Legal Opinion

In Re Shaffer Furniture Co.

United States Bankruptcy Court, E.D. Pennsylvania

Decided January 8, 1987No. 19-10886PublishedCited by 33 opinions

1Opinion of the Court

OPINION

DAVID A. SCHOLL, Bankruptcy Judge.

The posture of this case presents to us one rather simple legal issue: whether unsecured creditors of a solvent Debtor involved in a liquidating Chapter 11 case are entitled to payment of post-petition interest on their claims. We hold that the creditors are indeed entitled to post-interest, especially due to the course of conduct of the Debtor here, which does not suggest any equities in its favor, and that, therefore, distribution of proceeds must be accomplished accordingly. Our role as a visiting judge in our Court’s Reading Station due to the…

2Cases cited14 opinions

  1. Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
  2. In the Matter of Beverly Hills Bancorp, a California Corporation, Debtor. Commercial Paper Holders v. R.W. Hine, as Trustee of Beverly Hills BancorpCourt of Appeals for the Ninth Circuit · 1984
  3. In the Matter of Walsh Construction, Inc., Bankrupt. United States of America v. Alaska National Bank of the North and Paul Burlingame, Trustee, in the Matter of Cecilia Ruth Walsh, Gerald Patrick Walsh, D/B/A Beaver Builders, Bankrupts. United States of America v. Alaska National Bank of the North and Paul Burlingame, TrusteeCourt of Appeals for the Ninth Circuit · 1982
  4. Chancellor v. Superior Court of California for the County of OrangeSupreme Court of the United States · 1982
  5. In Re Manville Forest Products Corp.United States Bankruptcy Court, S.D. New York · 1984

9 more not listed; retrieve them via the Exa API.

3Cited by33 opinions

  1. In re W.R. Grace & Co.District Court, D. Delaware · 2012
  2. Elliott v. Four Seasons Properties (In re Frontier Properties, Inc.)Court of Appeals for the Ninth Circuit · 1992
  3. In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 1999
  4. In Re Grant Broadcasting of Philadelphia, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1987
  5. Beguelin v. Volcano Vision, Inc. (In Re Beguelin)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1998

28 more not listed; retrieve them via the Exa API.

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