{"id":4118,"date":"2024-10-24T11:18:19","date_gmt":"2024-10-24T15:18:19","guid":{"rendered":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/?p=4118"},"modified":"2024-10-29T14:06:35","modified_gmt":"2024-10-29T18:06:35","slug":"carl-l-bucki","status":"publish","type":"post","link":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/judges\/carl-l-bucki\/","title":{"rendered":"Carl L. Bucki"},"content":{"rendered":"<p><span data-contrast=\"auto\">1993<\/span><span data-contrast=\"none\"> \u2013 <\/span><span data-contrast=\"auto\">present<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Federal Judicial Service:<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Judge, U.S. Bankruptcy Court, Western District of New York.\u00a0 Chief Bankruptcy Judge, 2007 \u2013 present.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Member, 2nd Circuit Bankruptcy Appellate Panel, 1996-2000<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Education:<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Cornell Law School, J.D., <\/span><i><span data-contrast=\"auto\">cum laude<\/span><\/i><span data-contrast=\"auto\">, 1976<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Cornell University, B.A., <\/span><i><span data-contrast=\"auto\">magna cum laude<\/span><\/i><span data-contrast=\"auto\">, 1974<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Professional Career:<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Private Practice, Cohen Swados, Wright, Hanifin, Bradford &amp; Brett, Buffalo, New York, 1990-1993<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Private Practice, Moot &amp; Sprague, Buffalo, New York, 1983-1990<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">New York Court of Appeals, Confidential Legal Assistant to Hon. Matthew J. Jasen, 1976-1977<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Noteworthy Cases:<\/span><\/b><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><i><span data-contrast=\"auto\">In re Bush Industries, Inc.<\/span><\/i><span data-contrast=\"auto\">, No. 04-12295:<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">In this Chapter 11 case, the debtor proposed a plan providing for full payment of all claims other than a class of eight secured creditors.\u00a0 These secured creditors would then receive a proportionate interest in each of two secured notes and a prorata distribution of new common stock.\u00a0 All other prepetition stock would be cancelled.\u00a0 The Plan also provided what prepetition equity holders described as a \u201cgolden parachute\u201d for the benefit of the debtor\u2019s principal officer.\u00a0 In denying confirmation of the plan as originally proposed, the Court considered the duties that a debtor in possession owes to equity interests.\u00a0 The case is also notable for its explanation of appraisal methodologies.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><i><span data-contrast=\"auto\">In re Bush Industries, Inc.<\/span><\/i><span data-contrast=\"auto\">, 315 B.R. 292 (Bankr. W.D.N.Y. 2004)<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\"><br \/>\n<\/span><a href=\"https:\/\/casetext.com\/case\/in-re-bush-industries\"><span data-contrast=\"none\">https:\/\/casetext.com\/case\/in-re-bush-industries<\/span><\/a><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><i><span data-contrast=\"auto\">In re Colad Group, Inc.<\/span><\/i><span data-contrast=\"auto\">, No. 05-10765:<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">Shortly after the filing of its bankruptcy petition, the debtor in this Chapter 11 case filed the following motions: a motion to authorize payment of prepetition employee compensation and benefits; a motion to authorize payment of prepetition sales and use taxes; a motion to specify adequate assurance of payment for postpetition utility services and to prohibit utilities from discontinuing, altering or refusing service; a motion to authorize the debtor to implement a key employee retention and incentive program for noninsiders; a motion to approve the employment of a restructuring consultant; a motion to approve the retention of bankruptcy counsel; a motion to authorize the debtor to maintain an existing cash management system and bank accounts and to authorize the clearing of checks in transit; and an application for emergency and final authority to obtain post-petition financing.\u00a0 In its ruling on these various requests, the Court explained the purpose and function of \u201cfirstday\u201d orders in a Chapter 11 bankruptcy proceeding.<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><i><span data-contrast=\"auto\">In re Colad Group, Inc.<\/span><\/i><span data-contrast=\"auto\">, 324 B.R. 208 (Bankr. W.D.N.Y. 2005)<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\"><br \/>\n<\/span><a href=\"https:\/\/casetext.com\/case\/in-re-colad-group-1\"><span data-contrast=\"none\">https:\/\/casetext.com\/case\/in-re-colad-group-1<\/span><\/a><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><i><span data-contrast=\"auto\">In re Minor, <\/span><\/i><span data-contrast=\"auto\">Bankruptcy Case No. 09-12095, Adversary Proceeding No. 11-1036:\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span data-contrast=\"auto\">In this Chapter 7 case, the Court determined the enforceability of a presettlement finance agreement under which the debtor had received funds on account of an anticipated recovery of damages resulting from personal injury.\u00a0 The decision analyzes the application of New York law regarding usury and champerty.\u00a0 Judge Bucki ruled that although the financer could enforce its rights against exempt assets, those rights were \u201cunenforceable against the superior legal interest of a bankruptcy estate.\u201d<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p style=\"padding-left: 40px;\"><i><span data-contrast=\"auto\">In re Minor<\/span><\/i><span data-contrast=\"auto\">, 482 B.R. 80 (Bankr. W.D.N.Y. 2012)<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1993 \u2013 present\u00a0 Federal Judicial Service:\u00a0 Judge, U.S. Bankruptcy Court,  [&#8230;]<\/p>\n","protected":false},"author":5,"featured_media":4371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46,38,35],"tags":[],"class_list":["post-4118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-active-judges","category-bankruptcy-judges","category-judges"],"acf":[],"_links":{"self":[{"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/posts\/4118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/comments?post=4118"}],"version-history":[{"count":3,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/posts\/4118\/revisions"}],"predecessor-version":[{"id":4375,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/posts\/4118\/revisions\/4375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/media\/4371"}],"wp:attachment":[{"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/media?parent=4118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/categories?post=4118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/library.ca2.uscourts.gov\/wdny-125\/wp-json\/wp\/v2\/tags?post=4118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}