Legal Opinion

Savage & Associates, P.C. v. Mandl (In Re Teligent, Inc.)

United States Bankruptcy Court, S.D. New York

Decided April 7, 2005No. 18-01792PublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM DECISION AND ORDER REGARDING MOTION AND CROSS-MOTION FOR PARTIAL SUMMARY JUDGMENT

STUART M. BERNSTEIN, Chief Judge.

The defendant Alex Mandl, is the former Chairman and Chief Executive Officer of the debtor Teligent, Inc. When he left his employment approximately three weeks before the petition date, Teligent forgave an outstanding $12 million loan. The plaintiff, the Unsecured Claims Estate Representative, brought this adversary proceeding primarily to avoid the loan forgiveness as a fraudulent transfer, and recover its value.

Mandl has moved for partial summary judgment contending…

2Cases cited13 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  3. Rodriguez v. City of New YorkCourt of Appeals for the Second Circuit · 1995
  4. Besing v. Hawthorne (In Re Besing)Court of Appeals for the Fifth Circuit · 1993
  5. In the Matter of Dan L. Wey, Debtor. Appeal of Robert L. Sullivan, Trustee in Bankruptcy v. William W. Willock, Jr. And Adelaide I. WillockCourt of Appeals for the Seventh Circuit · 1988

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3Cited by7 opinions

  1. Savage & Associates, P.C. Ex Rel. Teligent, Inc. v. MandlUnited States Bankruptcy Court, S.D. New York · 2008
  2. Savage & Associates, P.C. v. Mandl (In Re Teligent, Inc.)United States Bankruptcy Court, S.D. New York · 2005
  3. Fox ex rel. Perry H. Koplik & Sons, Inc. v. Koplik (In re Perry H. Koplik & Sons, Inc.)United States Bankruptcy Court, S.D. New York · 2012
  4. Savage & Associates, P.C. v. Mandl (In Re Teligent, Inc.)United States Bankruptcy Court, S.D. New York · 2006
  5. Savage & Associates, P.C. v. Mandl (In Re Teligent, Inc.)United States Bankruptcy Court, S.D. New York · 2006

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