# Eletson Holdings Inc.

> United States Bankruptcy Court, S.D. New York · December 30, 2025

URL: https://www.frixlaw.com/law-library/cases/11233446

## Case

- **Full name:** In re: Eletson Holdings Inc.
- **Court:** United States Bankruptcy Court, S.D. New York
- **Decided:** December 30, 2025
- **Opinion:** 100trialcourt
- **Cited by:** 0 later opinions in the Frix Law Library

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## Opinion text

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK FOR PUBLICATION
esto xX
In re: Chapter 11
ELETSON HOLDINGS INC..,! : Case No. 23-10322(JPM)

Debtor. :
eX

MEMORANDUM OPINION AND ORDER DENYING MOTION OF ROLNICK
KRAMER SADIGHI LLP, LASSIA INVESTMENT COMPANY, GLAFKOS TRUST
COMPANY, FAMILY UNITY TRUST COMPANY, AND ELAFONISSOS SHIPPING
CORPORATION TO QUASH OR, IN THE ALTERNATIVE, FOR A PARTIAL
PROTECTIVE ORDER

! Prior to November 19, 2024, the debtors in these cases were: Eletson Holdings Inc., Eletson
Finance (US) LLC, and Agathonissos Finance LLC (the “Debtors’”). On March 5, 2025, the Court
entered a final decree and order closing the Chapter 11 cases of Eletson Finance (US) LLC and
Agathonissos Finance LLC. Commencing on March 5, 2025, all motions, notices, and other
pleadings relating to any of the Debtors shall be filed in the Chapter 11 case of Eletson Holdings
Inc. The Debtor’s mailing address is c/o Herbert Smith Freehills Kramer (US) LLP, 1177 Avenue
of the Americas, New York, New York 10036.

JOHN P. MASTANDO III
UNITED STATES BANKRUPTCY JUDGE
I. INTRODUCTION
On September 22, 2025, this Court entered a judgment (“September 22, 2025 Judgment”)
in favor of Eletson Holdings, Inc. (“Holdings”) against Family Unity Trust Company, Glafkos
Trust Company, and Lassia Investment Company (“Former Majority Shareholders”); Vasilis
Hadjieleftheriadis; Konstatinos Chatzieleftheriadis, Ioannis Zilakos, Niki Zilakos, Adrianos
Psomadakis-Karastamatis, Eleni Giannakopoulous, Panos Paxinoz, and Emmanel Andreulaks
(“Purported Provisional Board”); Elafonissos Shipping Corporation (“Elafonissos”) and Keros
Shipping Corporation (collectively, “Former Minority Shareholders”); and Laskarina Karastamati

(collectively with all proceeding, save Holdings, “Judgment Debtors”). Dkt No. 1836.2
Before the Court is the Motion of Rolnick Kramer Sadighi LLP, Lassia Investment
Company, Glafkos Trust Company, Family Unit Trust Company, and Elafonissos Shipping
Corporation to Quash or, in the Alternative, for a Partial Protective Order (“Motion”) filed
November 21, 2025. Dkt. No. 1888. In support of the Motion is the declaration of Justin Harris
(“Harris Declaration”). Dkt. No. 1889. The Motion seeks to quash subpoenas – or, in the
alternative, to limit their scope – issued by Holdings to Rolnick Kramer Sadighi LLP (“RKS”) and
Reed Smith LLP (“Reed Smith”) to assist in collecting the September 22, 2025 Judgment.
The Court is further in receipt of Holdings’ opposition to the Motion (“Opposition”) filed
December 5, 2025. Dkt. No. 1904. In support of the Opposition is the declaration of Jaclyn Grodin

(“Grodin Declaration”). Dkt. No. 1905.

2 All references to “Dkt. No.” absent a separate case name and number refer to docket entries in
this case. References to “Dkt. No.” that include a separate case name and number, as in Avalon
Holdings Corp. v. Guy Gentile, Case No. 18-cv-7291 (DLC) (RLJ), Dkt. No. 359-1, refer to the
docket entries in the case name and number included.
The Court is also in receipt of the reply in support of the Motion (“Reply”) filed by RKS,
the Former Majority Shareholders, and Elafonissos (together with the Former Majority
Shareholders, the “Former Foreign Shareholders,” and collectively, with RKS, “Movants”) filed
December 12, 2025. Dkt. No. 1916. In support of the Reply is the declaration of Richard Bodnar.
Dkt. No. 1917.

