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IN RE BUILDERS HOLDING CO., CORP.

Case No. 16-06443 (EAG) Adv. Proceeding No. 17-00012.

617 B.R. 414 (2020)

IN RE: BUILDERS HOLDING CO., CORP., Debtor. Noreen Wiscovitch Rentas, Trustee for the Estate of Builders Holding Co., Corp., Plaintiff, v. Oriental Bank and the Puerto Rico Financing Authority, Defendants. Mapfre PRAICO Insurance Company and Endurance Assurance, Intervenor-Plaintiff, v. Oriental Bank, Builders Holding Co., Corp., and the Puerto Rico Financing Authority, Intervenor-Defendants. Oriental Bank, Counter-Claimant, v. Builders Holding Co., Corp., and Mapfre PRAICO Insurance Company and Endurance Assurance, Counter-Defendants.

United States Bankruptcy Court, D. Puerto Rico.

Signed March 31, 2020.

Attorney(s) appearing for the Case

Fausto David Godreau Zayas , Godreau & Gonzalez Law, Javier Vilarino , Vilarino & Associates LLC, San Juan, PR, for Plaintiffs.

Luis Ramon Ortiz Segura , Oliveras & Ortiz, Daniel Molina Lopez , MCD Law, LLC, Juan Carlos Berrios , San Juan, PR, for Defendants.

Cristina A. Fernandez Rodriguez , MCD Law, LLC, San Juan, PR, for Defendants/Counter-Claimant.

Jose A. Sanchez Girona , Saldana, Carvajal & Velez-Rive, PSC, San Juan, PR, for Intervenor-Plaintiff/Counter-Defendant.

OPINION AND ORDER

While seeking reorganization under chapter 11, debtor Builders Holding Co., Corp. filed a complaint against the Puerto Rico Financing Authority and Oriental Bank under Puerto Rico law and sections 542, 543, and 547 of the Bankruptcy Code.1 The complaint...

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