Savage & Associates, P.C. v. A.I. Credit Corp. (In Re Teligent, Inc.)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
OPINION GRANTING MOTION FOR SUMMARY JUDGMENT AND DENYING CROSS-MOTION TO PRECLUDE
STUART M. BERNSTEIN, Chief Judge.
The defendant in this preference action moved for summary judgment, contending that it was fully secured at the time of each transfer. The plaintiff opposed the motion and cross-moved to preclude the defendant from offering certain evidence. For the reasons that follow, the motion is granted and the cross-motion is denied.
BACKGROUND
A. The Transactions
At all relevant times, Teligent, Inc. and its affiliates (collectively, “Teligent”) were engaged in the business of providing…
2Cases cited17 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Annette Heyman v. Commerce and Industry Insurance CompanyCourt of Appeals for the Second Circuit · 1975
- Rodriguez v. City of New YorkCourt of Appeals for the Second Circuit · 1995
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