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NEW CENTURY LIQUIDATING TRUST FILES EMERGENCY MOTION RE PLAN INJUNCTION

NEW CENTURY LIQUIDATING TRUST FILES EMERGENCY MOTION RE PLAN INJUNCTION

Ratings: (0)|Views: 1,835|Likes:
Published by 83jjmack
THIS REFERS TO TWO 2008 ORDERS BY THE JUDGE IN THIS BANKRUPTCY CASE. A HOMEOWNER-BORROWER HAS BEEN LITIGATING IN THAT COURT SINCE 2007 AND IN OTHER STATE COURTS.

THERE HAS BEEN A CONCEALMENT OF THE TWO 2008 ORDERS LIFTING THE STAY BY THE LIQUIDATING TRUST AND THE COURT.

THE HOMEOWNER-BORROWER HAS ALSO ASKED FOR A CLARIFICATION OF THE TWO 2008 ORDERS LIFTING THE STAY SO SERVICERS CAN FORECLOSE.
THE TRUST AND THE COURT ARE TRYING TO SAY THAT IT IS NOT MEANT FOR HOMEOWNER-BORROWERS...ONLY FOR SERVICERS.

ISN'T THIS A VIOLATION OF DUE PROCESS----THE LIFT STAY CANNOT BE JUST FOR ONE SIDE...CAN IT?

GO TO PACER AND YOU CAN SEE MORE DOCUMENTS. THE MAIN CASE # IS 07-10416
IN DELAWARE
THIS REFERS TO TWO 2008 ORDERS BY THE JUDGE IN THIS BANKRUPTCY CASE. A HOMEOWNER-BORROWER HAS BEEN LITIGATING IN THAT COURT SINCE 2007 AND IN OTHER STATE COURTS.

THERE HAS BEEN A CONCEALMENT OF THE TWO 2008 ORDERS LIFTING THE STAY BY THE LIQUIDATING TRUST AND THE COURT.

THE HOMEOWNER-BORROWER HAS ALSO ASKED FOR A CLARIFICATION OF THE TWO 2008 ORDERS LIFTING THE STAY SO SERVICERS CAN FORECLOSE.
THE TRUST AND THE COURT ARE TRYING TO SAY THAT IT IS NOT MEANT FOR HOMEOWNER-BORROWERS...ONLY FOR SERVICERS.

ISN'T THIS A VIOLATION OF DUE PROCESS----THE LIFT STAY CANNOT BE JUST FOR ONE SIDE...CAN IT?

GO TO PACER AND YOU CAN SEE MORE DOCUMENTS. THE MAIN CASE # IS 07-10416
IN DELAWARE

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Published by: 83jjmack on May 19, 2011
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File a Motion:
07-10416-KJC New Century TRS Holdings, Inc.
U.S. Bankruptcy Court
 
