Monthly Archives: May 2013

Proof of Claim: Itemization of Fees, Expenses, and Charges Means Itemization (or Else)

In re Jimenez, 487 B.R. 543 (Bankr. D. Colo. 2013) – A mortgage lender filed a proof of claim in a chapter 13 bankruptcy claiming total secured debt of $132,945.08, including $14,327.60 in prepetition expenses that were identified as $2,231.93 in late … Continue reading

Posted in Financing, Real Estate | Tagged , | Leave a comment

363 Sales: Watch It – A Good Faith Deposit May Not Be As Reliable For Protection As You Thought

The Brown Publ’g Co. Liquidating Trust v. Brown Media Corp. (In re Brown Publ’g Co.), 486 B.R. 46 (Bankr. E.D.N.Y. 2013) – A stalking horse (BMC) was the winning bidder in a section 363 bankruptcy sale.  After the sale to BMC failed … Continue reading

Posted in Bankruptcy Sales | Tagged | Leave a comment

Environmental Claims: The Best Laid Schemes of Mice and Men …

Route 21 Associates of Belleville, Inc. v. MHC, Inc., 46 B.R. 75 (S.D.N.Y. 2012 – A company (Route 21) bought property from the debtor (MHC) in the mid-1980s that turned out to be contaminated.  After the debtor filed bankruptcy in 2009, … Continue reading

Posted in Real Estate | Tagged , | Leave a comment