The Court held a hearing on the Motion on December 19, 2025.
II. JURISDICTION
The Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 1334 and 157(a) and
(b)(1) and the Amended Standing Order of Reference dated January 31, 2012 (Preska, C.J.). This
is a core proceeding pursuant to 28 U.S.C. § 157(b)(2)(L).
III. BACKGROUND
The Motion begins by noting that Elafonissos moves to quash based on lack of personal
jurisdiction, and for the subsequent bases to be described below only upon a finding that that this
Court has personal jurisdiction over Elafonissos.3 Motion at 1 n.2.

The Motion then argues that the Former Foreign Shareholders have standing to oppose the
subpoena issued to Reed Smith, because that subpoena seeks information concerning the funds or
assets of the Judgment Debtors, which includes the Former Foreign Shareholders, and that
information will be used to collect a debt from the Former Foreign Shareholders. Motion at 6–7.

3 Elafonissos raised this personal jurisdiction challenge in its March 27, 2025 motion to reconsider
two of this Court’s prior sanctions orders. Dkt. No. 1569. The Court denied the motion on July
2, 2025, holding that the Court had personal jurisdiction over Elafonissos, as Elafonissos had
received actual notice of this Court’s orders and proceedings, Elafonissos had voluntarily appeared
before the Court and consented to its jurisdiction, and Elafonissos had sufficient minimum contacts
with this forum. Dkt. Nos. 1714 (07/07/25 Or.), 1721 (Tr. of 07/02/25 Hr’g) at 13, 28–47.
Elafonissos appealed, Dkt. No. 1725 (Notice of Appeal), and that appeal is pending in the District
Court.
Next, the Motion argues that the subpoenas are null and void under New York Civil
Practice Law and Rules (“C.P.L.R.”) § 5224, because the subpoenas fail to comply with the
certification requirement of § 5224(a)(3)(i), and § 5224(a)(3)(ii) states that a failure to comply with
§ 5224(a)(3)(i) renders the subpoenas null and void. Id. at 7–9. Specifically, the Motion argues

that the certifications in the subpoenas state their compliance with § 5224, but fail to state their
compliance with New York General Business Law (“G.B.L.”) § 601, which is also required by §
5224(a)(3)(i). Id. at 8. Further, the Motion argues that the subpoenas substituted the phrase “one
or more of the Judgment Debtors” in place of “debtor” in the following phrase of the certification
required by § 5224(a)(3)(i): “I have a reasonable belief that the party receiving this subpoena has
in their possession information about the debtor” (all caps formatting removed). Id. at 8–9. The
Motion asserts that Holdings lacks this requisite, reasonable belief, as “RKS represents only the
four [Former] Foreign Shareholders,” “Reed Smith has only represented the bankruptcy debtors,
none of which are Judgment Debtors,” and “RKS has no affiliation with most of the fourteen
debtors the Subpoenas target, and Reed Smith may not have any either.” Id. at 9.

The Motion further argues that the subpoena as to RKS seeks “to impair RKS’s ability to
represent the [Former] Foreign Shareholders–including in the appeal of the very orders and
judgments the Subpoena purports to be related to.” Id. at 10. The Motion argues that the subpoena
improperly targets RKS to “manufacture” a conflict of interest between it and its clients, by asking
RKS to disclose client information learned during the course of its representation, and that
Holdings alternatively could have subpoenaed the Former Foreign Shareholders themselves
(which Holdings eventually did), or “counterparties” to their business deals. Id. (citing Astraea
NYC LLC v. Rivada Networks, Inc., 592 F. Supp. 3d 181, 183 (S.D.N.Y. 2022)). The Motion also
argues that the timing of the subpoenas, “right after” RKS appealed the September 22, 2025
Judgment, “strongly suggests” a plan to “reduce the likelihood of appellate review and introduce
uncertainty into the attorney-client relationship.” Id. at 10–12.
Alternatively, if this Court enforces the subpoenas, the Motion asks for a protective order
limiting their scope, arguing that the subpoenas are overbroad in instructing RKS and Reed Smith
to provide information concerning all fourteen Judgment Debtors, even though RKS only

