Lassman v. Cronin

Lassman v. Cronin

Plaintiff:	Donald Lassman
Defendant:	Jerome J. Cronin, Jr.
Case Number:	1:2012cv10749
Filed:	April 27, 2012
Court:	US District Court for the District of Massachusetts
Office:	Boston Office
County:	Suffolk
Presiding Judge:	Joseph L. Tauro
Nature of Suit:	Withdrawal
Cause of Action:	28 U.S.C. § 0157
Jury Demanded By:	None

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Date Filed	Document Text
September 16, 2014	Filing 34 Judge Denise J. Casper: ORDER entered. MEMORANDUM AND ORDER - the Trustee's motion for summary judgment, D. 22, is ALLOWED in part and DENIED in part. The Trustee may avoid the following transfers made by the Debtor: the deposit of the Disney Condominium sale proceeds, the deposit of the Vacation Point sale proceeds and the deposit of the Accident Settlement proceeds. The Trustee may recover the Debtor's share of the value of the avoidable transfers. Cronin, as co-owner of the Dis ney Condominium and the Vacation Points, was entitled to half of those sale proceeds. Therefore the Trustee may recover $5,727.70 from the sale of the Disney Condominium; $1,350.00 from the sale of the Vacation Points; and $48,308.99 from the Accident Settlement proceeds. There is insufficient evidence on the present record before the Court to conclude as a matter of undisputed fact whether the Debtor received reasonably equivalent value for the Cash Advances. Cronin's cross motion for summary judgment, D. 25, is DENIED.(Hourihan, Lisa)

Date Filed

Document Text

September 16, 2014

Filing 34 Judge Denise J. Casper: ORDER entered. MEMORANDUM AND ORDER - the Trustee's motion for summary judgment, D. 22, is ALLOWED in part and DENIED in part. The Trustee may avoid the following transfers made by the Debtor: the deposit of the Disney Condominium sale proceeds, the deposit of the Vacation Point sale proceeds and the deposit of the Accident Settlement proceeds. The Trustee may recover the Debtor's share of the value of the avoidable transfers. Cronin, as co-owner of the Dis ney Condominium and the Vacation Points, was entitled to half of those sale proceeds. Therefore the Trustee may recover $5,727.70 from the sale of the Disney Condominium; $1,350.00 from the sale of the Vacation Points; and $48,308.99 from the Accident Settlement proceeds. There is insufficient evidence on the present record before the Court to conclude as a matter of undisputed fact whether the Debtor received reasonably equivalent value for the Cash Advances. Cronin's cross motion for summary judgment, D. 25, is DENIED.(Hourihan, Lisa)

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Defendant: Jerome J. Cronin, Jr.
Represented By:	Whitton E. Norris, III
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Plaintiff: Donald Lassman
Represented By:	Jeffrey J. Cymrot
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