Legal Opinion
Marine Midland Bank v. Portnoy (In Re Portnoy)
United States Bankruptcy Court, S.D. New York
Decided October 7, 1996No. 19-22202PublishedCited by 31 opinions
1Opinion of the Court
DECISION AND ORDER ON MOTION FOR SUMMARY JUDGMENT
TINA L. BROZMAN, Chief Judge.
At the heart of this debtor’s summary judgment motion lies an irrevocable offshore trust into which he placed virtually all of his assets at a time when he knew that his personal guarantee of his corporation’s indebtedness was about to be called. The debtor, Larry Portnoy, claims not only that his assets have been successfully insulated under the law of the Jersey Channel Islands (“Jersey”), but that he is entitled as a matter of law to a discharge of all debts including the indebtedness which he guaranteed. Marine…
2Cases cited61 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Butner v. United StatesSupreme Court of the United States · 1979
- United States v. Whiting Pools, Inc.Supreme Court of the United States · 1983
- Davis v. Aetna Acceptance Co.Supreme Court of the United States · 1934
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3Cited by31 opinions
- Pereira v. Gardner (In Re Gardner)United States Bankruptcy Court, S.D. New York · 2008
- Wachovia Bank, N.A. v. SpitkoUnited States Bankruptcy Court, E.D. Pennsylvania · 2006
- Rhode Island Depositors Economic Protection Corp. v. Hayes (In Re Hayes)Bankruptcy Appellate Panel of the First Circuit · 1999
- Ng v. Adler (In re Adler)United States Bankruptcy Court, E.D. New York · 2013
- Baron v. Klutchko (In Re Klutchko)United States Bankruptcy Court, S.D. New York · 2005
26 more not listed; retrieve them via the Exa API.