Legal Opinion
RNPM, LLC ex rel. Operating Partners Co. v. Alvarez (In re Alvarez)
Bankruptcy Appellate Panel of the First Circuit
Decided June 28, 2012No. BAP No. 11-080; Bankruptcy No. 10-07374-ESLPublishedCited by 10 opinions
1Opinion of the Court
BAILEY, Bankruptcy Judge.
RNPM, LLC, by and through Operating Partners Co., LLC (“RNPM”), appeals from the bankruptcy court’s order reducing its claim for attorney’s fees imposed under its mortgage’s “penalty clause,” as that term is used in Puerto Rico law, against the debtor, Virgen P. Mercado Alvarez (“the Debtor”), on account of her default under the terms of the Note, defined below. For the reasons set forth below, the Panel AFFIRMS.
BACKGROUND
On November 7, 2003, the Debtor executed a note in favor of R & G Mortgage Corporation (“R & G”) in the original principal amount of $76,000.00…
2Cases cited12 opinions
- Fleet Data Processing Corp. v. Branch (In Re Bank of New England Corp.)Bankruptcy Appellate Panel of the First Circuit · 1998
- Boylan v. George E. Bumpus, Jr. Construction Co. (In Re George E. Bumpus, Jr. Construction Co.)Bankruptcy Appellate Panel of the First Circuit · 1998
- Kowalski v. GagneCourt of Appeals for the First Circuit · 1990
- Lessard v. Wilton-Lyndeborough Cooperative School DistrictCourt of Appeals for the First Circuit · 2010
- Neal Mitchell Associates v. Braunstein (In Re Lambeth Corp.)Bankruptcy Appellate Panel of the First Circuit · 1998
7 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Rojas-Buscaglia v. Taburno-VasarhelyiCourt of Appeals for the First Circuit · 2018
- Belser v. Nationstar Mortgage, LLC (In re Belser)Bankruptcy Appellate Panel of the First Circuit · 2015
- Rojas-Buscaglia v. Taburno-VasarhelyiDistrict Court, D. Puerto Rico · 2016
- Bradley Nelson v. Wells Fargo Bank, N.A.Bankruptcy Appellate Panel of the First Circuit · 2020
- Calderon v. PatelDistrict Court, D. Puerto Rico · 2025
5 more not listed; retrieve them via the Exa API.