Chris Kosachuk v. Alfred T. Guiliano, Chapter 7 Trustee for the Estate of NLG, LLC, Select Advisors Group LLC, and 9197-5904 Quebec, Inc.

CourtDistrict Court, D. Delaware
DecidedOctober 22, 2025
Docket1:23-cv-00540
StatusUnknown

This text of Chris Kosachuk v. Alfred T. Guiliano, Chapter 7 Trustee for the Estate of NLG, LLC, Select Advisors Group LLC, and 9197-5904 Quebec, Inc. (Chris Kosachuk v. Alfred T. Guiliano, Chapter 7 Trustee for the Estate of NLG, LLC, Select Advisors Group LLC, and 9197-5904 Quebec, Inc.) is published on Counsel Stack Legal Research, covering District Court, D. Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Chris Kosachuk v. Alfred T. Guiliano, Chapter 7 Trustee for the Estate of NLG, LLC, Select Advisors Group LLC, and 9197-5904 Quebec, Inc., (D. Del. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE

IN RE: NLG, LLC, : Chapter 7 Debtor. : Bankr. No. 21-11269-JKS ___________________________________________________________________________ Chris Kosachuk, : Appellant, : Civ. No. 23-540-JLH v. : : Alfred T. Guiliano, Chapter 7 Trustee for the Estate of : NLG, LLC, Select Advisors Group LLC, and 9197-5904 : Quebec, Inc., : Appellees. : __________________________________________________________________________ Chris Kosachuk, : Appellant, : Adv. No. 22-50421-JKS v. : : Civ. No. 23-541-JLH Select Advisors Group LLC and 9197-5904 Quebec, Inc., : : Appellees. : __________________________________________________________________________ Chris Kosachuk, : Appellant, : Adv. No. 22-50086 (JKS) v. : : Civ. No. 23-542-JLH Select Advisors Group LLC and Alfred T. Guiliano, : Chapter 7 Trustee for the Estate of NLG, LLC, : : Appellees. : __________________________________________________________________________ Chris Kosachuk, West Chester, PA

Pro se appellant

Julia B. Klein, KLEIN LLC, Wilmington, DE

Counsel for appellees Selective Advisors Group LLC and 9197-5904 Quebec, Inc.

OPINION October 22, 2025 nh ISTRICT JUDGE I. INTRODUCTION The above-captioned appeals arise from the chapter 7 case of NLG, LLC and constitute the latest attempt by pro se appellant Chris Kosachuk (“Appellant”) to avoid a state court judgment which he has been attempting to overturn for more than 12 years. Appellant, styling himself as a creditor of NLG, LLC (“NLG,” or the “Debtor’”) filed an involuntary petition against NLG under chapter 7 of the Bankruptcy Code. Following the appointment of a chapter 7 trustee (the “Trustee’’), Appellant filed a motion to convert the case to a case under chapter 11 of the Bankruptcy Code (Bankr. D.I. 71) (the “Motion to Convert”). On February 16, 2023, the Bankruptcy Court issued an Order denying Appellant’s Motion to Convert (Bankr. D.I. 144) (“Conversion Order”) for the reasons set forth in the accompanying Opinion (Bankr. D.I. 143) (“Conversion Opinion”). The Bankruptcy Court further dismissed two adversary proceedings seeking recovery from appellees Selective Advisors Group LLC (“Selective”) and 9197-5904 Quebec, Inc. (““Quebec,” and together with Selective, the “Appellees”). (Bankr. D.I. 146, 148.) Following Appellant’s requests for rehearing, reconsideration, and relief from each of these orders, the Bankruptcy Court issued its May 25, 2023 Memorandum Order (Bankr. D.I. 165) (“Reconsideration Order”) denying Appellant’s requests. Appellant has appealed all of these orders. For the reasons set forth below, the Court will affirm each of the Orders.

' Civ. No. 23-540-JLH is Appellant’s appeal of the Conversion Order. Civ. No. 23-541-JLH is Appellant’s appeal of the Bankruptcy Court’s February 16, 2023 Order dismissing Appellant’s adversary proceeding against Appellees, Adv. No. 22-50421-JKS (Bankr. D.I. 148) (the “Kosachuk/Selective Dismissal Order’). Civ. No. 23-542-JLH is Appellant’s appeal of the Bankruptcy Court’s February 16, 2023 Order dismissing the Trustee’s adversary proceeding against Selective, Adv. No. 22-50086-JKS (Bankr. D.I. 146) (the “Trustee/Selective Dismissal Order”). The Notice of Appeal for each of these three appeals also lists the Reconsideration Order.

