In re NORVERGENCE, INC., Debtor.
Charles M. Forman, Chapter 7 Trustee of the Estate of Norvergence, Inc., Plaintiff,
v.
Thomas N. Salzano, et al., Defendants.
United States Bankruptcy Court, D. New Jersey.https://leagle.com/images/logo.png
May 13, 2009.
May 13, 2009.
Attorney(s) appearing for the Case
Porzio, Bromberg & Newman, P.C. by Warren J. Martin, Jr., Esq., Douglas A. Amedeo, Esq., Robert M. Schechter, Esq., Morristown, NJ, Special Litigation Counsel to Charles M. Forman, Chapter 7 Trustee of the Estate of Norvergence, Inc.
Platzer, Swergold, Karlin, Levine, Goldberg & Jaslow, LLP by Linda Mandel Gates, Esq., New York, NY, Co-counsel for IFC Credit Corporation.
Askounis & Borst, P.C. by Vincent T. Borst, Esq., Chicago, IL, Co-Counsel for IFC Credit Corp.
Frey, Petrakis, Deeb, Blum & Briggs, P.C. by Inez M. Markovich, Esq., Louise Melchor, Esq., Cherry Hill, NJ, for Alfa Financial Corp. d/b/a OFC Capital, Dolphin Capital Corp., Liberty Bank, Sterling National Bank, PFG Commercial Finance, Commercial Finance and Information Leasing Corp. n/k/a National City Commercial Capital.
Blank Rome, LLP by Thomas E. Biron, Esq., Gregory T. Kupniewski, Esq., Philadelphia, PA, for Popular Leasing U.S.A. Inc.
Sherman, Silverstein, Kohl, Rose & Podolsky, P.A. by Jeffrey P. Resnick, Esq., Pennsauken, NJ, for First Lease, Inc.
Duane Morris LLP by David H. Stein, Esq., Newark, NJ, for Insight Financial Corporation.
Drinker, Biddle & Reath LLP by A. Dennis Terrell, Esq., Florham Park, NJ, for U.S. Express Leasing, Inc.
Farr, Burke, Gambocorta & Wright, P.C. by William G. Wright, Esq., Mount Laurel, NJ, for CitiCapital Technology Finance, Inc.
United States Bankruptcy Court, D. New Jersey.
OPINION
ROSEMARY GAMBARDELLA, Bankruptcy Judge.
MATTERS BEFORE THE COURT
In the adversary proceeding, designated as Adv. Pro. No. 06-2142 and initiated under the umbrella of the NorVergence Inc. Chapter 7 bankruptcy, a group of Defendants—CitiCapital Technology Finance, Inc. ("CitiCapital"), IFC Credit Corporation ("IFC"), FirstLease, Inc. ("First Lease"), Insight Financial Corporation, Inc. ("Insight"), Alfa Financial Corporation...
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