represents four, concerning time before RKS’s representation in this case and extending into the
future. Id. at 12–13. Further, the Motion argues that the requested information – “any and all”
entities, accounts, or assets associated with any Judgment Debtor; “any transfers” from a Judgment
Debtor; and “any deposits or escrowed assets” the firm is aware of that may be returned to any
Judgment Debtor – is overbroad, especially as it is not limited to non-privileged information. Id.
at 13. Accordingly, the Motion requests a limitation on the subpoenas “to tailor their requests
more narrowly and eliminate from their scope any information that may be privileged or
excessive.” Id. at 14.
In response, Holdings first argues that the language in the subpoenas’ certifications is

appropriate. Opposition at 3 (citing Avalon Holdings Corp. v. Guy Gentile, Case No. 18-cv-7291
(DLC) (RLJ), Dkt. No. 359-1). Holdings distinguishes the authorities cited by RKS, arguing that
none “stand for the proposition that the Information Subpoenas are invalid for any minor deviation
from the language of the statute, which of course is not the law.” Id. at 4. In any event, Holdings
asserts that RKS’s argument is now moot, as the declaration of Jaclyn Grodin included with the
Opposition “includes a supplemental attorney certification . . . that tracks the langue of C.P.L.R. §
5224(a)(3)(i).” Id. (citing Grodin Declaration at ¶ 9). Holdings contends that it “has a reasonable
belief that both Reed Smith and RKS each have relevant information about each of the fourteen
Judgment Debtors.” Id. (emphasis removed). The Opposition further notes that the “Motion
should also be denied because the [Movants] failed to meet and confer in a ‘good faith effort,’” as
RKS failed to raise the argument during the meet-and-confer that the subpoenas were invalid based
on the language in the certifications. Id. n. 3.
The Opposition next argues that the subpoenas are “narrowly tailored to seek information
from RKS and Reed Smith to collect a debt from the judgment debtors.” Id. at 5–6. Further, the

Opposition argues that RKS and Reed Smith, despite being counsel, are proper targets for
discovery. Id. at 6 (citing Avalon Holdings Corp. v. Gentile, 350 F.R.D. 8, 14 (S.D.N.Y. 2025)).
Further, the Opposition argues that the subpoenas do not target privileged information; rather, the
subpoenas properly seek “information concerning payments made by the Judgment Debtors, the
dates, amounts, accounts from which such payments were made, and the escrow accounts held on
behalf of the Judgment Debtors.” Id. at 7. Lastly, the Opposition argues that the subpoenas do
not undermine appellate review, especially as the Judgment Debtors failed to seek a stay of the
September 22, 2025 Judgment, and thus it is immediately enforceable notwithstanding any appeal.
Id. at 7–8.

The Reply repeats RKS’s argument that the subpoenas are null and void based on their
purportedly deficient certifications. Reply at 2–4, 6–7. The Reply also repeats RKS’s argument
that Holdings lacks the reasonable belief necessary to issue the subpoenas, as neither RKS nor
Reed Smith “has ties to all fourteen of the judgment debtors.” Id. at 4–5. The Reply argues that
Avalon Holdings Corp. does not supply precedent for upholding the certification’s language, as
the court there did not “decide or even consider the sufficiency of any subpoena certification,” as
it was not raised by the parties. Id. at 5–6. The Reply also argues that the subpoenas are void ab
initio, and cannot be “retroactively validated” by a new declaration “supplying a supplemental
attorney certification that tracks the statute.” Id. at 7–8. Further, the Reply argues that Holdings
misrepresents RKS’s good faith efforts at the meet-and-confer over the subpoenas, and that the
meet-and-confer was in any event futile given the parties’ disagreement as to whether the
subpoenas are void. Id. at 8–9. The Reply also repeats RKS’s argument that the subpoenas
“insert[] conflicts of interest into RKS’s ongoing representation of the Foreign Shareholders.” Id.
at 9–11. And lastly, the Reply repeats RKS’s request for a protective order. Id. at 11–12.

