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Court denied stay of bankruptcy court contempt and preliminary injunction orders pending appeal where defendants were unlikely to succeed on the merits of their claims against the orders and where the orders would not irreparably harm defendants by requiring them to produce ordered discovery or merely preventing them from transferring or using claimed funds under their control.
A creditor, who objected to a debtor's payments of professional fees to other firms by order of the bankruptcy court, failed to prove on appeal that the district court had jurisdiction to hear the case.
Foreign petroleum company was the alter ego of competing factions of the foreign government where each faction controlled the company's operations in various countries around the world and directly benefitted from the profits of those operations and where each faction expressly described the company and its subsidiaries as assets of the state.
Court reversed in part Bankruptcy Court's decision holding that debtor employers were not required to provide notice under the Federal Worker Adjustment and Retraining Notification Act prior to laying off workers during the COVID-19 pandemic.
Stay Against Suing Catholic Diocese Is Extended So That Mediation Can Continue
Emergency stay of bankruptcy court's adverse grant of judgment in adversary proceeding denied where appellants were unlikely to prevail on the merits of their appeal and where harm to Chapter 11 debtor outweighed the harm that might come from the reduction of appellants' claims.
District court accepted bankruptcy court's proposed findings of fact and conclusions of law in non-core breach of contract claim where defendant failed to cite evidence creating a genuine issue of material fact as to each of defendant's alleged breaches of a first lien credit agreement, including with respect to the measure of damages.
The court found that debtor owner and liquidators of a furniture company were not required to provide the 60-day Federal Worker Adjustment and Retraining Notification Act notice because the imposition of various government orders due to the coronavirus outbreak and the outbreak itself constituted an unforeseeable business circumstance and natural disaster that exempted the debtor from the WARN Act.
Court Denies Debtor Diocese's Motion To Authorize Process for Sale of Campus
Government sanctions that blocked the transfer of shares did not preclude the court from authorizing the eventual issuance of writs of attachment, pending government approval, as mere authorization did not alter sanctioned body's continued ownership of the shares and therefore did not effect a prohibited transfer.
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