Respondent Tempnology, LLC (“Tempnology”) designs and manufactures accessories—such as towels, socks, and headbands—that remain cool while a user exercises. Mission Product Holdings, Inc., v. Tempnology, LLC, n/k/a Old Cold LLC at 3. In connection with...
bankruptcy
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MOAC Mall Holdings LLC, or Mall of America (“MOAC”), owns and operates the nation’s largest shopping mall in Bloomington, Minnesota. Brief for Petitioner, MOAC Mall Holdings LLC (“MOAC”) at 6. MOAC entered a lease agreement (the “MOAC Lease”) with the...
(LIIBULLETIN preview)
The Commonwealth of Puerto Rico is facing a severe financial crisis, and several public utility companies are on the verge of insolvency. See Franklin California Tax-Free Trust, et al. v. Commonwealth of Puerto Rico, 805 F.3d 322, 324 (1st Cir. 2015)....
(LIIBULLETIN preview)
This case involves the interpretation of Section 1129(b)(2)(A) of the Bankruptcy Code (“the Code”). See 11 U.S.C. § 1129(b)(2)(A). In 2007, Petitioners RadLAX Gateway Hotel, LLC and RadLAX Gateway Deck, LLC (collectively “RadLAX”) borrowed...
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Jason Ransom ("Ransom") is a single man living in Nevada. See Ransom v. MBNA, 577 F.3d 1026, 1027 (9th Cir. 2009). In 2006, he had $82,542.93 of unsecured debt, mostly on credit cards, including $32,896.73 owed to MBNA America Bank ("MBNA"). See Id. In...
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On March 21, 2013, petitioner Ritzen Group, Inc. entered into a Real Estate Contract (“the Contract”) with respondent Jackson Masonry, LLC. Ritzen Group, Inc. v. Jackson Masonry, LLC, at 497. Under the Contract, Jackson Masonry was supposed to sell...
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In a Chapter 7 filing, a debtor is allowed to claim certain items exempt from creditor collection. See 11 U.S.C. § 522. The claimed exemption at issue in this case deals with two types of exemptions. The first type allows a debtor to exempt certain...
(LIIBULLETIN preview)
In 1994, J. Howard Marshall II, a very wealthy retired oil executive, married Vickie Lynn Marshall (hereinafter “Vickie”); at the time of their marriage, she was 26 and he was 89. See In re Marshall, 600 F.3d 1037, 1041–42 (9th Cir. 2010). Vickie...
(LIIBULLETIN preview)
Petitioner Bradley Weston Taggart, a real estate developer, owned a twenty-five percent interest in Sherwood Park Business Center (“SPBC”). Lorenzen v. Taggart, 888 F.3d 438, 440 (9th Cir. 2018). In 2007, Taggart transferred his interest in SPBC to his...
(LIIBULLETIN preview (pre-2014))
Oral argument: Mar. 30, 2009
Appealed from: United States Court of Appeals, 2d Circuit (Feb. 15, 2008)
BANKRUPTCY, ASBESTOS, SETTLEMENT TRUSTS, INSURERS, MANVILLEIn 1986, a bankruptcy court issued a landmark confirmation order that...