Dec
04
2020
Black & White Stripes, LLC, In re
Ruling:
Debtors' application to employ a bankruptcy counsel was denied because of the firm's prepetition representation of debtors' principals in a state court action. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 04,2020, LexisNexis #0121-052
Nov
05
2020
Synergy Pharms., Inc., In re
Ruling:
Application for professional fees and expenses was denied as the law firm lacked standing tofile the application. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on November 05,2020, LexisNexis #1220-088
Oct
30
2020
Frontier Communs. Corp., In re
Ruling:
Work to be performed by investment banker and financial advisor that debtor sought to retaindid not warrant a bonus above market compensation. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on October 30,2020, LexisNexis #1220-052
Nov
02
2020
SunEdison, Inc., In re--SunEdison Litig. Trust v. Seller Note, LLC
Ruling:
Two-step transfer with securities ultimately being placed with collateral agent was protectedby the safe harbor from fraudulent transfer proceedings. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on November 02,2020, LexisNexis #1220-066
Sep
29
2020
VP Williams Trans, LLC, In re
Ruling:
Creditor's election of secured status for claim based on security interest in debtor’s taximedallion was timely, effective and not waived. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on September 29,2020, LexisNexis #1120-045
Sep
21
2020
BICOM NY, LLC, In re--Jalbert v. Gryaznova
Ruling:
A woman seeking permanent residency was entitled to dismissal of an avoidance proceedingas she did not have knowledge, dominion and control on the funds debtor passed throughtheir joint account. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on September 21,2020, LexisNexis #1120-013
Sep
08
2020
Leary, In re--Leary v. Great Lakes Educ. Loan Servs.
Ruling:
Student loan servicer were warranted under 11 U.S.C. § 105 due to indifference to theproceeding which seriously prejudiced the debtor. (Bankr. S.D.N.Y.)
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Consumer case opionion summary, case decided on September 08,2020, LexisNexis #1020-050
Sep
04
2020
Avianca Holdings S.A., In re
Ruling:
Debtors' motion seeking entry of an order authorizing the rejection of contracts was granted inpart as both debtors and creditor had material unperformed obligations. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on September 04,2020, LexisNexis #1020-055
Aug
18
2020
Manolo Blahnik USA, Ltd, In re
Ruling:
Motion to dismiss involuntary case denied as at least one of the petitioning creditor's claimswas not subject to bona fide dispute. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on August 18,2020, LexisNexis #0920-076
Aug
11
2020
Motors Liquidation Co., In re
Ruling:
Motions to file late proofs of claim ten years after the bar date denied as plaintiffs failed toestablish excusable neglect. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on August 11,2020, LexisNexis #0920-075
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