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Hal Luftig Co., In re

Ruling
Extension of stay to debtor’s non-debtor sole shareholder for life of five-year plan satisfied the "unusual circumstance" test as enforcing the judgment against him would adversely impact the debtor's reorganization efforts. (Bankr. S.D.N.Y.)
Issue(s)
Automatic Stay; Duration; All Other Acts.

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Commercial opinion summary, case decided on February 24, 2025 , LexisNexis #0425-082

Grupo Aeromexico, In re--Invictus Glob. Mgmt., LLC v. Monomoy Cap. Partners LLC

Ruling
Exculpatory clause in Chapter 11 plan did not bar state law action. (Bankr. S.D.N.Y.)
Issue(s)
Bankruptcy Cases and Proceedings.

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Commercial opinion summary, case decided on September 22, 2023 , LexisNexis #1123-099

Eletson Holdings, Inc., In re

Ruling
Court exercised its discretion to require the involuntary debtors to file a list of creditors prior to dismissing the case to afford petitioning creditors the opportunity to cure the petition. (Bankr. S.D.N.Y.)
Issue(s)
Involuntary Cases; Commencement.

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Commercial opinion summary, case decided on June 08, 2023 , LexisNexis #0823-002