New York

Bicomny, LLC, In re--Jalbert v. Flom

Ruling: 
Transfers by debtors owned by LLC to an owner of the LLC while insolvent and withoutconsideration were avoidable. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on August 05,2021, LexisNexis #0921-091

Hopper, In re

Ruling: 
Motion to strip off a junior mortgage lien on the debtor's residence was granted as debtor nolonger had personal liability as the result of a prior Chapter 7 discharge. (Bankr. E.D.N.Y.)
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Consumer case opionion summary, case decided on August 05,2021, LexisNexis #0921-099

Purdue Pharma L.P., In re

Ruling: 
Names of current business counterparties and investment advisors to family members whoowned debtor or their businesses were not subject to the "confidential commercialinformation" exception to the disclosure mandate. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on August 09,2021, LexisNexis #0921-076

Sun Prop. Consultants, Inc., In re--Raj & Raj Realty, Ltd. v. Difficile Realty Corp.

Ruling: 
Defendant's sanctions motion was granted in part because counsel should have made a morethorough review of the record and procedural history of the bankruptcy case filed in theadversary proceeding before he stepped in as new counsel. (Bankr. E.D.N.Y.)
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Commercial case opionion summary, case decided on August 02,2021, LexisNexis #0921-075

Securities Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC

Ruling: 
Trustee in SIPA liquidation litigation could avoid and recover fictitious profits received bydefendant as a result of Ponzi scheme investment from defendant’s IRA. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on July 02,2021, LexisNexis #0821-067

Culligan Ltd., In re

Ruling: 
Debtor's Chapter 13 case was dismissed with cause due to debtor's failure to propose a feasibleplan, make plan payments, and file his tax returns. (B.A.P. 9th Cir.)
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Court: ( ) [ Bankruptcy Court ]
Consumer case opionion summary, case decided on June 29,2021, LexisNexis #0821-070

Ditech Holding Corp., In re

Ruling: 
Claim was disallowed and expunged as time-barred since claimant filed it approximately oneyear after the bar date expired and had not demonstrated excusable neglect in failing to timelyfile the claim. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on June 25,2021, LexisNexis #0821-031

KG Winddown, LLC, In re

Ruling: 
Dismissal was warranted as the debtors had sold substantially all of their assets, had nofurther operations, and had insufficient resources to fund a plan. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on June 09,2021, LexisNexis #0721-092

Banfi, In re

Ruling: 
Reconsideration of order permitting avoidance of lien was warranted due to the SecondCircuit’s clarification of the term "residence." (Bankr. E.D.N.Y.)
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Consumer case opionion summary, case decided on June 09,2021, LexisNexis #0721-083

Mines, In re--Miner v. Mines

Ruling: 
Claim was dischargeable as debtor's alleged misrepresentation violated the Virginia RetailFranchising Act. (Bankr. E.D.N.Y.)
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Consumer case opionion summary, case decided on June 03,2021, LexisNexis #0721-057

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