Western District of New York Bankruptcy Update (June 2014)
I. Recent Decisions: 1) Adelphia Recovery Trust v. Goldman, Sachs & Co., 2014 U.S. App. LEXIS 6211 (2d Cir. April 4, 2014): Do avoidance powers under the Bankruptcy Code apply to funds that are not property of the bankruptcy estate? After full repayment of unsecured creditors of Adelphia Communication Corp.’s (“ACC) 200 subsidiaries, a […]
