Legal Opinion
In Re Kreidler Import Corp.
United States Bankruptcy Court, D. Maryland
Decided May 14, 1980No. 19-10493PublishedCited by 21 opinions
1Opinion of the Court
MEMORANDUM OPINION
GLENN J. GOLDBURN, Bankruptcy Judge.
On October 30, 1979, Kreidler Werke GmbH (hereafter KW) filed a petition alleging that the Kreidler Import Corporation (KIC) is not paying its debts as they become due. KIC is the United States marketer for KW’s mopeds which are manufactured in Germany. The parties stipulated that there are more than twelve holders of claims which aggregate over $5,000.00.
In view of these stipulations, Section 303(b)(1) of the Bankruptcy Code requires two or more additional entities to join KW’s petition to commence an involuntary case against KIC. To that…
2Cases cited1 opinion
- Harris v. Capehart-Farnsworth Corp.Court of Appeals for the Eighth Circuit · 1955
3Cited by21 opinions
- In the Matter of Royal G. Covey and Norma L. Covey, Individually and as Partners, D/B/A Covey Dodge, Bankrupts-AppellantsCourt of Appeals for the Seventh Circuit · 1981
- In Re DrexlerUnited States Bankruptcy Court, S.D. New York · 1986
- Crown Heights Jewish Community Council, Inc. v. Fischer (In Re Fischer)District Court, E.D. New York · 1996
- Matter of Luftek, Inc.United States Bankruptcy Court, E.D. New York · 1980
- In Re ArkerUnited States Bankruptcy Court, E.D. New York · 1980
16 more not listed; retrieve them via the Exa API.