In Re Spectee Group, Inc.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MEMORANDUM DECISION GRANTING MOTION FOR SANCTIONS
STUART M. BERNSTEIN, Bankruptcy Judge.
Fourth Federal Savings Bank (“Fourth Federal”), a secured creditor, seeks sanctions against the Debtor (“Spectee”), its president, John Souto (“Souto”), and its counsel, Aaron Gelbwaks (“Gelbwaks”) (collectively, the “Respondents”) pursuant to 11 U.S.C. § 105 and Bankruptcy Rule 9011 and against Gelbwaks pursuant to 28 U.S.C. § 1927 for reimbursement and payment of Fourth Federal’s attorneys fees and expenses.
From start to finish, the Respondents manipulated the bankruptcy process in this single asset case…
2Cases cited38 opinions
- Chambers v. Nasco, Inc.Supreme Court of the United States · 1991
- Roadway Express, Inc. v. PiperSupreme Court of the United States · 1980
- Hall v. ColeSupreme Court of the United States · 1973
- F. D. Rich Co. v. United States Ex Rel. Industrial Lumber Co.Supreme Court of the United States · 1974
- Business Guides, Inc. v. Chromatic Communications Enterprises, Inc.Supreme Court of the United States · 1991
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3Cited by46 opinions
- Werner v. Plater-ZyberkSuperior Court of Pennsylvania · 2002
- Keach v. Boyajian (In Re Keach)Bankruptcy Appellate Panel of the First Circuit · 2000
- In Re FelbermanUnited States Bankruptcy Court, S.D. New York · 1995
- In Re GreenbergUnited States Bankruptcy Court, S.D. New York · 1996
- In Re 234-6 West 22nd St. Corp.United States Bankruptcy Court, S.D. New York · 1997
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