Legal Opinion
Mercado v. Banco Popular De Puerto Rico
Bankruptcy Appellate Panel of the First Circuit
Decided April 17, 2019No. BAP NO. PR 18-021; Bankruptcy Case No. 15-09902-MCF; Adversary Proceeding No. 17-00286-MCFPublishedCited by 16 opinions
1Opinion of the Court
Cary, U.S. Bankruptcy Appellate Panel Judge.
This appeal concerns the effect of an unrecorded mortgage under Puerto Rico law and, more particularly, whether the bankruptcy court properly denied the chapter 7 trustee's request to avoid an unrecorded mortgage and to preserve the avoided lien for the benefit of the bankruptcy estate (the "Order"). In addition, the bankruptcy court, sua sponte, dismissed the chapter 7 trustee's complaint pursuant to Rule 12(b)(6) "for failure to state plausible claims" under §§ 544 and *411551.1 We conclude that the bankruptcy court did not commit error either by…
2Cases cited53 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Butner v. United StatesSupreme Court of the United States · 1979
- Stern v. MarshallSupreme Court of the United States · 2011
- Johnson v. Riverside Healthcare System, LPCourt of Appeals for the Ninth Circuit · 2008
48 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Segarra Miranda v. Banco Popular de Puerto RicoCourt of Appeals for the First Circuit · 2021
- Homayoun Maali v. William HarringtonBankruptcy Appellate Panel of the First Circuit · 2021
- In re: Frank Enrique Torres Rodriguez and Ingrid Soraya Silva RodriguezUnited States Bankruptcy Court, D. Puerto Rico · 2024
- In re: Laura Margarita Serrano Santana v. Hacienda San Jose Homeowners AssociationUnited States Bankruptcy Court, D. Puerto Rico · 2024
- In re: Puntas Associates LLC v. Carlos M. Muñiz Ruiz, Edna O. Muñiz Ruiz and Adaliz Muñiz AvilesUnited States Bankruptcy Court, D. Puerto Rico · 2021
11 more not listed; retrieve them via the Exa API.