Shelley C. Chapman

How Judge Chapman rules, drawn from 20 signed orders. Every observation links to the order it came from.

Judge Chapman no longer hears cases. This profile is preserved as a historical record of how they ruled.

Court
U.S. Bankruptcy Court for the Southern District of New York
Position
bankruptcy
Status
Retired 2022
Served
2010–2022
Commissioned
2010-03-05
Education
Cornell University, B.A., 1978; Harvard Law School, J.D., cum laude, 1981
Signed orders read
20

How Judge Chapman decides

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

What persuades

Independent creditor support carried substantial weight when the court assessed whether a proposed settlement served the estate.

“the support of the Creditors’ Committee here weighs heavily in favor of approval of the proposed settlement”

Procedural preferences

A restructuring agreement had to preserve the debtor's ability to comply with fiduciary duties rather than lock in a sponsor's control over the case.

“I believe that the so-called Fiduciary Out, as written, is flawed. It prohibits the Debtors from taking action consistent with their fiduciary obligations.”

Cautions

Valuation evidence was treated cautiously when a proponent selected only favorable data without showing that its model reliably predicted market outcomes.

“there should be no cherry-picking of the data, i.e., pointing to one piece of data that supports a particular conclusion, while ignoring other data that may contradict that conclusion”

Signed rulings

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

In re Ambac Financial Group, Inc.
· 2011-09-23
Motion to approve settlement (Ambac Financial Group, Inc.) Granted

“the Court overrules the Derivative Plaintiffs’ objections and will enter the Amended Order”

Objection to settlement (Derivative Plaintiffs) Denied
In re Innkeepers USA Trust
· 2010-12-20
Motion to assume plan support agreement (Innkeepers USA Trust and affiliated debtors) Denied

“the Debtors’ motion to assume the PSA is denied”

In re Innkeepers USA Trust
· 2011-04-01
Request for certificateholder standing (Appaloosa Investment L.P. I and related funds) Denied

“I find that Appaloosa cannot be given ‘party in interest’ standing to be heard on the Motion in its capacity as a certificateholder”

Motion to approve bidding procedures (Innkeepers USA Trust and affiliated debtors) Granted

“Accordingly, for all of the foregoing reasons, the Motion is granted.”

In re Boston Generating, LLC
· 2010-12-03
Motion to sell substantially all assets (Boston Generating, LLC and affiliated debtors) Granted

“The Sale Motion is granted in its entirety”

Objections to asset sale (Objecting lenders and creditors) Denied

“All objections, if any, to the Sale Motion or the relief requested therein that have not been withdrawn, waived, or settled as announced to the Court at the Sale Hearing or by stipulation filed with the Court, and all reservation of rights included therein, are hereby overruled”

In re Lehman Brothers Holdings Inc.
· 2015-12-29
Motion for summary judgment on claim (Lehman Brothers Holdings Inc.) Granted

“For the reasons stated, the Motion is granted. To the extent not already withdrawn, and with the exception of the Fee Damages, the Claim shall be disallowed in its entirety and expunged from the claims register.”

In re Lehman Brothers Holdings
· 2014-08-19
Objection to proofs of claim (Lehman Brothers Holdings Inc.) Granted

“For the reasons stated, the Objection is sustained.”

In re Lehman Brothers Holdings Inc.
· 2018-10-11
Motion in aid of plan execution (Lehman Brothers Holdings Inc.) Denied

“For all of the foregoing reasons, the Motion is denied.”

In re Sabine Oil & Gas Corp.
· 2016-04-21
Motion for stay pending appeal (Official Committee of Unsecured Creditors) Denied

“the Court hereby denies the request for a stay”

Giddens v. 344 Individuals (In re Lehman Brothers Inc.)
· 2017-07-13
Trustee motion for summary judgment (SIPA Trustee James W. Giddens) Granted

“For all of the foregoing reasons, (i) the Trustee’s Motion is granted; and (ii) the Employees’ Motion is denied.”

Employees cross motion for summary judgment (Former executives and select employees) Denied
In re Lehman Brothers Holdings Inc.
· 2014-11-03
Omnibus objections to reclassify employee claims (Lehman Brothers Holdings Inc.) Granted

“The Omnibus Objections are sustained.”

Omnibus objection to compound employee claims (Lehman Brothers Holdings Inc.) Granted
Omnibus objection to late filed employee claims (Lehman Brothers Holdings Inc.) Granted
In re Lehman Brothers Holdings Inc.
· 2014-07-28
Objection to cmbs claims (Lehman Brothers Holdings Inc.) Denied

“For the reasons stated, the Objection is overruled and the request for subordination of the FHLB Claims is denied.”

Request to subordinate cmbs claims (Lehman Brothers Holdings Inc.) Denied
Sabine Oil & Gas Corp. v. HPIP Gonzales Holdings, LLC (In re Sabine Oil & Gas Corp.)
· 2016-05-03
Debtors omnibus motion for summary judgment (Sabine Oil & Gas Corporation and affiliated debtors) Granted

“the Debtors’ motion for summary judgment on their declaratory judgment claims against Nordheim and HPIP is GRANTED”

Nordheim motion for judgment on the pleadings (Nordheim Eagle Ford Gathering, LLC) Denied

“Nordheim’s motion for judgment on the pleadings and HPIP’s motion for judgment on the pleadings are DENIED”

Hpip motion for judgment on the pleadings (HPIP Gonzales Holdings, LLC) Denied

Caseload & timing

From public federal docket records for this judge.

One sampled docket had an empty entry stream. Four additional streams were excluded because their entries fell years outside the corresponding case lifespan.

A historical record

Judge Chapman no longer hears cases. This profile stays available as a record of how they ruled. If you're preparing for a matter, start from the court's current bench.