Legal Opinion
Island Portfolio Services, LLC v. Frank E. Torres Rodriguez, et al.
District Court, D. Puerto Rico
Decided December 19, 2025No. 3:24-cv-01516Unknown
1Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF PUERTO RICO ISLAND PORTFOLIO SERVICES, LLC, Appellant, v. CIVIL NO. 24-1516 (JAG) FRANK E. TORRES RODRIGUEZ, et al., Appellees. MEMORANDUM AND ORDER GARCIA-GREGORY, D.J. Island Portfolio Services, LLC (“Island Portfolio” or “Appellant”) appeals the Bankruptcy Court’s Orders dated October 30, 2024, which held that Island Portfolio’s mortgage lien expired by operation of state law and that its claim is unsecured. See Bankruptcy Case No. 24-0428, Docket Nos. 90 and 91. After de novo review of the record, the Court agrees with the Bankruptcy…
2Cases cited10 opinions
- In Re Sonnax Industries, Inc., Debtor. Sonnax Industries, Inc. v. Tri Component Products Corp.Court of Appeals for the Second Circuit · 1990
- In Re Benjamin Pierce Simmons, Bankrupt. Benjamin Pierce Simmons v. J.T. SavellCourt of Appeals for the Fifth Circuit · 1985
- R.G. Financial Corp. v. Vergara-NuñezCourt of Appeals for the First Circuit · 2006
- In the Matter of Gerald Lewis Tarnow, Debtor. Appeal of Commodity Credit CorporationCourt of Appeals for the Seventh Circuit · 1984
- In the Matter of James A. Maddox, Debtors. Tower Loan of Mississippi, Inc. v. James A. Maddox, Jr., and Harold J. Barkley, Jr., TrusteeCourt of Appeals for the Fifth Circuit · 1994
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