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Okorie v. PriorityOne Bank – Court Dismisses Three Adversary Proceedings

The United States Bankruptcy Court for the Southern District of Mississippi dismissed three adversary proceedings filed by debtor Ikechukwu Hyginus Okorie against PriorityOne Bank, citing the doctrine of res judicata. The proceedings (Adv. Proc. Nos. 25-06008-KMS, 25-06013-KMS, and 24-06027-KMS) alleged wrongful foreclosure related to 908 W. Pine Street, Hattiesburg, Mississippi—claims substantially similar to those previously dismissed with prejudice in Adversary No. 23-06019-KMS. The court also denied Okorie's motion for leave to amend the complaint and PriorityOne's motion to reinstate the stayed proceeding.

Okorie v. Trustmark National Bank - Summary Judgment Granted

The United States Bankruptcy Court for the Southern District of Mississippi granted Trustmark National Bank's motion for summary judgment, determining that Trustmark is entitled to a judgment of nondischargeability as a matter of law under 11 U.S.C. § 523(a)(6) for willful and malicious injury. The court also denied Okorie's competing motion for summary judgment. The case arose from Okorie's sale of medical equipment—including an x-ray machine—that secured Trustmark's loan to Inland Family Practice Center, LLC, without Trustmark's knowledge or consent. Trustmark sought a nondischargeable debt of $120,228.73 plus fees and costs.

Magee v. Exeter Finance LLC - Lien Release Under FRBP 5009(d)

Judge Katharine M. Samson of the U.S. Bankruptcy Court for the Southern District of Mississippi ordered the release of Exeter Finance LLC's lien on a 2017 Nissan Maxima owned by debtor Kaneisha L. Magee upon completion of her Chapter 13 plan. Exeter had argued that the lien could not be released because Magee was ineligible for a discharge under 11 U.S.C. § 1328(f)(1) and had not paid the debt in full under state law. The Court rejected both arguments, finding that Federal Rule of Bankruptcy Procedure 5009(d) and 11 U.S.C. § 1325(a)(5)(A) authorized lien release upon satisfaction of the confirmed plan, and that Exeter's claim was paid in full ($25,188.80 at the Till rate).