New Cases For the Week of March 1, 2010 - March 5, 2010

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March 4, 2010

Case

Court

Holding

BNX Systems Corp. v. Nardolilli
(DBN)
4th Cir. The bankruptcy court erred in finding that an objection filed to a proposed sale constituted abuse of process. Abuse of process arises only from subsequent misuse of process, not from an initial filing.
     
March 3, 2010

Case

Court

Holding

In re Eneco, Inc.
(DBN)
10th Cir. BAP A diamond is forever. The jurisdiction of a bankruptcy court is not
     
March 2, 2010

Case

Court

Holding

In re Bernard L. Madoff Investment Securities, Inc.
(DBN)
Bankr. SD NY "Net equity" for the purpose of determining a SIPC claim, is the amount of cash deposited into an account, minus the amount withdrawn. Net equity is not the amount reflected on a customer's last statement.
     

 

 

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