- 11 U.S.C.
Nestor, In re--Greenspan Co./Adjusters Int’l v. Nestor
Jun
24
2025
Ruling
Arbitration award against debtor was voided because it was entered after bankruptcy filing in violation of the stay. (Bankr. S.D.N.Y.)
Issue(s)
Automatic Stay.
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- 11 U.S.C.
Mega Newco, In re
Feb
24
2025
Ruling
English proceeding recognized as a "foreign main proceeding" because debtor's registered office is in London, and there was no contrary evidence that its center of main operations is located outside the United Kingdom. (Bankr. S.D.N.Y.)
Issue(s)
Order Granting Recognition; Requirements; Foreign Main or Nonmain Proceeding.
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IIG Global Trade Fin. Fund Ltd., In re--IIG Global Trade Fin. Fund Ltd. v. Int’l Inv. Grp
Nov
08
2024
Ruling
Safe harbor for transfers in connection with a securities transaction did not attach to claims based on state law that had no relation to bankruptcy law. (Bankr. S.D.N.Y.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.
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Jacobs, In re--J-K Apparel Sales Co. v. Jacobs
Jul
29
2024
Ruling
Evidence was not sufficient to prove debt was excepted from discharge as debtor may havebeen wrong in thinking he was having his expenses paid from "profit splits" instead of fromfunds that belonged to plaintiffs. (Bankr. S.D.N.Y.)
Issue(s)
Exceptions to Discharge; Types of Debt Excepted.
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SAS Ab, In re
Jul
22
2024
Ruling
Timely rejection of prepetition aircraft leases allowed as creditors’ objections were notapplicable. (Bankr. S.D.N.Y.)
Issue(s)
Executory Contracts and Unexpired Leases; When Rejection Constitutes Breach.
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Mercon Coffee Corp., In re
Jul
19
2024
Ruling
Court approved minor delay in cancellation of equity interests under cramdown plan, butrejected non-compliant insider releases. (Bankr. S.D.N.Y.)
Issue(s)
Confirmation of Plan; Cramdown.
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:
- 11 U.S.C.
SAS AB, In re
May
31
2024
Ruling
Debtors prevailed in disallowing claims due to claimants' failure to show likelihood of futureevents giving rise to enforceable claims. (Bankr. S.D.N.Y.)
Issue(s)
Allowance of Claims or Interests.
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Court
:
- 11 U.S.C.
Hudson 888 Owner LLC, In re
Mar
15
2024
Ruling
Bankruptcy filings were properly authorized and there was no basis for dismissal on thegrounds of bad faith. (Bankr. S.D.N.Y.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal; When Required.
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Hudson 888 Owner LLC, In re
Mar
15
2024
Ruling
Court found no basis for dismissal on the grounds of bad faith as the debtor generatedsignificant cash flow in 2022 and 2023 and sought to generate additional cash flow fromcondominium sales. (Bankr. S.D.N.Y.)
Issue(s)
Conversion or Dismissal; Involuntary Conversion or Dismissal.
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:
- 11 U.S.C.
6525 Belcrest Rd., LLC, In re
Dec
07
2023
Ruling
Creditor was entitled to file a proof of claim for damages caused by the rejection of a groundlease as an assignor arguably remained liable on a contract following an assignment.(Bankr. S.D.N.Y.)
Issue(s)
Allowance of Claims or Interests; Disallowance; Lessor’s Claim for Damages.
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