Legal Opinion

Soto-Rios v. Banco Popular De Puerto Rico

Court of Appeals for the First Circuit

Decided November 23, 2011No. 10-2270PublishedCited by 93 opinions

1Opinion of the Court

HOWARD, Circuit Judge.

Luis Soto-Rios and Brenda Tosado-Ar-belo (“debtors”) filed for bankruptcy under Chapter 11, years after they had executed three mortgage deeds in favor of Banco Popular de Puerto Rico. In the midst of the bankruptcy proceedings, the debtors sought to avoid the mortgages, and to prevent any post-petition actions that would perfect them. See 11 U.S.C. §§ 362(a), 544(a), 547(b). On summary judgment, the bankruptcy court rejected the debtors’ efforts. When the district court later affirmed this decision, the debtors pursued this appeal before us. We affirm.

I. BACKGROUND

In…

2Cases cited20 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Desmond v. Varrasso (In Re Varrasso)Court of Appeals for the First Circuit · 1994
  3. McCrory v. Spigel (In Re Spigel)Court of Appeals for the First Circuit · 2001
  4. In Re Michael J. Colarusso Mary Colarusso, Debtors, Robert Canzano, Trustee of the J & B Realty Trust Joan Canzano, Trustee of the J & B Realty Trust v. Mary M. RagosaCourt of Appeals for the First Circuit · 2004
  5. Mann v. Chase Manhattan Mortgage Corp.Court of Appeals for the First Circuit · 2003

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3Cited by93 opinions

  1. Ad Hoc Group of Vitro Noteholders v. Vitro S.A.B. De C.V.Court of Appeals for the Fifth Circuit · 2012
  2. Harris v. Scarcelli (In Re Oak Knoll Associates, L.P.)Court of Appeals for the First Circuit · 2016
  3. Acosta v. Reparto Saman Inc. (In Re Acosta)United States Bankruptcy Court, D. Puerto Rico · 2011
  4. Fahey v. FaheyBankruptcy Appellate Panel of the First Circuit · 2012
  5. Rok Builders, LLC v. 2010-1 SFG Venture LLCCourt of Appeals for the First Circuit · 2013

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