U.S. Small Business Administration v. Finquest, Inc. et al
Jack Birnberg, Louise Birnberg, Saul Birnberg, Birnberg Group of Florida, Inc., Finquest, Inc., Israel Discount Bank of New York, Oak Rock Financial, LLC and The Birnberg Foundation |
U.S. Small Business Administration |
2:2014cv03876 |
June 20, 2014 |
US District Court for the Eastern District of New York |
Central Islip Office |
Sandra J. Feuerstein |
Bankruptcy Appeal (801) |
28 U.S.C. ยง 1334 Bankruptcy Appeal |
None |
Available Case Documents
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Document Text |
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Filing 15 OPINION & ORDER: SO ORDERED that the Court has considered the parties' submissions in their entirety. For the foregoing reasons, the Order of the Bankruptcy Court is reversed as to the ZFI Alleged Participation Agreement as summary judgment sho uld have been entered in favor of ZFI and against IDB on the issue of whether ZFI has a true participation agreement, and reversed as to the Alleged Participation Agreements as the ambiguity in those Agreements precluded granting summary judgment to IDB on the issue of whether the Alleged Participation Agreements were true participations. The matter is remanded to the Bankruptcy Court for further proceedings consistent with this Order. Ordered by Judge Sandra J. Feuerstein on 3/31/2015. (Florio, Lisa) |
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