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IN RE HAL LUFTIG COMPANY, INC.

24cv166 (DLC).

657 B.R. 704 (2024)

IN RE: HAL LUFTIG COMPANY, INC., Debtor.

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

Signed March 19, 2024.

Attorney(s) appearing for the Case

For Debtor Hal Luftig Company, Inc.: Sheryl P. Giugliano , Michael S. Amato , Ruskin Moscou Faltischek, P.C., East Tower, 15th Floor, 1425 RXR Plaza, Uniondale, New York 11556-0190.

For Hal Luftig: Adam L. Rosen , 1051 Port Washington Blvd., PO Box 552, Port Washington, NY 11050-0146, Martin J. Foley , Martin J. Foley, PLC, 601 S. Figueroa Street, Ste. 2050.

For Creditor FCP Entertainment Partners, LLC: John A. Mueller , Richard M. Sherer, Jr. , Lippes Mathias LLP, 50 Fountain Plaza, Suite 1700, Buffalo, New York 14202-2216.

For the United States: William K. Harrington , United States Trustee, Paul Schwartzberg , Office of the United States Trustee, Alexander Hamilton Custom House, One Bowling Green, Room 534, New York, NY 10004-1408.

OPINION AND ORDER

In this small business case, the Bankruptcy Court has recommended approval a plan of reorganization that contains a non-consensual release of a non-debtor. For the following reasons, that recommendation is rejected.

Background

On November 22, 2023,...

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