Legal Opinion
B-3 Properties, LLC v. Lasco
District Court, N.D. Indiana
Decided September 19, 2014No. 2:14-cv-00128PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
PHILIP P. SIMON, Chief Judge.
When used properly, bankruptcy affords individuals and companies who are overwhelmed by debt a fresh start. When used improperly, however, the process can be used by debtors to improperly stall creditors from collecting their debts. Unfortunately, the latter case is before me today.
B-3 Properties, L.L.C., appeals the dismissal of its second bankruptcy attempt. In a nutshell, B-3 owns a single asset — a large piece of property in Hobart, Indiana — that it has been unable to sell during the pendency of each of its bankruptcies. David…
2Cases cited18 opinions
- Warth v. SeldinSupreme Court of the United States · 1975
- In Re Jonathan Barnes Leavitt, Debtor. Jonathan Barnes Leavitt v. Carlos SotoCourt of Appeals for the Ninth Circuit · 1999
- In Re: Robert E. Casse, Debtor Robert E. Casse, Debtor-Appellant v. Key Bank National Association, Creditor-AppelleeCourt of Appeals for the Second Circuit · 1999
- In Re Shirley Mae TOMLIN, Debtor. COLONIAL AUTO CENTER, Plaintiff-Appellee, v. Shirley Mae TOMLIN, Defendant-AppellantCourt of Appeals for the Fourth Circuit · 1997
- In Re Randy Arden Frieouf, Debtor. Randy Arden Frieouf v. United States of America Farm Credit Bank of WichitaCourt of Appeals for the Tenth Circuit · 1991
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3Cited by4 opinions
- In re GibasUnited States Bankruptcy Court, E.D. Wisconsin · 2016
- In re Kimball Hill, Inc., et al.United States Bankruptcy Court, N.D. Illinois · 2021
- Sabrina Fay LoftonUnited States Bankruptcy Court, N.D. Illinois · 2019
- UpRight Law v. GargulaDistrict Court, S.D. Illinois · 2021