IV. LEGAL ANALYSIS
A. Legal Standard
“[B]road post-judgment discovery in aid of execution is the norm in federal and New York
state courts.” EM Ltd. v. Republic of Argentina, 695 F.3d 201, 207 (2d Cir. 2012). “Post-judgment
discovery is governed by Federal Rule of Civil Procedure 69, which provides that ‘[i]n aid of the
judgment or execution, the judgment creditor . . . may obtain discovery from any person –
including the judgment debtor – as provided in these rules or by the procedure of the state where
the court is located.’” Id. (quoting Fed. R. Civ. P. 69(a)(2)). “The scope of discovery under Rule
69(a)(2) is constrained principally in that it must be calculated to assist in collecting on a

judgment.” Id. “New York state’ s post-judgment discovery procedures, made applicable to
proceedings in aid of execution by Federal Rule 69(a)(1), have a similarly broad sweep.” Id. “The
New York Civil Practice Law and Rules provide that a ‘judgment creditor may compel disclosure
of all matters relevant to the satisfaction of the judgment.’” Id. (quoting C.P.L.R. § 5223). “[A]s
in all matters relating to discovery, the district court has broad discretion to limit discovery in a
prudential and proportionate way.” Id.
“Discovery of a judgment debtor’s assets is conducted routinely under the Federal Rules
of Civil Procedure.” First City, Texas-Houston, N.A. v. Rafidain Bank, 281 F.3d 48, 54 (2d Cir.
2002). “A judgment creditor is entitled to discover the identity and location of any of the judgment
debtor’s assets, wherever located.” Id. (quoting National Service Industries, Inc. v. Vafla Corp.,
694 F.2d 246, 250 (11th Cir. 1982) (citation modified)). “[Under Rule 69(a),] the judgment
creditor must be given the freedom to make a broad inquiry to discover hidden or concealed assets
of the judgment debtor.” Id. (citation omitted).
B. Motion to Quash

For the reasons discussed below, the Court agrees with Holdings and the Motion is
DENIED.
First, RKS makes two principal contentions that the subpoenas are null and void under
C.P.L.R. § 5224: first, that the certifications in the subpoenas state their compliance with Section
5224, but fail to state their compliance with G.B.L. § 601, which is required by Section
5224(a)(3)(i), Motion at 8; and second, that the subpoenas substituted the phrase “one or more of
the Judgment Debtors” in place of “debtor” in the certification required by § 5224(a)(3)(i), Motion
at 8–9.
Section 5224(a)(3)(i) requires the following certification to be included with information

subpoenas:
I hereby certify that this information subpoena complies with rule 5224 of the Civil
Practice Law and Rules and Section 601 of the General Business Law that I have a
reasonable belief that the party receiving this subpoena has in their possession
information about the debtor that will assist the creditor in collecting the judgment.
§5224(a)(3)(i) (all caps formatting removed).
Holdings’ subpoenas contain the following certifications:
I hereby certify that this Information Subpoena complies with Rule 5224 of the
(New York) Civil Practice Law and Rules and that the undersigned have a
reasonable belief that the party receiving this Subpoena has in their possession
information about one or more of the Judgment Debtors that will assist the
Judgment Creditor in collecting the Judgment.
Dkt. Nos. 1889-1 (Ex. A Harris Declaration) at 3, 1889-2 (Ex. B Harris Declaration) at 3.
RKS is thus correct that the certifications contain two changes from the language in the
statute. The first is the omission of a reference to G.B.L. § 601, and the second the substitution of
the phrase “one or more of the Judgment Debtors” in place of “debtor.” RKS is also correct that
§ 5224(a)(3)(ii) provides that “if an information subpoena, served on an individual or entity other
than the judgment debtor, does not contain the certification provided for in subparagraph (i) of this

paragraph, such subpoena shall be deemed null and void.”
G.B.L. § 601 enumerates twelve prohibited practices of a creditor or the creditor’s agent.
“If such principal creditor or agent sends more than fifty information subpoenas per month,”
subsection 11 contains record-keeping requirements, including that:
[c]ontemporaneous records shall be kept that set forth with specificity the grounds
for such principal creditor or agent’s reasonable belief, which must be certified and
accompany each information subpoena pursuant to rule fifty-two hundred twenty-
four of the civil practice law and rules, that the party receiving the subpoena has in
its possession information about the debtor that will assist the creditor in collecting
his or her judgement.
G.B.L. § 601(11). That subsection further provides for a civil, monetary penalty in an action
brought by the Attorney General for failure to comply with this subsection, “[i]n addition to any
other penalty that may be imposed.” Id.
The parties have not addressed G.B.L. § 601(11) specifically. Whether Holdings’ omission
that the information subpoenas comply with G.B.L. § 601 renders the subpoenas null and void is
an issue this Court need not reach, because, as Holdings argues, Opposition at 4 (citing Grodin
Declaration at ¶ 9), Holdings has now certified with respect to each subpoena that they comply
with G.B.L. § 601. Moreover, and discussed further below, insofar as § 601(11) requires that the
issuer of a subpoena “set forth with specificity the grounds” of his reasonable belief and to
accompany those grounds with the subpoena, Holdings has now also done so. Grodin Declaration
at ¶ 10. The Court also agrees with Holdings that this is an issue that the parties could have
resolved through a genuine, good-faith effort to meet-and-confer over the subpoenas. Opposition
at 4 n.3. The Court also notes that Holdings is correct that one District Court in the Southern
District of New York has denied a law firm’s motion for a protective order involving a subpoena
whose certification also omitted reference to G.B.L. § 601, seeking information concerning a
former client and judgment debtor. Opposition at 3; Avalon Holdings Corp. v. Gentile, 350 F.R.D.

