New Cases For the Week of October 11, 2004 -
October 15, 2004
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October 15 , 2004 |
Case |
Court |
Holding |
Regions Bank v. J.R. Oil Company, LLC
(DBN Subscription Required) |
8th Cir. |
Because a creditor bank neither raised the issue of fraud during a bankruptcy nor timely moved to set aside the bankruptcy sale of its collateral, the bank's RICO claims (based upon alleged fraud in the procurement of a loan and the subsequent transfer and use of the collateral for the loan before and during a bankruptcy, culminating in a bankruptcy sale) were an impermissible collateral attack on the final sale judgment of the bankruptcy court. |
In re Gilbertson Restaurants, LLC
(DBN Subscription Required) |
8th Cir. |
The bankruptcy court erred in granting permission to pursue an interlocutory appeal of its interim ruling allowing employment of allegedly conflicted counsel. An interlocutory appeal of this ruling required a fully developed factual record. |
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October 14 , 2004 |
Case |
Court |
Holding |
In re GPR Holdings
(DBN Subscription Required) |
Bankr. N.D. Tex. |
Summary judgment evidence that a counterparty to a contract
was not a producer, distributor or end-user of natural gas,
does not translate into a fact that the counterparty was a forward contract merchant. |
In re W.R. Grace & Co.
(DBN Subscription Required) |
Bankr. De. |
Although equitable indemnity owed to a co-tortfeasor may not be sufficient to trigger "related to" jurisdiction (because the indemnity does not arise automatically), contractual indemnity is a sufficient basis for "related to" jurisdiction. Because establishment of asbestos claims against a non-debtor insured would give rise to a direct contractual claim for indemnity by the insurer against the debtor, a supplementary injunction was warranted to prohibit such litigation. |
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