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Judge Timothy J. Mahoney (Retired)

Michael Maidy, Trustee v. Am. Directional Boring, Inc. (In re Adesta Commc'ns, Inc.), Ch. 11, BK01-83236, A03-8102 (May 2, 2005)

The court denied summary judgment in an action to recover alleged preferential payments made to a vendor. Issues of material fact existed as to the statutory "subsequent new value" and "ordinary course of business" defenses asserted by the vendor.

Steven Edward VerMaas & Jennifer Doreen VerMaas v. Student Loans of North Dakota (In re VerMaas), Ch. 7, BK00-80310, A00-8079 (Dec. 3, 2003)

Published at 302 B.R. 650. The debtors' student loans were not discharged. Household expenses could be reduced and income could be increased to provide funds to pay toward the wife's student loans. In addition, the husband hadn't exhausted administrative remedies as to his loan.

Michael Jacobson v. Farm Credit Services of America (In re Myron & Virginia Jacobson), A01-8048, BK84-82119, Ch. 11

Confirmed plan provided for insurance proceeds held by creditor to be applied "as agreed by the parties." Parties couldn't agree. Court found that any rights creditor had to the funds as security for its debt ended when debt was paid in full under plan

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