District of Delaware
 Notice of Electronic FilingThe following transaction was received from Alan Michael Root entered on 5/18/2011 at 4:44 PM EDT and filed on 5/18/2011
Docket Text:
 Emergency Motion to Approve
 // The New Century Liquidating Trust's Emergency Motion to (I) Enforce the Modified Confirmation Order as it Relates to the Plan Injunctionand (II) Clarify the Global Relief Stay Order Dated September 3, 2008
Filed by New Century Liquidating Trust. (Attachments: # (1) Notice # (2) Exhibit A# (3) Exhibit B#(4) Exhibit C# (5) Exhibit D# (6) Exhibit E# (7) Exhibit F# (8) Proposed Form of Order) (Root, Alan)The following document(s) are associated with this transaction:
07-10416-KJC Notice will be electronically mailed to:
Type: bkChapter: 11 vOffice: 1 (Delaware)Assets: yJudge: KJCCase Flag: APPEAL, MEGA, LEAD, CLMSAGNT, Sealed Doc(s), CONFIRMED
Case Name:
New Century TRS Holdings, Inc.
Case Number:
07-10416-KJC
Document Number:
10483 
Document description:
Main Document
Original filename:
C:\fakepath\NC- Motion to Enforce Plan Injunction _final version.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-0][107b4f37c60db235a0d032cd0c5b12351ee57047f327f951e7be19f1ebd813be567c14b19e10f8927d8fbc13141d7cb7d5170f8e2f5371437a921b9364269c67]]
Document description:
Notice
Original filename:
C:\fakepath\NC - Notice of Motion to Enforce Plan Injunction.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-1][0a74b635b3d1324364a64a737598afcff0bc3416edf0e18f8a65e9c919ff61718081b0082ce12eacb240c0f0d659d93c053537498b4ad42c7180bc1383422851]]
Document description:
Exhibit A
Original filename:
C:\fakepath\Exhibit A - Settlement Agreement.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-2][7480c5db6fcb1f04ef1c29461c64968c503c2cb5d2d4a5da9eb44e89a545a34380020e03b854d071b5b41f2cf49da0571791a64a22bf6eefd303d8e2508b50a9]]
Document description:
Exhibit B
Original filename:
C:\fakepath\Exhibit B - Marks April 12, 2011 letter.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-3][92df5a2d6e662e0c6b011fe65fea9e60f851e63bfd4e7ad6bb52dc2e2f0d39671d1ef2fbb12b9e9611c8bc715e951856fdda7f97be20be80005d8d9af028a39f]]
Document description:
Exhibit C
Original filename:
C:\fakepath\Exhibit C - Second Amended Complaint - CA.PDF
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-4][98d974f4e6fea9a972808ae15a0f65d429eda42959b552be022d7b4a1c8b50b1fcaa279254137a5762862c7323104ac89938c9c251b48fb5e1f5db44f7d77cfb]]
Document description:
Exhibit D
Original filename:
C:\fakepath\Exhibit D - Trust Letter Dated May 12, 2011.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-5][68dad6ab289e2ec5525a73ddb16748e9df2febf5049439c3733de2805e83160202678c0e8a723aedb7c9c1caa71b59e483626f3d4abf90c08300d8a96f78313c]]
Document description:
Exhibit E
Original filename:
C:\fakepath\Exhibit E - Email from Leslie Marks Dated May 12, 2011.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-6][1835541591e7a13376cc94002e5aa2401efe58703a7b9bf3fa74752aebb73bc0f9238001a4de79cfade2e1d50ce4e377a908a12f64fb53a0e0ca7085af8d96f0]]
Document description:
Exhibit F
Original filename:
C:\fakepath\Exhibit F - Pages 1 - 6 and 59 - 63 from Court Transcript -5.10.11 hearing.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-7][53cd8b9e3389c68ad3581da047ecdfe513a52d6e2638e6ebe7136da1f1200927b8b98f0374f97af98c2310192f69d6caf8a932b36bf9db172e9073dc3fcdfadf]]
Document description:
Proposed Form of Order
Original filename:
C:\fakepath\NC - Order Enjoining Marks _final version _2_.pdf 
Electronic document Stamp:
 [STAMP bkecfStamp_ID=983460418 [Date=5/18/2011] [FileNumber=9665100-8][71677d3e134e34f6bb95a99864207038fc5ea99625cfaf0547109bace920197fc3c7b795e4a67902668306e479ee0f35211760f998add07e683fdc16c18d1a0f]]
Page 1of 28Internal CM/ECF Live Database5/18/2011https://ecf.deb.uscourts.gov/cgi-bin/Dispatch.pl?884886210134727
 
 Kenneth E. Aaron on behalf of Creditor National City Commercial Capital Company, LLCDE_BANKRUPTCY@weirpartners.com, smazur@weirpartners.comDavid G. Aelvoet on behalf of Creditor Bexar Countydavida@publicans.comJustin R. Alberto on behalf of Defendant United Healthcare Insurance Companyalberto@bayardlaw.com, bankserve@bayardlaw.com,tmatthews@bayardlaw.com;sbreckenridge@bayardlaw.com,lmorton@bayardlaw.com,cdavis@bayardlaw.comElihu Ezekiel Allinson, III on behalf of Creditor Town Park Renaissance, LLCZAllinson@SHA-LLC.com, ecf@williamdsullivanllc.com;KDavis@SHA-LLC.com;hcoleman@sha-llc.comHeather Lynn Anderson on behalf of Creditor New Jersey Division of Taxationheather.anderson@dol.lps.state.nj.usDaniel K. Astin on behalf of Attorney Fox Rothschild LLPdastin@ciardilaw.com, vfrew@ciardilaw.com;dchigges@ciardilaw.com;mflores@ciardilaw.comDaniel K. Astin on behalf of Defendant Positive Software Solutions, Inc.dastin@foxrothschild.comMary E. Augustine on behalf of Defendant Opus Solutions, LLCmaugustine@bglawde.comMary E. Augustine on behalf of Defendant Opus Solutions, LLCmaugustine@bglawde.comRobert T. Aulgur on behalf of Creditor Fidelity Bank bk.service@aulgur.comMatthew P. Austria on behalf of Defendant Bryan Enterprises, Inc. d/b/a Bryan Pressmaustria@werbsullivan.comDavid G. Baker on behalf of Creditor Diane Oliveiraecf@bostonbankruptcy.orgElizabeth Banda Calvo on behalf of Creditor Arlington ISDrgleason@pbfcm.com, ebcalvo@pbfcm.comJohn T Banks on behalf of Interested Party Hidalgo Countybanks@pbfcm.comRichard A. Barkasy on behalf of Defendant Canon Financial Services, Inc.rbarkasy@schnader.comRobert R. Barnes on behalf of Defendant Allen Matkins, Leck, Gamble, Mallory & Matsis, LLPbbarnes@allenmatkins.comThomas D.H. Barnett on behalf of Creditor LaSalle Bank National Association, as Trusteedeecf@drapgold.com, michelleh@drapgold.com;jacobe@drapgold.com;dominettec@drapgold.com;pamelatd@drapgold.comRichard Michael Beck on behalf of Defendant WELLS FARGO BANK N.A. a/k/a WELLS FARGO ITS, as trustee of the trust formed under the New Century FinancialCorporation Supplemental Benefit and Deferred Compensation Trust Agreementrbeck@klehr.com, lstanton@klehr.comDoreen H. Becker on behalf of Creditor Novastar Mortgage, Inc.dbeckeresq@verizon.netRichard D. Becker on behalf of Interested Party Regions Bank rickbecker@comcast.netSteven N. Berger on behalf of Defendant Fusion Marketing Partners LLC n/k/a Fusion Contact Centers LLCsnb@engelmanberger.com, sjm@engelmanberger.comDon A. Beskrone on behalf of Creditor S. William Maneradbeskrone@ashby-geddes.comIan Connor Bifferato on behalf of Attorney Bifferato LLCcbifferato@bifferato.com, dfeinberg@lewisfeinberg.comKaren C Bifferato on behalf of Creditor Washington Mutual Bank kbifferato@cblh.comJoseph J. Bodnar on behalf of Creditor Mark Malovosbodnar@BodnarLaw.net, jjbodn@aol.comJoseph Bodnar on behalf of Plaintiff Alan M. Jacobs, as Liquidating Trustee, of the New Century Liquidating Trustbodnar@bodnarlaw.netHilary B Bonial on behalf of Creditor CitiMortgage, Inc.notice@bkcylaw.comWilliam Pierce Bowden on behalf of Plaintiff UBS Real Estate Securities Inc.wbowden@ashby-geddes.com
Page 2of 28Internal CM/ECF Live Database5/18/2011https://ecf.deb.uscourts.gov/cgi-bin/Dispatch.pl?884886210134727
 
