Legal Opinion

Allied Financial, Inc. v. WM Capital Partners 53, LLC

United States Bankruptcy Court, D. Puerto Rico

Decided April 27, 2020No. 16-00033Unknown

1Opinion

1 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF PUERTO RICO 2 3 4 IN RE: 5 CASE NO. 16-00180 (MCF) 6 ALLIED FINANCIAL, INC. CHAPTER 11 7 Debtor 8 9 10 ALLIED FINANCIAL, INC. 11 Plaintiff 12 v. ADV. NO. 16-00033 13 14 WM CAPITAL PARTNERS 53, LLC 15 16 Defendant 17 18 OPINION AND ORDER 19 20 The Plaintiff, Allied Financial, Inc., a chapter 11 debtor, (hereinafter “Allied”) 21 filed the instant adversary proceeding against the Defendant, WM Capital Partners 22 53, LLC, (hereinafter “WM”) seeking to redeem a litigated credit1 under the Puerto 23 24 25 1 Article 1425 of the Puerto Rico…

2Cases cited12 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Borges Ex Rel. SMBW v. Serrano-IsernCourt of Appeals for the First Circuit · 2010
  3. Pereira v. International Basic Economy Corp.Supreme Court of Puerto Rico · 1967
  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. Barbara Policastro v. Northwest Airlines, IncorporatedCourt of Appeals for the Sixth Circuit · 2002

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