Legal Opinion
Jacobs v. Kraken Investment Ltd. (In re Salander-O'Reilly Galleries, LLC)
United States Bankruptcy Court, S.D. New York
Decided March 21, 2014No. Case No. 07-30005 (CGM); Adversary No. 13-09004PublishedCited by 2 opinions
1Opinion of the Court
Chapter 11
MEMORANDUM DECISION DENYING CROSS-MOTIONS FOR SUMMARY JUDGMENT
CECELIA G. MORRIS, CHIEF U.S. BANKRUPTCY JUDGE
Before the Court are cross-motions for summary judgment in this proceeding to *603determine the validity, extent and priority of interests asserted in the painting Madonna and Child by Sandro Botticelli (the “Botticelli”). At this juncture, the sole issues before the Court are (i) whether a perfected blanket lien in debtor’s inventory attached to the Botticelli while it was on consignment to the debtor’s art gallery, and (ii) if so, whether that lien has priority over the…
2Cases cited26 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
- Carol A. Gallo v. Prudential Residential Services, Limited Partnership, Doing Business as Prudential Relocation ManagementCourt of Appeals for the Second Circuit · 1994
- Roe v. City of WaterburyCourt of Appeals for the Second Circuit · 2008
- Mark Giannullo v. City of New YorkCourt of Appeals for the Second Circuit · 2003
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3Cited by2 opinions
- Overton v. Art Finance Partners LLCDistrict Court, S.D. New York · 2016
- TSA Stores, Inc. v. M J Soffe, LLC (In re TSAWD Holdings Inc.)United States Bankruptcy Court, D. Delaware · 2017