Legal Opinion

Residential Funding Co. v. Greenpoint Mortgage Funding, Inc. (In re Residential Capital, LLC)

District Court, S.D. New York

Decided September 24, 2014No. Bankruptcy No. 12-12020 (MG); Adversary No. 14-1916 (MG); Nos. 13-cv-8937 (PKC), 14-cv-5452 (PKC)PublishedCited by 10 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

CASTEL, District Judge.

Defendant Greenpoint Mortgage Funding, Inc. (“Greenpoint”) moves to withdraw the reference to the bankruptcy court in this breach of contract action brought by plaintiff Residential Funding Co., LLC (“RFC”). For the following reasons, the Court holds that the bankruptcy court has jurisdiction over the action, that the action is non-core, and that Greenpoint’s motion will be denied.

BACKGROUND

RFC is a limited liability company with its principal place of business in Minneapolis, Minnesota. Prior to its insolvency, RFC was in the business of acquiring…

2Cases cited19 opinions

  1. Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
  2. Stern v. MarshallSupreme Court of the United States · 2011
  3. Travelers Indemnity Co. v. BaileySupreme Court of the United States · 2009
  4. In Re Orion Pictures Corporation, Debtor, Orion Pictures Corporation v. Showtime Networks, Inc., Formerly Known as Showtime/the Movie Channel, Inc.Court of Appeals for the Second Circuit · 1993
  5. Executive Benefits Insurance Agency v. ArkisonSupreme Court of the United States · 2014

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3Cited by10 opinions

  1. Drennen v. Certain Underwriters at Lloyd's of London (In re Residential Capital, LLC)United States Bankruptcy Court, S.D. New York · 2016
  2. In re B.C.I. Finances Pty Ltd.United States Bankruptcy Court, S.D. New York · 2018
  3. Rescap Liquidating Trust v. PHH Mortgage Corp.District Court, S.D. New York · 2014
  4. In re Motors Liquidation Co.District Court, S.D. New York · 2015
  5. Smelcer v. Citizens Bank (In re Hart Oil & Gas, Inc.)United States Bankruptcy Court, D. New Mexico · 2015

5 more not listed; retrieve them via the Exa API.

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