In re: Fulcrum Loan Holdings v. Ronald S. Leventhal; Bay Point Capital Partners II LP

United States Bankruptcy Court, N.D. Georgia·Decided September 3, 2026·No. 24-56114·Unknown

Opinion

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Bs m™ Je IT IS ORDERED as set forth below: Se iy □□□ T

Date: September 3, 2026 Jel LY’, bry! Paul W. Bonapfel U.S. Bankruptcy Court Judge

UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION IN RE: FULCRUM LOAN HOLDINGS, | CASE NO. 24-56114-PWB Debtor. CHAPTER 11 RONALD S. LEVENTHAL, ! Plaintiff, ! vs. ADV. NO. 25-5226-PWB BAY POINT CAPITAL PARTNERS II | LP, ! Defendant.

ORDER DENYING MOTIONS FOR RECUSAL

Ronald S. Leventhal, a pro se litigant in this case and adversary proceeding, has filed motions for recusal of the Undersigned (hereinafter, “the Undersigned” or

“the Court”) pursuant to 28 U.S.C. § 144 and § 455(a). [Case No. 24-56114, Doc. 630-32; Adv. No. 25-5226 Doc. 38-40]. After the Court announced in open Court on August 24, 2026, that it would deny the motions, Mr. Leventhal filed in the case and adversary proceeding an “Amended and Restated Memorandum of Law in Support of Motion for Jurisdictional Recusal” [Case No. 24-56114, Doc. 640; Adv. No. 25-5226 Doc. 44 ] and an Amended and Restated Declaration in Support of Motion to Recuse”

(Case No. 24-56114; Adv. No. 25-52267, Doc. 45 ]. Mr. Leventhal asserts that recusal is required due to “incurable personal bias, deep-seated prejudice, and a pre- determined mind against [him] particularly for availing [himself] of lawful actions and no[t] allowing unchallenged serious due process violations” that mandate immediate disqualification. [Case No. 24-56114, Doc. 632, ¶ 1; Adv. No. 25-5226,

Doc. 40 ¶ 1]. The Court has carefully considered Mr. Leventhal’s arguments and concludes that recusal is unnecessary and unwarranted because (1) 28 U.S.C. § 144 does not

apply to bankruptcy courts; and (2) Mr. Leventhal has asserted no facts that warrant recusal under 28 U.S.C. § 455(a). For the reasons stated herein, the motions for recusal are denied. I. Factual and Procedural Background

This case has a lengthy history, but it is unnecessary to reiterate it here. Briefly, this Court denied confirmation of the proposed sale of the assets of Fulcrum Loan Holdings, LLC (the “Fulcrum Property”) after a multi-day evidentiary hearing. [Case No. 24-56114, Doc. 481]. Thereafter, the Debtor’s Plan Administrator, Bay Point

Capital Partners II, LP, Wayne Lyle and Charles Cary, and Ronald S. Leventhal, attempted to mediate their disputes to resolve the outstanding sale and claim issues. The mediation was moderately successful in that the Plan Administrator, Bay Point, and Messrs. Lyle and Cary came to a resolution that settled their issues, but Mr. Leventhal and the parties did not.

After conclusion of the mediation, Bay Point, the Plan Administrator, and Messrs. Lyle and Cary filed a joint motion to modify the confirmed chapter 11 plan, approve the settlement agreement among the parties, and approve the sale of the Fulcrum Property (the “Joint Motion”). [Case No. 24-56114, Doc. 522].

The Court conducted an evidentiary hearing on the Joint Motion on July 13, 2026, and July 20, 2026. After the close of evidence and argument, the Court made its oral findings of fact and conclusions of law granting the Joint Motion on July 20, 2026.

