Judge Carey

Konar v. New Century Trs Holdings Inc. (In re New Century Holdings Inc.)

Ruling: 
Unknown creditor's late-filed claim disallowed due to adequate notice.
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Commercial case opionion summary, case decided on May 23,2014, LexisNexis #0614-105

In re New Century TRS Holdings Inc.

Ruling: 
Wrongful foreclosure claim filed four years after bar date disallowed.
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Commercial case opionion summary, case decided on March 12,2014, LexisNexis #0414-034

Silva v. New Century TRS Holdings Inc. (In re New Century TRS Holdings Inc.)

Ruling: 
Late filed claim by "unknown creditor" disallowed.
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Commercial case opionion summary, case decided on March 07,2014, LexisNexis #0614-070

In re New Century TRS Holdings Inc.

Ruling: 
Borrower was an "unknown" creditor whose late proof of claim based on the Truth in Lending Act and Real Estate Settlement Procedures Act had to be denied absent excusable neglect.
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Commercial case opionion summary, case decided on March 04,2014, LexisNexis #0314-137

Carr v. JP Morgan Chase Bank N.A. (In re New Century TRS Holdings Inc.)

Ruling: 
Creditor lacked standing to bring postconfirmation claim for stay violation.
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Commercial case opionion summary, case decided on February 03,2014, LexisNexis #0214-136

In re New Country TRS Holdings Inc.

Ruling: 
Creditor whose claim had been settled and released lacked standing to seek accounting.
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Commercial case opionion summary, case decided on September 30,2013, LexisNexis #1013-095

In re New Century TRS Holdings Inc.

Ruling: 
Publication in one national and one local newspaper provided sufficient notice of bar date to unknown creditors.
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Commercial case opionion summary, case decided on August 30,2013, LexisNexis #0913-139

In re School Specialty Inc.

Creditor claimed it was due a "make whole" payment under its agreement with the debtor. The Official Committee of Unsecured Creditors (the Committee) filed a motion to disallow the payment.
Ruling: 
"Make whole" payment to creditor allowed as reasonable over objection of official committee of unsecured creditors.
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Commercial case opionion summary, case decided on April 22,2013, LexisNexis #0613-012

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