conducted at arm’s length. However, because the ...

Tagged with: Bankruptcy Judge Paul M. Black U.S. Bankruptcy Court

Where real property was titled only in the name of a debtor’s husband and the debtor argued she had an “equitable interest” in the property and the deed should be reformed to correct a “mutual mistake,” her proof fell short ...

Tagged with: Bankruptcy Judge Brian F. Kenney U.S. Bankruptcy Court

Where Bank of the West violated an automatic stay, sought to collect a deficiency balance after the expiration period and willfully made repeated contact with the debtors despite requests from their counsel to stop, the bank was sanctioned and counsel ...

Tagged with: Bankruptcy Judge Paul M. Black U.S. Bankruptcy Court

Although Congress has increased the fees payable to the U.S. Trustee System, that fee increase is unconstitutional because it is not being applied evenly to all Chapter 11 cases. As a result, the liquidating trust here is not responsible for ...

Tagged with: Bankruptcy Judge Kevin R. Huennekens U.S. Bankruptcy Court

Where the debtor argued that a claim must list all interest and fees from the inception of the account, the court rejected that argument and held that the claim is complete if it includes a breakdown of principal, interest, fees ...

Tagged with: Bankruptcy Judge Keith L. Phillips U.S. Bankruptcy Court

Where a claimant did not immediately receive notice of the claim-filing deadline because the debtor provided an incorrect address, but she still had knowledge of the deadline with sufficient time to make a timely filing, her proof of claim filed ...

Tagged with: Bankruptcy Judge Paul M. Black U.S. Bankruptcy Court

Where a bargain outlet purchased a company’s interest in a sublease for a store at a shopping center during an auction held as part of the company’s bankruptcy proceedings, the shopping center could not reverse the sale and prevent the ...

Tagged with: Bankruptcy Judge John A. Gibney Jr. U.S. District Court - Eastern District