Legal Opinion

In re National Promoters & Services, Inc.

United States Bankruptcy Court, D. Puerto Rico

Decided September 9, 2013No. 12-01076 (ESL)PublishedCited by 11 opinions

1Opinion of the Court

OPINION AND ORDER

ENRIQUE S. LAMOUTTE, Bankruptcy Judge.

This case is before the court upon the Debtor’s Motion to Set Aside Order Prohibiting the Use of Cash Collateral and to Show Cause (the “Motion for Reconsideration ”, Docket No. 186). The main controversy hinges on whether creditor LSREF2 Island Holdings Ltd. (“Island Holdings”) has a valid lien over the Debtor’s rent proceeds. For the reasons stated below, the court determines that a valid lien was properly constituted over the Debtor’s rent proceeds in favor of Island Holdings. Consequently, the Debtor’s Motion for Reconsideration is…

2Cases cited31 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Travelers Casualty & Surety Co. of America v. Pacific Gas & Electric Co.Supreme Court of the United States · 2007
  3. Soto-Rios v. Banco Popular De Puerto RicoCourt of Appeals for the First Circuit · 2011
  4. Corporación Pública para la Supervisión v. González LópezSupreme Court of Puerto Rico · 2010
  5. Wolters Village, Ltd. v. Village Properties, Ltd.Court of Appeals for the Fifth Circuit · 1984

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

3Cited by11 opinions

  1. In re Manuel Mediavilla, Inc.United States Bankruptcy Court, D. Puerto Rico · 2014
  2. Wiscovitch-Rentas v. Banco Popular De Puerto Rico (In re Rivera)Bankruptcy Appellate Panel of the First Circuit · 2019
  3. Fin. Oversight & Mgmt. Bd. for Puerto Rico v. Andalusian Global Designated Activity Co. (In re Fin. Oversight & Mgmt. Bd. for Puerto Rico)United States District Court · 2019
  4. In re Builders Group & Development Corp.United States Bankruptcy Court, D. Puerto Rico · 2013
  5. Gutierrez v. Popular Auto, Inc. (In re Gutierrez)United States Bankruptcy Court, D. Puerto Rico · 2015

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API