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IN RE CORPORATE RESOURCE SERVICES, INC.

Case No. 15-12329 (MG) (Jointly Administered) Adv. Pro. Case No. 16-01037 (MG).

564 B.R. 196 (2017)

IN RE: CORPORATE RESOURCE SERVICES, INC., et al., Debtors. James S. Feltman, not individually but solely in his capacity as Chapter 11 Trustee of the Estate of Corporate Resource Services, Inc., et al., Plaintiff, v. Noor Staffing Group, LLC, et al., Defendants.

United States Bankruptcy Court, S.D. New York.

Signed March 1, 2017.

Attorney(s) appearing for the Case

TOGUT, SEGAL & SEGAL LLP, One Penn Plaza, Suite 3335, New York, New York 10119, By: Steven S. Flores, Esq., Lauren L. Peacock, Esq., Minta J. Nester, Esq., Attorneys to James S. Feltman, not individually but solely in his capacity as Chapter 11 Trustee of Corporate Resource Services, Inc., et al.

GRIFFIN HAMERSKY LLP, 420 Lexington Avenue, Suite 400, New York, New York 10170, By: Scott A. Griffin, Esq., Michael D. Hamersky, Esq., David M. Smith, Esq., Attorneys for Noor Staffing Group, LLC, and Noor Associates, Inc.

MEMORANDUM OPINION AND ORDER STRIKING DEFENDANTS' DEFENSE UNDER BANKRUPTCY CODE § 553

The issue before the Court is whether the defendants may assert a right of setoff under Bankruptcy Code section 553 for admittedly contingent claims. The defendants assert setoff as a defense in this adversary...

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