Madoff, In re--Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC
Jul
27
2018
Ruling
Court sustained trustee's determination of the claims at zero as the claimant waived anyobjection to the treatment of "PW" transactions in the LLC's accounts as cash withdrawals.(Bankr. S.D.N.Y.)
Issue(s)
Use, Sale, or Lease of Property; Protection for Good Faith Purchasers.
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Court
:
- 11 U.S.C.
Al-Akwaa, In re--Al-Hamdani v. Al-Akwaa
May
30
2018
Ruling
Motion seeking a declaration that the dowry is nondischargeable was denied where dowrywas contracted as part of a post-nuptial agreement made in contemplation of separation.(Bankr. S.D.N.Y.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted; Debts in Connection with Divorce or Separation.
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:
Bronx Miracle Gospel Tabernacle Word of Faith Ministries, In re
May
23
2018
Ruling
Trustee's motion to dismiss debtor's case was granted where debtor's monthly operating reports show that debtor had sustained additional losses since it declared bankruptcy. (Bankr. S.D.N.Y.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.
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:
Bernard L. Madoff Inv. Secs. LLC, In re--Picard v. Magnify Inc.
Apr
13
2018
Ruling
Motion to dismiss was denied where defendants received transfers from debtor with acualknowledge that debtor was not trading securities and in bad faith. (Bankr. S.D.N.Y.)
Issue(s)
Fraudulent Transfers and Obligations; Validity of Transfers to Good Faith Purchasers for Value.
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Watkins, In re
Jan
09
2018
Ruling
Automatic stay was lifted as to the creditor's duly perfected security interest in debtor'svehicle as there was evidence that he lacked adequate protection. (Bankr. S.D.N.Y.)
Issue(s)
Automatic Stay; Relief from Stay.
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:
Gawker Media LLC, In re
Dec
12
2017
Ruling
Court's sale order did not bar plaintiffs from prosecuting post-sale claims. (Bankr. S.D.N.Y.)
Issue(s)
Use, Sale, or Lease of Property; When Property May Be Sold Free and Clear of Any Interest.
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Court
:
- 11 U.S.C.
Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Sec. LLC, In re
Dec
06
2017
Ruling
Trustee allowed to recover value of transfers to defendants as they were the initial transferees of the amount in question and not mere conduits. (Bankr. S.D.N.Y.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers; Actual Intent to Hinder, Delay, or Defraud.
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Court
:
- 11 U.S.C.
Placeres, In re--Borges v. Placeres
Dec
06
2017
Ruling
Debtor's discharge denied after omitting his own legal malpractice claim against the attorney who represented him from his schedules. (Bankr. S.D.N.Y.)
Issue(s)
Discharge; Grounds for Denial; Fraud; False Oath or Account by Debtor.
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Court
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SunEdison, Inc., In re
Nov
08
2017
Ruling
Court could not approve broad third-party release as it could not bind the non-voting releasors in its present form. (Bankr. S.D.N.Y.)
Issue(s)
Effect of Discharge; Supplemental Injunctions in Chapter 11 Proceedings.
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Sec. Investor Prot. Corp. v. Bernard L. Madoff Inv. Secs. LLC
Oct
17
2017
Ruling
Trustee's motion to compel discovery was granted in part as the documents at issue were relevant to luquidating trustee's adversary proceeding to avoid and recover fictitious profits. (Bankr. S.D.N.Y.)
Issue(s)
General Provisions Governing Discovery.
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