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Genesis Global Holdco, LLC, In re

Ruling
Court approved settlement agreement as it was fair, equitable, and in the best interests of theestate. (Bankr. S.D.N.Y.)
Issue(s)
Compromise and Arbitration.

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Commercial opinion summary, case decided on October 06, 2023 , LexisNexis #1223-049

Genesis Glob. Holdco, LLC, In re

Ruling
Debtors' customer lists constituted confidential commercial information and its release woulddecrease the amount that would be realized from the estate's potential sale. (Bankr. S.D.N.Y.)
Issue(s)
Public Access to Papers.

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Commercial opinion summary, case decided on August 04, 2023 , LexisNexis #1023-002

Reyes, In re

Ruling
Motion to unseal was granted as the material contained in the pleadings was a straightforward recitation of the facts underlying the actions taken by counsel to debtors with respect to the escrowing of funds in debtors' cases. (Bankr. S.D.N.Y.)
Issue(s)
Public Access to Papers.

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Consumer opinion summary, case decided on April 28, 2023 , LexisNexis #0623-078

45 John Lofts, LLC, In re--45 John Lofts, LLC v. Meridian Cap. Grp. LLC

Ruling
Debtor could recover a transfer as an intentional fraudulent conveyance as the transfer was made with actual intent to hinder, delay, or defraud. (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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Commercial opinion summary, case decided on April 14, 2023 , LexisNexis #0623-037

Firestar Diamond, Inc., In re

Ruling
Pledges of accounts receivable were transfers subject to disallowance. (Bankr. S.D.N.Y.)
Issue(s)
Allowance of Claims or Interests; Disallowance of Claims for Recoverable Property and

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Commercial opinion summary, case decided on September 01, 2022 , LexisNexis #1122-009

Madison Square Boys & Girls Club, Inc., In re

Ruling
Retention of claims agent was not warranted to the extent that the claims agent sought to becompensated by a third party for synchronization services using data the claims agent wouldobtain as part of its duties. (Bankr. S.D.N.Y.)
Issue(s)
Staff; Expenses; Facilities and Services.

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Commercial opinion summary, case decided on August 18, 2022 , LexisNexis #1022-064

HBL SNF, LLC, In re

Ruling
Extension of time to file a plan was appropriate where the central issue of debtor’s lease withlandlord remained unresolved. (Bankr. S.D.N.Y.)
Issue(s)
Filing of the plan.

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Commercial opinion summary, case decided on February 01, 2022 , LexisNexis #0322-072

AMR Corp., In re

Ruling
Reconsideration motion denied as the former pilot did not meet the burden necessary forreconsideration of either the estimation order or the court's underlying estimation decision.(Bankr. S.D.N.Y.)
Issue(s)
Time for Filing Notice of Appeal; Effect of Motion on Time to Appeal; In General.

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Consumer opinion summary, case decided on October 28, 2021 , LexisNexis #1221-073

Santoli, In re

Ruling
Motion to void a bank lien was denied as an adversary proceeding was required. (Bankr.S.D.N.Y.)
Issue(s)
Determination of Secured Status; Liens Securing Disallowed Claims Void.

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Consumer opinion summary, case decided on September 21, 2021 , LexisNexis #1121-032

Islamic Bank

Ruling
Official committee of unsecured creditors was entitled to turnover of funds that debtorinvested with foreign banks that were not entitled to setoff of those funds against debts owedto them by debtor. (Bankr. S.D.N.Y.)
Issue(s)
Turnover of Property to the Estate; Payment of Matured Debts to Trustee.

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Commercial opinion summary, case decided on April 23, 2021 , LexisNexis #0621-014