Skip to main content

Page Banner(Taxonomy)

judge bentley

Global Fertility & Genetics, In re

Ruling
Plan of reorganization satisfied § 1129(b)'s fair and equitable requirement because, when the debtor was valued on a standalone basis, its equity had no value. (Bankr. S.D.N.Y.)
Issue(s)
Confirmation of Plan; Cramdown; Fairness and Equity; Classes.

ABI Membership is required to access the full summary of Global Fertility & Genetics, In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on September 07, 2024 , LexisNexis #1124-068

Sunac China Holdings Ltd., In re

Ruling
Debtor's motion for recognition of Hong Kong proceeding as a foreign main proceeding wasgranted as Hong Kong was and had always been the primary locus of debtor's businessactivities and decision-making. (Bankr. S.D.N.Y.)
Issue(s)
Order Granting Recognition; Requirements; Foreign Main or Nonmain Proceeding.

ABI Membership is required to access the full summary of Sunac China Holdings Ltd., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on January 30, 2024 , LexisNexis #0324-071

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.)
Issue(s)
Definitions; Debtor; Persons Included.

ABI Membership is required to access the full summary of Zhang Med. P.C., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on November 30, 2023 , LexisNexis #0124-089

Golden Seahorse LLC, In re

Ruling
Debtor had to pay default interest to the extent provided by its agreement and permitted bynon-bankruptcy law in order to reinstate its defaulted debt. (Bankr. S.D.N.Y.)
Issue(s)
Impairment of Claims or Interests; When Default Rights Are Not Impaired.

ABI Membership is required to access the full summary of Golden Seahorse LLC, In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on July 31, 2023 , LexisNexis #0923-093