Legal Opinion
Spizz v. Goldfarb Seligman & Co. (In re Ampal-American Israel Corp.)
United States Bankruptcy Court, S.D. New York
Decided January 9, 2017No. Case No. 12-13689 (SMB); Adv. P. No. 14-02104 (SMB)PublishedCited by 23 opinions
1Opinion of the Court
POST-TRIAL FINDINGS OF FACT AND CONCLUSIONS OF LAW
STUART M. BERNSTEIN, United States Bankruptcy Judge:
Alex Spizz, the chapter 7 trustee (the “Trustee”) for Ampal-American Israel Corp. (“Ampal”), filed this adversary proceeding to avoid and recover a single pre-petition transfer made by Ampal in Israel to the Israeli law firm Goldfarb Seligman & Co. (“Goldfarb”) as a preference pursuant to sections 547 and 550 of the Bankruptcy Code. The Court conducted a trial on April 13, 2016. The sole issue is whether the presumption against extraterritoriality prevents the Trustee from avoiding the…
2Cases cited19 opinions
- Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
- Equal Employment Opportunity Commission v. Arabian American Oil Co.Supreme Court of the United States · 1991
- Begier v. Internal Revenue ServiceSupreme Court of the United States · 1990
- Kiobel v. Royal Dutch Petroleum Co.Supreme Court of the United States · 2013
- RJR Nabisco, Inc. v. European Cmty.Supreme Court of the United States · 2016
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