Messer v. Bentley Manhattan, Inc. (In re Madison Bentley Associates, LLC)

MEMORANDUM OPINION

LEWIS A. KAPLAN, District Judge.

Before the Court are cross-motions for summary judgment in an adversary proceeding filed in the Bankruptcy Court. The trustee and the defendants cross-moved for summary judgment on the trustee’s claims (1) for a declaration that defendants Bentley Manhattan and Manhattan Motorcars are alter egos of the debtor corporation1 and that their property therefore is vested with the estate under Sections 541 and 542(a) of the Bankruptcy Code and (2) to recover the full value of defendants’ exercise of debtor’s rights under a lease on the ground that…