In Re: CLST Enterprises, LLC

CourtDistrict Court, S.D. New York
DecidedApril 10, 2025
Docket1:25-cv-02925
StatusUnknown

This text of In Re: CLST Enterprises, LLC (In Re: CLST Enterprises, LLC) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In Re: CLST Enterprises, LLC, (S.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT D DO AC TE # : F ILED: 4/10/20 25 SOUTHERN DISTRICT OF NEW YORK CARL THOMSON, Appellant, -against- KENNETH SILVERMAN, 25-cv-2925 (MKV) Appellee. ORDER DENYING APPLICATION FOR EMERGENCY RELIEF IN RE CLST ENTERPRISES, LLC, Debtor MARY KAY VYSKOCIL, United States District Judge: On April 9, 2025, Carl Thomson filed an appeal from the March 27, 2025 decision of the Bankruptcy Court (Glenn, C.J.) granting the Chapter 11 Trustee’s motion to sell the Debtor’s property, which decision requires that Thomson and his wife vacate the premises by April 11, 2024 [ECF Nos. 1, 1-1 (“Bankr. Op.”), 1-2]. At approximately 5:25 p.m. on April 9, 2025, Thomson filed an application for emergency relief staying the April 11, 2024 eviction pending resolution of his appeal [ECF No. 4 (“Mot.”)]. The Debtor is a single-asset real estate debtor, and its only asset is a brownstone located at 19 East 75th Street, New York, New York 10021 (the “Property”) [24-bk-10596, Doc. No. 36]. See Bankr. Op. at 3. Thomson and his wife are each fifty-percent members of the Debtor. Id. They live in the Property and do not pay rent to the Debtor. Id. Approximately one year ago, on April 8, 2024, Thomson filed a voluntary petition for relief pursuant to Chapter 11 of the Bankruptcy Code on the Debtor’s behalf [24-bk-10596, Doc. Nos. 1–3]. See id.; see also id. at 14. Thereafter, 75 Street Servicing LLC, a secured judgment creditor, filed a motion requesting the appointment of Chapter 11 trustee for the Debtor, arguing that “[t]he sole purpose for the commencement of [the bankruptcy] case was to frustrate 75 Street Servicing’s legitimate efforts to enforce its rights by impeding a foreclosure sale [that had been] scheduled to

proceed the day the Debtor commenced this case” [24-bk-10596, Doc. No. 16 at 2]. The Bankruptcy Court granted the request and later appointed Kenneth P. Silverman, Esq. as the Chapter 11 Trustee for the Debtor [24-bk-10596, Doc. Nos. 36, 53, 56–57]. The Trustee promptly moved for orders authorizing him, among other things, to conduct a public auction sale of the Property and to direct Thomson and his wife to vacate the Property. See Bankr. Op. at 4. Thomson objected, arguing that: (1) as a fifty-percent member of the Debtor, Thomson had lacked authority to commence the Chapter 11 proceeding; (2) his wife lacked the mental capacity to authorize commencing the Chapter 11 proceeding; and (3) the proposed sale overlooks his wife’s interests and thus violates 11 U.S.C. § 363. Id. at 7. In a thorough and well-reasoned opinion, Chief Judge Glenn granted the motion of the

Trustee, approved the auction sale, and overruled Thomson’s objections. Chief Judge Glenn explained that the Trustee has “articulated a sound business purpose for the Auction Sale.” Id. at 11 (citing In re Chateaugay, 973 F.2d 141 (2d Cir. 1992); In re Lionel Corp., 722 F.2d 1063 (2d Cir. 1983); In re Ionosphere Clubs, Inc., 98 B.R. 174, 175 (Bankr. S.D.N.Y. 1989)) and otherwise satisfied the requirements of Section 363 of the Bankruptcy Code and the related local rule General Order M-383. Chief Judge Glenn further ruled that removal of Thomson and his wife “is necessary and appropriate,” in light of their alleged belligerence and uncooperative behavior regarding the sale, in order to maximize the value of the Debtor’s asset. Id. at 13–14. Chief Judge Glenn rejected Thomson’s argument that Thomson had lacked authority to commence the Chapter 11 proceeding. Id. at 14. In particular, Chief Judge Glenn explained that both Thomson and his wife had signed an Amended Operating Agreement that gave Thomson “alone . . . the authority to sign the Chapter 11 Petition.” Id. Chief Judge Glenn also expressly