8, 14 (S.D.N.Y. 2025); Avalon Holdings Corp. v. Guy Gentile, Case No. 18-cv-7291 (DLC) (RLJ),
Dkt. No. 359-1 at 3. RKS is correct, Reply at 5–6, that the Court in Avalon Holdings did not
address the language of the certification specifically, because the issue was not raised by the
parties, but this Court finds nonetheless that the case supports Holdings’ arguments.
The Motion’s second assertion is without merit. That the original certifications in the
subpoenas substituted “one or more of the Judgment Debtors,” or, as in the updated certification
provided by the Grodin Declaration, “each of the Judgment Debtors,” in place of “debtor” – in
other words, that the certifications pluralized debtor because in this case there is not one judgment
debtor but in fact fourteen – is not a basis to conclude that the “information subpoena[s] . . . do[]

not contain the certification provided for in subparagraph (i) of this paragraph,” C.P.L.R. §
5224(a)(3)(ii), and this is thus not a basis to conclude that the subpoenas are null and void and
should be quashed.
The Motion also argues that Holdings lacks the reasonable belief required by Section
5224(a)(3)(i), as “RKS represents only the four [Former] Foreign Shareholders,” that “Reed Smith
has only represented the bankruptcy debtors, none of which are Judgment Debtors,” and that “RKS
has no affiliation with most of the fourteen debtors the Subpoenas target, and Reed Smith may not
have any either.” Motion at 9. The Court notes that Holdings has now elaborated on the basis of
its belief: RKS is counsel to the Former Foreign Shareholders; Reed Smith is former counsel to
Holdings,4 which was owned by the Former Foreign Shareholders; eight of the Judgment Debtors
were members of the purported provisional board of Holdings, which was appointed upon an
application by Elafonissos and others; Laskarina Karastamati is a former director of Holdings who
also directs or previously directed Lassia Investment Company; and Vasilis Hadjieleftheriadis is a
former director of Holdings who also directs or previously directed Glafkos Trust Company.

Grodin Declaration at ¶ 10; see also Dkt. No. 1564 (Tr. of 3/12/25 Hr’g) at 72 (finding that the
former majority shareholders, the former minority shareholders, the purported provisional board,
the purported Provisional Holdings, and Hadjieleftheriadis failed to cooperate in good faith to
implement and consummate the confirmation plan). Moreover, to the extent that RKS or Reed
Smith have knowledge as to some but not all of the Judgment Debtors, they can easily so assert in
their responses to the subpoenas – this is not a basis to quash the subpoenas at the outset. And as
cited above, “broad post-judgment discovery in aid of execution is the norm in federal and New
York state courts.” EM Ltd., 695 F.3d at 207.
Although RKS acknowledges that there is no prohibition on issuing subpoenas to counsel,

Reply at 9, the Motion argues that the subpoena as to RKS seeks “to impair RKS’s ability to
represent the [Former] Foreign Shareholders–including in the appeal of the very orders and
judgments the Subpoena purports to be related to,” Motion at 10 (citing Astraea NYC LLC v.
Rivada Networks, Inc., 592 F. Supp. 3d 181, 183 (S.D.N.Y. 2022)). As an initial point, the Court
agrees with Holdings that the Judgment Debtors failed to seek a stay of the September 22, 2025

