Southern District

Celsius Network LLC, In re

Ruling: 
Discrete changes to debtor’s plan that resulted in better distributions to creditors approved.(Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 27,2023, LexisNexis #0224-070

RML, LLC, In re

Ruling: 
Personal injury claimants were not entitled to file late claims absent showing excusableneglect. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 20,2023, LexisNexis #0224-075

Portofindough LLC, In re

Ruling: 
Automatic stay did not apply to the lease that was terminated pre-petition by the expiration ofits stated term. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 22,2023, LexisNexis #0224-053

Matlinpatterson Glob. Opportunities Partners II L.P., In re

Ruling: 
Bankruptcy court found that the unresolved portions of the creditor's claim were disallowedand expunged as he did not satisfy the indemnity agreement's requirement ofcontemporaneous notification to a debtor entity of any claims against the creditor. (Bankr.S.D.N.Y.)
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Commercial case opionion summary, case decided on December 21,2023, LexisNexis #0224-057

Drummon, In re--City of Atl. City v. Drummon

Ruling: 
Debtor's decision to take the Fifth Amendment was neither irregular nor indicative of hisinvolvement in the scheme alleged by the creditor. (Bankr. S.D.N.Y.)
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Consumer case opionion summary, case decided on November 30,2023, LexisNexis #0224-014

Ascentra Holdings, Inc., In re

Ruling: 
Creditor group had standing to seek termination of a restraint on certain funds andtermination of the recognition of a foreign proceeding. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 05,2023, LexisNexis #0224-020

Hal Luftig Co., In re

Ruling: 
Plan confirmed and nonconsensual third party releases approved as within the court’s subjectmatter jurisdiction. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on November 22,2023, LexisNexis #0124-094

Ascentra Holdings, Inc., In re

Ruling: 
Foreign representative of debtor was not entitled to the denial of requested discovery as theparties' motions and oppositions gave rise to contested matters that triggered discovery rights.(Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 05,2023, LexisNexis #0124-098

Zhang Med. P.C., In re

Ruling: 
Debtor with noncontingent liquidated debts in excess of $7.5 million was ineligible to proceedas a small business debtor. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on November 30,2023, LexisNexis #0124-089

6525 Belcrest Rd., LLC, In re

Ruling: 
Creditor was entitled to file a proof of claim for damages caused by the rejection of a groundlease as an assignor arguably remained liable on a contract following an assignment.(Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 07,2023, LexisNexis #0124-079

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