Allied Financial, Inc. v. WM Capital Partners 53, LLC

1 IN THE UNITED STATES BANKRUPTCY COURT 2 FOR THE DISTRICT OF PUERTO RICO 3 IN RE: 4 ALLIED FINANCIAL, INC. CASE NO. 16-00180 (MCF) 5 Debtor CHAPTER 11 6 7 ALLIED FINANCIAL, INC. 8 Plaintiff 9 V. ADV. CASE NO. 16-00033 (MCF) 10 WM CAPITAL PARTNERS 53, LLC 11 Defendant 12 13 OPINION AND ORDER 14 15 Plaintiff Allied Financial, Inc. seeks to exercise its redemption right under Article 1425 16 of the Puerto Rico Civil Code. WM Capital Partners 53, LLC purchased the litigated credit from 17 Scotiabank de Puerto Rico, who had acquired it from the Federal Deposit Insurance Corporation 18 as receiver…