The United States Bankruptcy Court for the Eastern District of Virginia will implement a randomized judge assignment protocol for mega chapter 11 bankruptcy cases next year, according to a Nov. 30 standing order from the court. The order states that ...

Tagged with: Bankruptcy Judge Frank J. Santoro U.S. Bankruptcy Court U.S. District Court - Eastern District

Where a Virginia Code exemption for equipment used in the householder’s “occupation or trade” did not include language restricting the exemption to a debtor’s principal occupation or trade, a part-time farmer could exempt farming equipment. Background Trevor G. Ross and ...

Tagged with: Bankruptcy Judge Rebecca B. Connelly U.S. Bankruptcy Court

Where the trustee sought to set aside an alleged fraudulent transfer of real property, but the property didn’t belong to the debtors and was instead held by an LLC in which they had an interest, the fraudulent conveyance and transfer ...

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

Where the debtor inflated his expenses to hide disposable income, and the record showed a pattern of making unsubstantiated expense claims, the court concluded that he filed his three Chapter 13 plans in an effort to unreasonably delay and thwart ...

Tagged with: Bankruptcy Judge Klinette H. Kindred U.S. Bankruptcy Court

Where the bankruptcy trustee for the defunct law firm LeClairRyan sought to avoid and recover transfers made to Gary LeClair, one of the firm’s founders, her claims may proceed because the transfers were allegedly made to hinder, delay or defraud ...

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

Where the husband of the debtor would otherwise have to wait until the conclusion of the bankruptcy before a state court could equitably distribute marital property as part of a divorce, a relief from the automatic stay was granted. Background ...

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

Where the debtor showed he could not repay his student loan debt and maintain a “minimal” standard of living, that these circumstances were likely to persist and that he had made a good faith effort to secure employment and communicate ...

Tagged with: Bankruptcy Judge Rebecca B. Connelly U.S. Bankruptcy Court

The Chapter 7 bankruptcy trustee overseeing the dissolution of Richmond firm LeClairRyan added claims against firm co-founder Gary LeClair in an amended complaint filed last month in the U.S. Bankruptcy Court for the Eastern District of Virginia. Filed Aug. 25, ...

Tagged with: LeClairRyan U.S. Bankruptcy Court U.S. District Court - Eastern District UnitedLex

Where the debtor failed to list a savings account on her Chapter 13 schedule, her case was dismissed with prejudice for 90 days because her failure was at least the product of a reckless disregard for the truth. Background This ...

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

Where the United States trustee moved to stay the bankruptcy court’s disclosure statement and confirmation orders pending appeal, but failed to show irreparable harm if its motion was denied or a likelihood of success on the merits of its appeal, ...

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