Jan
05
2023
Hal Luftig Co., In re--Hal Luftig Co. v. FCP Ent. Partners, LLC
Ruling:
Automatic stay extended to debtor company’s nondebtor CEO as debtor’s obligation toindemnify the CEO for a judgment would result in adverse economic consequences to theestate. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on January 05,2023, LexisNexis #0323-002
Jan
04
2023
Celsius Network LLC, In re
Ruling:
Stablecoin cryptocurrency was property of the estate and could be sold by debtors outside ofthe ordinary course of business to provide liquidity. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on January 04,2023, LexisNexis #0323-006
Dec
08
2022
Certain Claims & Noticing Agents' Receipt of Fees, In re
Ruling:
Email addresses of federal judges, senior government officials, and court personnel wereentitled to protection as the corporation's position showed a complete lack of discretion anddisregard for the safety of judges. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 08,2022, LexisNexis #0223-017
Dec
05
2022
Global Cord Blood Corp., In re
Ruling:
Liquidator's petition to have a Cayman Proceeding recognized under Chapter 15 was denied.(Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 05,2022, LexisNexis #0223-019
Dec
09
2022
Roman Catholic Diocese of Rockville Ctr., In re
Ruling:
Court authorized debtor to opt-in to treatment as a Participating Chartered Organization underthe Chapter 11 plan as a reasonable and appropriate use of property outside of the ordinarycourse of business. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on December 09,2022, LexisNexis #0223-025
Dec
05
2022
Williams, In re
Ruling:
Debtor did take the required steps to be entitled to a stay of enforcement of a judgment forpossession. (Bankr. S.D.N.Y.)
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Consumer case opionion summary, case decided on December 05,2022, LexisNexis #0223-004
Nov
18
2022
Securities Inv. Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC
Ruling:
Dismissal of trustee's suit to recover subsequent transfers consisting of debtor's customers'property was not warranted as the complaint sufficiently alleged personal jurisdiction. (Bankr.S.D.N.Y.)
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Commercial case opionion summary, case decided on November 18,2022, LexisNexis #0123-093
Nov
03
2022
Andrade Gutierrez Engenharia S.A., In re
Ruling:
Foreign representative met its burden for a preliminary injunction as the risk of an attachmentconstituted imminent harm. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on November 03,2022, LexisNexis #0123-023
Oct
24
2022
Celsius Network LLC, In re
Ruling:
Appointment of an Official Preferred Equity Committee was inappropriate as the equityholders were adequately represented by already existing stakeholders and did not needadditional representation. (Bankr. S.D.N.Y.)
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Commercial case opionion summary, case decided on October 24,2022, LexisNexis #1222-090
Oct
17
2022
SAS AB, In re
Ruling:
Payment of bank for prepetition services to debtor did not disqualify it from serving as coinvestment banker to debtor in possession. (Bankr. S.D.N.Y.)
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Consumer case opionion summary, case decided on October 17,2022, LexisNexis #1222-091
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