The Court closed the case. Approximately a month after closure, a first notice of settlement was filed in state court and the second notice of settlement occurred approximately eight months later. Debtor settled for $430,000. Trustee initiated an adversary proceeding approximately 3 years after case closure requesting that debtor turn over the proceeds. The bankruptcy court concluded that the information to trustee was not misleading and that the debtor did not have an ongoing duty to advise trustee of the developments in the lawsuit. BAP affirmed. In Cusano, debtor in a chapter 11 case scheduled personal property as follows: “songrights in ... Songs written while in the band known as ‘KISS,’ ” whic 1995); Vreugdenhill v. Navistar Int’l Transp. Corp., 950 F.2d 524, 526 (8th Cir.1991) (<HOLDING>). “[T]he debtor has a duty to prepare schedules
holding that the debtor could retain exempt property because it was not property of the estate holding that the debtor lacked standing to bring a claim against the internal revenue service for the improper assessment of a tax deficiency because the cause of action was the property of the estate and had not been abandoned to the debtor holding that bankruptcy court is without jurisdiction to control disposition of chapter 13 debtors property that is not property of the bankruptcy estate unless the property is related to the bankruptcy proceedings of the code holding that property is not abandoned by operation of law unless the debtor formally scheduled the property before the close of the case holding that a debtor must formally schedule the property before the close of the case in order for such property to be abandoned pursuant to section 554c