Latest Developments

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2010-03-31T17:35:40Z

The Firm successfully obtained summary judgment in favor of an equipment lessor for the full amount of the lessor's claim for breach of the lease contract and personal guaranties in the amount of $189,404.97, including late fees, attorneys fees and costs, plus interest. The Court's judgment was entered before the parties' commenced discovery, upon the court's ruling that the commercially unreasonable liquidation sale defenses posed by the equipment lessee must be supported by more than general pleadings and allegations.

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2010-03-29T15:09:56Z

Firm obtained summary judgment for equipment financer client, defeating debtors’ arguments that creditor client’s disposition of collateral was not conducted in a commercially reasonable manner and without proper notice. Although commercial reasonableness is ordinarily an issue of fact precluding summary judgment, this victory demonstrates that summary judgment can be obtained where the motion is properly supported with admissible evidence.

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2010-02-17T17:47:23Z

Firm obtained TRO and preliminary injunction in Texas against defendants under Uniform Fraudulent Conveyance Act.

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2010-02-17T17:46:35Z

Firm was also involved in a workout of transactions involving the following aircraft: 1980 Israel Aircraft Industries, Model 1124.

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2010-02-17T17:44:33Z

Firm was involved in handling sales of the following types of aircraft: 1976 Cessna 421C Golden Eagle; 1997 Learjet 60; 1987 Gates Learjet 55B; 1978 Hawker Siddeley, model HS (125 series 700A); 2005 Enstrom 280 FX Helicopter; 1980 Cessna Citation II 550; 1976 Falcon 10

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2010-02-17T17:43:38Z

Firm obtained a written opinion in client's favor on issue of whether a defendant accused of fraud could invoke 5th amendment to restrict civil case from going forward in the New York State Court.

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2010-02-17T17:43:03Z

Firm obtained equipment replevins in numerous states across the country.

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2010-02-17T17:42:12Z

Firm successfully obtained $3.2MM judgment relating to a failed Lear Jet business carrier in the District of Delaware.

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2010-02-17T17:41:30Z

Firm successfully obtained two year bar against refiling a bankruptcy petition in the Eastern District of Pennsylvania.

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2010-02-17T17:39:52Z

Firm successfully renegotiated over $3.3MM in debt relating to the financing of various aricraft in New Jersey bankruptcy court.