An order granting the Joint Motion was entered July 28, 2026 (the “Joint Motion Order”). [Case No. 24-56114, Doc. 570]. Mr. Leventhal appealed the Joint Motion Order on July 28, 2026 [Doc. 572] but did not seek reconsideration of the Joint Motion Order or request a stay pending appeal before this Court. On August 7, 2026, the Court entered an Order denying Mr. Leventhal’s request for an emergency status conference. [Case No. 24-56114, Doc . 593]. On

August 14, 2026, the Court denied Mr. Leventhal’s request that the Court strike the Plan Administrator’s Notice of Sale and Occurrence of Substantial Consummation. [Case No. 24-56114, Doc. 600]. Mr. Leventhal appealed both of these Orders on August 18, 2026. [Case No. 24-56114, Doc. 603, 604].

On August 19, 2026, the Court held an emergency hearing on the motion of Bay Point (and others) to (I) Enforce Plan Injunctions; (II) Enforce Automatic Stay; (III) Strike Lis Pendens; (IV) Strike Other Liberty County Filings Made In Violation Of The Automatic Stay And/Or Plan Injunctions; (V) Enjoin Future Filings And Actions Of Ronald S. Leventhal Related To Hampton Island Or In Violation Of Plan

Injunctions; And (VI), In The Alternative, Requiring Ronald S. Leventhal To Post Bond (“the Plan Injunction Motion”). [Case No. 24-56114, Doc. 602]. At that hearing the Court advised Mr. Leventhal that it would not revisit old arguments that the Court had considered and that he had lost. The Court explained to him that a lis pendens was not a method for challenging a free and clear sale order in a bankruptcy case, and that

the procedure for doing so would be to obtain a stay pending appeal. The Court continued the hearing on the Plan Injunction Motion to August 27, 2026, but advised Mr. Leventhal that it would not hear evidence unless he filed a statement of material facts that required evidence and then explained to Mr. Leventhal what facts were and were not material. The Court also took up several housekeeping matters, such as whether the referenced adversary proceeding and another one should be dismissed given that they

appeared to have no bearing on further administration of the chapter 11 case in view of the resolution of issues as set forth above. The Court stated that it appeared dismissal was appropriate for both but did not dismiss them at the hearing. The Court continued the motion for further hearing on August 27, 2026.

Following the August 19 hearing, the Court entered an Order that scheduled a deadline of August 26, 2026, at 12:00 p.m. (the day before the continued hearing) for Mr. Leventhal to file his statement of material facts. [Case No. 24-56114, Doc. 620]. The Court’s law clerk emailed the parties a copy of the signed order on Saturday, August 22, and the Order was entered on Monday, August 24, 2026.1

In addition, the Court entered Orders in adversary proceedings 25-5221 and 25-5226 scheduling hearings on August 27 (the same day as the continued hearing on the Plan Injunction Motion) for the parties to show cause why the Court should not

dismiss or abstain from hearing them, as the Court discussed at the August 19 hearing. On August 26, 2026, at approximately 4:02 p.m., the day before the continued hearing, Mr. Leventhal filed in the case and in the referenced adversary proceeding a

1 In review of the audio transcript of the August 19, 2026, hearing during the colloquy regarding the filing of a statement of disputed material facts someone inquired as to a deadline but the Court did not give one. To avoid further delays or surprise, the Court deemed it appropriate to set a firm deadline for Mr. Leventhal to set forth any disputed material facts with regard to Bay Point’s motion. motion to recuse the Undersigned, along with memorandum of law and his declaration in support of the motion. [Case No. 24-56114, Doc. 630, 631, 632; Adv.

No. 25-5226, Doc. 38, 39, 40]. Mr. Leventhal contends that the Undersigned possesses “an incurable personal bias, deep-seated prejudice, and a pre-determined mind against me particularly for availing myself of lawful actions and no[t] allowing unchallenged serious due process violations” that mandate the Undersigned’s recusal under 28 U.S.C. 144 and 455. [Doc. 632, ¶ 1; Adv. No. 25-5226 Doc. 40, ¶ 1].

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In re: Fulcrum Loan Holdings v. Ronald S. Leventhal; Bay Point Capital Partners II LP, (Ga. 2026).

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