Jerrold N. Poslusny Jr.

How Judge Poslusny rules, drawn from 4 signed orders. Every observation links to the order it came from.

Court
U.S. Bankruptcy Court for the District of New Jersey
Position
bankruptcy
Commissioned
2015-06-30
Signed orders read
4

How Judge Poslusny decides

Patterns drawn from this judge's own signed orders. Every observation links to the order it came from.

What persuades

A settlement proponent must provide credible evidence of the value being exchanged before approval is possible.

“the Court cannot find, under either the section 363 or Rule 9019 standards, that the value being received in exchange for the asset is fair and reasonable.”

Procedural preferences

Approval of an ordinary-course professional's retention does not necessarily decide disinterestedness for every later estate dispute.

“The Defendant was retained as an ordinary course professional, and therefore, the Defendant’s interestedness was measured as it related to the purpose for which the Defendant was retained, not with regard to the entire bankruptcy case.”

Cautions

Administrative closure abroad does not end Chapter 15 recognition when the foreign court continues supervising asset collection and distribution.

“the Court finds that the Foreign Main Proceeding continues to qualify as a foreign proceeding under section 101(23)”

Signed rulings

A grounded sample of orders signed by this judge, with the verbatim dispositive language.

In re Diocese of Camden, New Jersey
20-21257 · 2023-08-29
Motion to approve settlement (Diocese of Camden and insurers) Denied

“Accordingly, the Insurance Motion is denied.”

In re Diocese of Camden, New Jersey
20-21257 · 2023-08-29
Chapter 11 plan confirmation (Diocese of Camden and tort claimants' committee) Denied

“The Plan does not meet all of the requirements of section 1129 of the Bankruptcy Code, and therefore, the Court cannot confirm the Plan.”

Giuliano v. Ernst & Young, LLP (In re RIH Acquisitions NJ, LLC)
13-34483 · 2016-05-24
Motion to dismiss adversary proceeding (Ernst & Young, LLP) Denied

“the doctrines of res judicata and the law of the case do not preclude the causes of action set forth in the complaint, and the Motion is denied.”

Zhejiang Topoint Photovoltaic Co. v. Zhi Chen (In re Zhejiang Topoint Photovoltaic Co.)
14-24549 · 2019-04-02
Motion to dismiss chapter 15 case (Zhi Chen and Henghe North American, Inc.) Denied

“For the foregoing reasons, the Motion is DENIED.”

Caseload & timing

From public federal docket records for this judge.

The twelve sampled matters were checked for express, judge-attributable dispositions; generic labels, stipulated dismissals, and predecessor-era rulings were excluded.

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