 
130566.01600/40195156v.1
 
IN THE UNITED STATES BANKRUPTCY COURTFOR THE DISTRICT OF DELAWARE
IN RE:NEW CENTURY TRS HOLDINGS, INC.,
et al
., a Delaware Corporation,Debtors.
1
 Chapter 11Case No. 07-10416 (KJC)
Hearing Date: TBD; Expedited Consideration RequestedObjection Deadline: TBD; Expedited Consideration Requested
NOTICE OF THE NEW CENTURY LIQUIDATING TRUST’S EMERGENCYMOTION TO (I) ENFORCE THE MODIFIED CONFIRMATION ORDER AS ITRELATES TO THE PLAN INJUNCTION AND (II) CLARIFY THEGLOBAL RELIEF STAY ORDER DATED SEPTEMBER 3, 2008
TO: Parties required to receive notice pursuant to Del. Bankr. LR 2002-1.Alan M. Jacobs, in his capacity as Liquidating Trustee to the New Century LiquidatingTrust (the “Trust”), by and through his undersigned counsel filed the
 New Century LiquidatingTrust’s Emergency Motion to (I) Enforce the Modified Confirmation Order as it Relates to thePlan Injunction and (II) Clarify the Global Relief Stay Order Dated September 3, 2008
(the“Injunction Motion”) with the United States Bankruptcy Court for the District of Delaware, 824Market Street, Wilmington, Delaware 19801 (the “Bankruptcy Court”). Copies of the InjunctionMotion are available upon written request to the undersigned.
1
 
The pre-confirmation Debtors were the following entities: New Century Financial Corporation (f/k/a NewCentury REIT, Inc.), a Maryland corporation; New Century TRS Holdings, Inc. (f/k/a new Century FinancialCorporation), a Delaware corporation; New Century Mortgage Corporation (f/k/a JBE Mortgage) (d/b/a NCMCMortgage Corporate, New Century Corporation, New Century Mortgage Ventures, LLC), a California corporation;NC Capital Corporation, a California corporation; Home123 Corporation (f/k/a The Anyloan Corporation,1800anyloan.com, Anyloan.com), a California corporation; New Century Credit Corporation (f/k/a Worth FundingIncorporated), a California corporation; NC Asset Holding, L.P. (f/k/a NC Residual II Corporation), a Delawarelimited partnership; NC Residual III Corporation, a Delaware corporation; NC Residual IV Corporation, a Delawarecorporation; New Century R.E.O. Corp., a California corporation; New Century R.E.O. II Corp., a Californiacorporation; New Century R.E.O. III Corp., a California corporation; New Century Mortgage Ventures, LLC (d/b/aSummit Resort Lending, Total Mortgage Resource, Select Mortgage Group, Monticello Mortgage Services, AdAstra Mortgage, Midwest Home Mortgage, TRATS Financial Services, Elite Financial Services, Buyers AdvantageMortgage), a Delaware limited liability company; NC Deltex, LLC, a Delaware limited liability company; NCoral,L.P., a Delaware limited partnership; and New Century Warehouse Corporation, a California corporation.

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