Legal Opinion

In re Pearlman

United States Bankruptcy Court, M.D. Florida

Decided January 10, 2012No. Nos. 6:07-bk-00761-KSJ, 6:07-bk-00762-KSJ, 6:07-bk-00832-KSJ, 6:07-bk-01504-KSJ, 6:07-bk-01505-KSJ, 6:07-bk-01779-KSJ, 6:07-bk-01856-KSJ, 6:07-bk-02431-KSJ, 6:07-bk-02432-KSJ, 6:07-bk-04160-KSJ, 6:07-bk-04161-KSJPublishedCited by 13 opinions

1Opinion of the Court

MEMORANDUM OPINION DENYING MOTION FOR SUBSTANTIVE CONSOLIDATION OF NON-DEBTOR ENTITIES

KAREN S. JENNEMANN, Chief Judge.

Louis J. Pearlman and ten Pearlman-related entities are the debtors in these related cases which are both jointly administered and substantively consolidated. Several parties now seek to add numerous non-debtor entities to the cases relying on the legal theory of substantive consolidation. Because neither the Bankruptcy Code1 nor any other legal authority allows for the substantive consolidation of non-debtor entities with bankrupt parties, the Court will deny the request.

Sonee…

2Cases cited28 opinions

  1. Molinos Valle Del Cibao, C. Por A. v. LamaCourt of Appeals for the Eleventh Circuit · 2011
  2. Dania Jai-Alai Palace, Inc. v. SykesSupreme Court of Florida · 1984
  3. Anderson v. AbbottSupreme Court of the United States · 1944
  4. In re Owens CorningCourt of Appeals for the Third Circuit · 2005
  5. Mobil Oil Corporation v. Linear Films, Inc.District Court, D. Delaware · 1989

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3Cited by13 opinions

  1. Gierum v. Glick (In re Glick)United States Bankruptcy Court, N.D. Illinois · 2017
  2. Butler v. Candlewood Road Partners, LLC (In re Raymond)United States Bankruptcy Court, D. Massachusetts · 2015
  3. Bakst v. Smokemist, Inc. (In re Gladstone)United States Bankruptcy Court, S.D. Florida. · 2014
  4. Stillwater Liquidating LLC v. Net Five at Palm Pointe, LLC (In re Stillwater Asset Backed Offshore Fund Ltd.)United States Bankruptcy Court, S.D. New York · 2016
  5. Spence v. Hintze (In re Hintze)United States Bankruptcy Court, N.D. Florida · 2017

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