Lawrence v. Goldberg, et al., 08- 11034 (11th Cir. July 10, 2009) (click here for .pdf opinion).
Debtor file suit against the Chapter 7 trustee, professionals employed by the trustee, and creditors in District Court.. The District Court
Georgia Bankruptcy Blog
The Georgia Bankruptcy Blog, published by The Law Office of Scott B. Riddle, focuses on bankruptcy law and related litigation in Georgia. It covers topics such as Chapter 7, Chapter 11, Chapter 12, and Chapter 13 bankruptcy cases, including issues like discharge complaints, exemptions, cramdowns, and bankruptcy litigation. The blog also addresses business and commercial litigation, real estate and construction disputes, and legal interpretations of bankruptcy statutes and court rulings within the Eleventh Circuit and Georgia state law. It provides updates on case law, procedural rules, and practical implications for individuals and businesses involved in bankruptcy and related legal matters.
Latest from Georgia Bankruptcy Blog - Page 19
Another Developer Files Chapter 11: Lake Burton Development, LLC Files Chapter 11 In Northern District
By Sunghee Sohn
The downward spiral of real estate appears to have taken another developer into Chapter 11.
Lake Burton Development, LLC, owned by Killearn, and the developer of Waterfall Country Club and Waterfall at Lake Burton, filed a Chapter 11 petition…
Ritz Camera/Wolf Camera Give Up On Reorganization And Will Close And Sell All Stores
By Sunghee Sohn
The Atlanta Business Chronicle is reporting that Ritz Camera, which operates as Wolf Camera in many locations (incl. Georgia), is giving up its reorganization efforts and will try to sell all remaining locations. Click here for the article by…
Chapter 11 Cases Filed In Northern District In June-July 2009
By Sunghee Sohn
Case No.
Ch
Party Info
Dates
Other Info
09-74867-whd
11
Thomas Key Grading & Trucking Inc
Filed:
06/09/2009
Entered:
06/09/2009
Office: AtlantaAssets: No
09-74936-whd
11
Utopia Trading, Inc.
Filed:
06/09/2009
Entered:
06/09/2009
Office: AtlantaAssets: Yes
09-74960-jem
…
11th Circuit – Bank To Bank Credit Card Balance Transfers Are Avoidable Preferential Transfers
By Sunghee Sohn
Bank of America, NA v. Mukamai (In re Egidi), No. 08-15958 (June 18, 2009) (click here for .pdf of opinion). The facts were not in dispute. Within 90 days of filing her bankruptcy petition, debtor caused one credit…
Two More Georgia Banks Seized And Closed On Failure Friday
By Sunghee Sohn
Friday afternoon in Georgia often means a bank gets the final visit from the FDIC. Today, two were shut down.
Community Bank of West Georgia, based in Villa Rica, was seized. No buyer was found, so the bank will…
Atlanta Journal-Constitution Article Discusses Fall Of Cornerstone Ministries
By Sunghee Sohn
The Atlanta Journal Constitution has an article today entitled “Cornerstone Ministries betrayed them by straying from mission, investors say,” by Christopher Quinn. You can read a little more about the Cornerstone Chapter 11 case by clicking here.…
Two More Construction Related Companies File Chapter 11 Petitions In Northern District
By Sunghee Sohn
Brown Steel, LLC and Case Engineered Lumber, Inc. have filed Chapter 11 petitions in the Northern District of Georgia.
From the Deal Watch Blog –
Brown Steel, based in Newnan, manufactures and fabricates structural and plate steel for commercial and industrial…
Southern Community Bank In Fayetteville Becomes 12th Georgia Bank Closed By Regulators
By Sunghee Sohn
Southern Community Bank, based in Fayetteville, Georgia, was closed by the Georgia Department of Banking and Finance and the FDIC on Friday. Its assets were taken over by United Community Bank. It is the 12th Georgia bank failure in…
Supreme Court To Hear Case About Discharge Of Student Loans In Chapter 13 Plan
By Sunghee Sohn
The United States Supreme Court agreed on Monday to decide whether an individual who owes on a student loan may wipe out a portion of the debt in a bankruptcy without showing that the debt posed an “undue hardship.” United…