rejected the argument that the asserted lack of mental capacity of Thomson’s wife was a reason to “hinder the approval of the Auction Sale,” noting that her asserted lack of mental capacity was raised for the first time “in an apparent effort to forestall the sale.” Id. at 15. “It is well established that in this Circuit the standard for an entry of a TRO is the same as for a preliminary injunction.” Andino v. Fischer, 555 F. Supp. 2d 418, 419 (S.D.N.Y. 2008); Echo Design Group, Inc. v. Zino Davidoff S.A., 283 F. Supp. 2d 963, 966 (S.D.N.Y. 2003). “Such relief ‘is an extraordinary and drastic remedy” that “should not be granted unless the movant, by a clear showing, carries the burden of persuasion.’” Moore v. Consol. Edison Co., 409 F.3d 506, 510 (2d Cir. 2005) (quoting Mazurek v. Armstrong, 520 U.S. 968, 972 (1997)). The movant must show “that he is likely to succeed on the merits, that he is likely to suffer irreparable harm in the absence

of preliminary relief, that the balance of equities tips in his favor, and that an injunction is in the public interest.” JTH Tax, LLC v. Agnant, 62 F. 4th 658, 667 (2d Cir. 2023) (quoting Winter v. Nat. Res. Def. Council, Inc., 555 U.S. 7, 24 (2008)). Thomson has not carried his burden to obtain extraordinary injunctive relief. The record in this appeal reflects that Thomson has long been aware of the likelihood that he would be required to vacate the Property. Indeed, the record reflects that a “foreclosure sale [had been] scheduled to proceed the day the Debtor commenced” the Chapter 11 case [24-bk-10596, Doc. No. 16 at 2]. Yet Thomson inexplicably delayed filing this appeal and his application for emergency relief after the Bankruptcy Court order issued. Specifically, on March 27, 2025, Chief Judge Glenn issued the order requiring Thomson and his wife to vacate the Property by April 11, 2025. Thomson, however, waited until the evening of April 9th to seek a stay of the April 11th eviction. That delay smacks of gamesmanship and undermines his argument for irreparable harm. See Hopkins Hawley LLC v. Cuomo, 2021 WL

8200607, at *1 (S.D.N.Y. Jan. 8, 2021); Hodnett v. Medalist Partners Opportunity Master Fund II-a, L.P., 2021 WL 535485, at *8 (S.D.N.Y. Feb. 12, 2021); Monowise Ltd. Corp. v. Ozy Media, Inc., 2018 WL 2089342, at *1 (S.D.N.Y. May 3, 2018) (a court “must consider a plaintiff’s delay in seeking relief”) (collecting cases). Furthermore, Thomson has not made the requisite “clear showing” that he is likely to succeed on the merits of his appeal. Moore, 409 F.3d at 510. In his application for emergency relief, Thomson argues that the Bankruptcy Court erred because (1) Thomson lacked authority to file the Chapter 11 petition, (2) “consent . . . was needed but not obtained from [his] potentially vulnerable and mentally” wife, and (3) the “Auction Sale and Immediate Eviction do not meet the Lionel (‘Business Judgment Test’)” [sic]. Mot. at 1; see id. at 29–31. Thomson has failed to carry

his heavy burden of persuasion to obtain “extraordinary and drastic” preliminary relief based on any of these arguments. Moore, 409 F.3d at 510 The Court has carefully reviewed Thomson’s application for emergency relief and Chief Judge Glenn’s cogent opinion. The Court has also carefully reviewed other pertinent Bankruptcy Court filings. The record at this stage supports Chief Judge Glenn’s rulings that the Trustee has identified sound business reasons selling the Property, which appears to be the Debtor’s only asset, and requiring Thomson and his wife to vacate the Property. See In re Lionel Corp., 722 F.2d at 1069.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Charette v. Town Of Oyster Bay
159 F.3d 749 (Second Circuit, 1998)
Mazurek v. Armstrong
520 U.S. 968 (Supreme Court, 1997)
Andino v. Fischer
555 F. Supp. 2d 418 (S.D. New York, 2008)
In Re Ionosphere Clubs, Inc.
98 B.R. 174 (S.D. New York, 1989)
Echo Design Group, Inc. v. Zino Davidoff S.A.
283 F. Supp. 2d 963 (S.D. New York, 2003)
Philips Lighting Co. v. Schneider
636 F. App'x 54 (Second Circuit, 2016)
JTH Tax D/B/A Liberty Tax Service v. Agnant
62 F.4th 658 (Second Circuit, 2023)

Cite This Page — Counsel Stack

Bluebook (online)
In Re: CLST Enterprises, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-clst-enterprises-llc-nysd-2025.