EAVF/SLF CC Leverage SPV, LLC v. BB Capital SPV, LLC
EAVF/SLF CC Leverage SPV, LLC v. BB Capital SPV, LLC
2025 WL 2320441 (Del. Ch. Aug. 11, 2025) | No. 2025-0859-BWD
Relevant Facts
EAVF/SLF CC Leverage SPV, LLC and others filed suit against BB Capital SPV, LLC and others.
The parties negotiated a stipulated confidentiality order governing discovery materials with a single tier of confidentiality.
Decision of the Court
The Court granted the parties' stipulated protective order with a single tier of confidentiality for discovery materials.
Unibank for Savings v. 999 Private Jet, LLC; SBK Holdings USA, Inc.
Nos. 19-1990, 21-1184 (1st Cir. Apr. 11, 2022)
Relevant Facts
SBK Holdings USA's president Edgar Sargsyan purchased a Gulfstream aircraft with SBK funds but registered title in his own company's name, Regdalin Aviation LLC.
Sargsyan later created 999 Private Jet, transferred ownership, and obtained a $4.3M loan from Unibank using the aircraft as collateral.
SBK intervened claiming a superior security interest.
Decision of the Court
The First Circuit affirmed summary judgment in favor of Unibank and denial of SBK's Rule 60(b) motion. SBK's claim-of-lien letter was never properly recorded with the FAA. Unibank was a good faith purchaser for value under Massachusetts UCC Section 2-403(1)(d).
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