4 Reed Smith has also at a minimum purported to represent purported Provisional Eletson
Holdings. See December 10, 2024 Statement, Dkt. No. 1293; February 4, 2025 Letter, Dkt. No.
1407; see also In re Eletson Holdings Inc., 2025 U.S. Dist. LEXIS 187947, at *28, 33, 37 (S.D.N.Y.
Sept. 22, 2025) (“It is necessary first to understand the background of Provisional Holdings in
order to rule on its legal existence. The moniker was first introduced in the Bankruptcy Proceedings
by Reed Smith . . . to describe ‘[t]he provisional board of directors of Eletson Holdings, Inc.’ as it
had purportedly been constituted in the Piraeus proceedings in Greece.”).
Judgment, and thus it is immediately enforceable notwithstanding any appeal. Opposition at 7–8.
In addition, Astraea does not establish that Movants have met their burden on the Motion. Motion
at 10; Reply at 9–10; Pritchard v. County of Erie (In re County of Erie), 473 F.3d 413, 418 (2d
Cir. 2007) (“[W]e construe the [attorney-client] privilege narrowly because it renders relevant
information undiscoverable . . . The burden of establishing the applicability of the privilege rests

with the party invoking it.”); see, e.g, Bennett v. Cuomo, 2024 U.S. Dist. LEXIS 106523, at *22
(S.D.N.Y. June 12, 2024) (“On a motion to quash asserting that privilege prevents disclosure, the
party invoking a privilege bears the burden of establishing its applicability to the case at hand.”
(citation modified)).
The court in Astraea granted a motion to quash an information subpoena issued by a
judgment creditor to the judgment debtor’s former law firm. Astraea NYC LLC, 592 F. Supp. at
183. The court observed that Federal Rule of Civil Procedure 69(a)(2) “says nothing about
discovery from the debtor’s law firm,” that the statute’s language, “‘[a]ny person’[,] would not
ordinarily be taken as including ‘any law firm,’” given the attorney-client privilege, and that “the

words ‘any person’” did not “overcome the force and value of the policy that the lawyer may not
reveal the confidences of her client, even though the client himself may well be compelled to
disclose them.” Id. at 182–83. The court concluded that “[t]he proper procedure is not an ill-
conceived inquiry of defendant’s attorneys seeking information they learned in the course of the
case, but to direct relevant questions to the defendant.” Id. at 183.
As Holdings argues, the subpoena in Astraea is distinguishable from the subpoenas at issue
here, as the subpoena in Astraea sought privileged information. Opposition at 6; ASTRAEA NY
LLC v. Rivada Networks, Inc., 21-cv-10493-LLS, Dkt. No. 23-1 at 5–6 (“describe in full detail the
contents of . . . [any] contracts” held with the judgment debtor; “describe in full detail the nature
of . . . [your] representation” of the judgment debtor, past and present). Here, by contrast, as RKS
acknowledges, “most of the questions . . . specifically seek information concerning the funds or
assets of the Judgment Debtors.” Motion at 7; Opposition at 7 (The subpoenas seek “disclosure
from RKS and Reed Smith of information concerning payments made by the Judgment Debtors,
the dates, amounts, accounts from which such payments were made, and the escrow accounts held

on behalf of the Judgment Debtors.”). The remaining questions concern information such as the
Judgment Debtors’ addresses and other contact information. See Dkt. Nos. 1889-1 (Ex. A Harris
Declaration) at 4–5, 1889-2 (Ex. B Harris Declaration) at 4–5. “As a general rule, a client’s
identity and fee information are not privileged.” Lefcourt v. U.S., 125 F.3d 79, 86 (2d Cir. 1997);
see also In re Grand Jury Subpoena Served upon Doe, 781 F.2d 238, 247–48 (2d Cir. 1986)
(“While consultation with an attorney, and payment of a fee, may be necessary to obtain legal
advice, their disclosure does not inhibit the ordinary communication necessary for an attorney to
act effectively, justly, and expeditiously. For this reason . . . disclosure of fee information and
client identity is not privileged even though it might incriminate the client.”); see also, e.g., Avalon

Holdings Corp., 350 F.R.D. at 9, 14 (denying a law firm’s motion for a protective order over a
subpoena issued as to information such as “payment of attorney’s fees, including the means and
sources of payment” from a former client and judgment debtor).
V. CONCLUSION
For the reasons stated above, the Motion is DENIED.

IT IS SO ORDERED.
Dated: December 30, 2025 /s/ John P. Mastando III
New York, New York HONORABLE JOHN P. MASTANDO III
UNITED STATES BANKRUPTCY JUDGE

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/11233446. Public record. Not legal advice.
