Case Summary: 12-cv-10749
Plaintiff Donald Lassman, the Chapter 7 trustee of Defendant’s bankruptcy estate, brought this action against Defendant Jerome Cronin to recover property from his bankruptcy estate. Defendant’s wife, Marie Cronin, is a debtor in a bankruptcy case. When Mrs. Cronin filed for bankruptcy, she notified the Bankruptcy Court of several real estate properties, bank accounts, and proceeds that she owned at the time. This Motion for Summary Judgment was brought by Plaintiff to recover the assets of which Defendant’s wife did not notify the Bankruptcy Court.
In this video, the Court hears oral arguments of Plaintiff and Defendant regarding all the property that was undisclosed. Plaintiff argues that judgment should be rendered against Defendant because Mrs. Cronin deliberately failed to disclose all the property she owned, including bank accounts, homes, and awards from prior lawsuits. Plaintiff also asserts that Defendant knew of Mrs. Cronin’s assets but failed to disclose it. Defendant also moves for Summary Judgment, arguing that Plaintiff has no evidence that Defendant owned the property, or that Defendant, or his wife, was taking money from the bank accounts for their benefit during the bankruptcy. The Court denies Defendant’s cross-motion for Summary Judgment and grants in part Plaintiff’s motion for Summary Judgment, allowing Plaintiff to receive a share of the value of the undisclosed assets.
Case Highlights
- Motion to Withdraw Reference filed 4/27/2012 (Doc #1)
- Motion for Summary Judgment filed 10/11/2013 (Doc #22)
Case-related documents, including those referenced above, are available via the Public Access to Court Electronic Records (PACER) service. For more information, visit Pacer.gov.
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