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Ebury St. Cap., LLC, In re--Emigrant Bus. Credit Corp. v. Hanratty

Ebury St. Cap., LLC, In re--Emigrant Bus. Credit Corp. v. Hanratty

Ruling
Mandatory abstention was required as the removed state court action was a non-core proceeding, not arising under Title 11 or arising in a bankruptcy case, as the claims were based on state law and existed independently before the bankruptcy filing. (Bankr. S.D.N.Y.)
Issue(s)
Bankruptcy Cases and Proceedings; Abstention; Mandatory Abstention.

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Commercial opinion summary, case decided on November 01, 2024 , LexisNexis #0125-071