New York

Voyager Digital Holdings, In re

Ruling: 
Objections that sale transaction would be illegal and that debtors would be unable to complete a proposed liquidation for regulatory reasons were rejected as there was no evidence or legal argument to support such contentions. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on March 11,2023, LexisNexis #0523-019

Maidan, In re

Ruling: 
Developer lacked standing to object to trustee’s motion to liquidate debtor’s interest in LLC as it was not a creditor and did not hold a membership or direct economic interest in the LLC. (Bankr. E.D.N.Y.)
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Consumer case opionion summary, case decided on February 23,2023, LexisNexis #0423-069

Revlon Inc., In re--IMCO CLO 10 Ltd. v. Revlon, Inc.

Ruling: 
Debtors' motion to dismiss all claims against them was granted as the creditors lacked standing to assert their claims for equitable relief. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on February 14,2023, LexisNexis #0423-029

Cortlandt Liquidating LLC, In re

Ruling: 
Lease rejection damages were properly calculated and statutory cap applied only to damages that were attributable to the fact that the term of the lease had come to an end. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on February 02,2023, LexisNexis #0423-010

Tihi Rest. Corp., In re

Ruling: 
Automatic stay lifted for landlord as the debtor had failed to pay post-petition rent for the property in an amount that exceeded the debtor's security deposit. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on February 03,2023, LexisNexis #0423-007

Times Square JV LLC, In re

Ruling: 
Preliminary injunction did not render the license agreement non-executory as it did not alter the parties' contractual rights and the outstanding obligations on both sides. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on February 04,2023, LexisNexis #0423-009

Orslini, In re--Long Island Invasive Surgery, P.C. v. Orslini

Ruling: 
Default judgment debt was nondischargeable as debtor's failure to turn over the proceeds ofinsurance checks to a surgical center constituted embezzlement. (Bankr. E.D.N.Y.)
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Commercial case opionion summary, case decided on January 30,2023, LexisNexis #0323-084

Mazloom, In re--Mazloom v. Navient Sols., LLC

Ruling: 
Private student loan was incurred to cover qualified education expenses of the debtor and soconstituted a nondischargeable debt. (Bankr. N.D.N.Y.)
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Consumer case opionion summary, case decided on January 26,2023, LexisNexis #0323-089

Avianca Holdings S.A., In re

Ruling: 
Foreign creditors sanctioned for violating the discharge injunction by failing to discontinuetheir foreign actions. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on January 27,2023, LexisNexis #0323-076

Avianca Holdings S.A., In re

Ruling: 
Creditor lease brokers were entitled to have the court compel the debtor to make timelypayment of certain post-petition amounts due. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on January 26,2023, LexisNexis #0323-081

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