II. BACKGROUND A. The Chapter 7 Filing On September 24, 2021, Appellant, who is the founder of NLG, filed an involuntary petition for relief under chapter 7 of the Bankruptcy Code against NLG and was the sole petitioning creditor. NLG did not answer the involuntary petition. No party objected to, moved to dismiss, or otherwise challenged the involuntary petition. On January 7, 2022, the Bankruptcy Court entered the Order for Relief in an Involuntary Case. (Bankr. D.I. 10.) On the same day, Alfred T. Giuliano was appointed as Trustee.2 (Bankr. D.I. 12.) The

Trustee is the sole fiduciary for NLG and is responsible for recovering all assets of the estate and prosecuting the causes of action held by the estate. Mini-Miners, Inc. v. Lansbeny (In re Lansbeny), 177 B.R. 49, 55 (Bankr. W.D. Pa. 1995) (“With his appointment, the chapter 7 trustee in the above cases became the sole representative of debtors' estates. As trustee, he became the successor-in- interest to all pre-petition causes of action belonging to debtors.” (citations omitted)). On February 9 and 10, 2022, the Trustee filed Debtor’s Schedule of Assets and Liabilities and Statement of Financial Affairs, respectively (Bankr. D.I. 24, 27) (the “Schedule and Statement”). On March 3, 2022, the Bankruptcy Court entered an Order authorizing the Trustee to retain Fox Rothschild LLP (“Fox Rothschild”) as his counsel. (Bankr. D.I. 39.)

B. The Quebec Judgment and the Adversary Proceedings The following facts appear undisputed. In 2003, Kosachuk formed NLG to purchase property located in Fisher Island, Florida (the “Property”). When Liza Hazan purchased the Property, Ms. Hazan executed a promissory note in favor of NLG in the original principal amount of $1,275,000, as well as a purchase money mortgage to secure the debt. In 2007, Ms. Hazan

2 The Trustee did not participate in briefing any of these appeals. The Court appreciates Appellees’ thorough briefing. defaulted on the promissory note for failure to make payments (“NLG’s Default Judgment”). In 2012, in an unrelated matter, the Supreme Court for the State of New York in 9197-5904 Quebec, Inc. v. NLG, LLC, Case No. 2012-101875, entered a judgment by confession against NLG in favor of Quebec (the “Quebec Judgment”). Litigation ensued when the Quebec Judgment was offset against the promissory note given by Ms. Hazan.3 As set forth in detail in the Bankruptcy Court’s February 16, 2023 Opinion accompanying the Kosachuk/Selective Dismissal Order (Bankr. D.I. 147) (the “Dismissal Opinion”), the dispute

over the Property has been the subject of protracted litigation between NLG and/or Kosachuk and Ms. Hazan, Selective, and Quebec, spanning multiple jurisdictions for more than a decade. The filing of the involuntary bankruptcy created yet another forum to continue what is essentially a two-party dispute. Following the filing of the involuntary chapter 7 case, three separate adversary proceedings were commenced in the Bankruptcy Court challenging the Quebec Judgment: (i) Kosachuk v. 9197-5904 Quebec, Inc., Adv. No. 21-51264-JKS, in which Kosachuk asserted NLG’s assets were misappropriated by Selective using the “sham” Quebec Judgment;

(ii) NLG, LLC v. Selective Advisors Group, LLC, Adv. No. 22-50086-JKS (the “Trustee/Selective Adversary”), in which the Trustee sought a declaratory judgment that the Quebec Judgment is a “sham” and a declaration that the Quebec Judgment be vacated, set aside, and stricken;4 and

(iii) Kosachuk v. 9197-5904 Quebec, Inc. and Selective Advisors Group, LLC, Adv. No. 22- 50421 (the “Kosachuk/Selective Adversary”), in which Kosachuk sought to cancel the indebtedness caused by the Quebec Judgment nunc pro tunc to the date of entry on January 22, 2012.

3 Ms. Hazan’s ex-husband, Sean Neil Meehan, controls Quebec, Selective, and America Asset Management, LLC. (See Bankr. D.I. 97 at 3.)

4 This action was filed in 2018 in the United States District Court for the Southern District of Florida (the “Florida District Court”) and transferred to the Bankruptcy Court. As the Bankruptcy Court observed, “the three adversary proceedings seek essentially the same relief—namely, declarations that the Quebec Judgment, a judgment entered in 2012 by the New York state court, is void.” (Conversion Opinion at 5.) C. The Conversion Order On August 16, 2022, Appellant filed a motion seeking conversion of the case from chapter 7 to a case under chapter 11 (Bankr. D.I.

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Chris Kosachuk v. Alfred T. Guiliano, Chapter 7 Trustee for the Estate of NLG, LLC, Select Advisors Group LLC, and 9197-5904 Quebec, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/chris-kosachuk-v-alfred-t-guiliano-chapter-7-trustee-for-the-estate-of-ded-2025.