Legal Opinion

Machne Menachem, Inc. v. Spritzer

Court of Appeals for the Third Circuit

Decided January 3, 2012No. 11-1496PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT

RESTANI, Judge.

Appellant Yaakov Spritzer (“Spritzer”) appeals a District Court judgment affirming a Bankruptcy Court’s conclusion that $286,000 in advances made by Spritzer to Debtor Machne Menachem, Inc. (“Machne”) between March 1997 and October 2002 were not loans. See In re Machne Menachem, Inc., 425 B.R. 749, 754 (Bankr.M.D.Pa.2010), aff'd, 2011 WL 742046, at *4, 2011 U.S. Dist. LEXIS 18026, at *12 (M.D.Pa. Feb. 18, 2011). Spritzer argues the checks he wrote to Machne were loans, and not donations, and therefore his allowable bankruptcy claim should be increased by…

2Cases cited4 opinions

  1. In Re: CARNEGIE CENTER ASSOCIATES, Debtor. Deborah RHETT, Appellant, v. CARNEGIE CENTER ASSOCIATESCourt of Appeals for the Third Circuit · 1997
  2. In Re: Roger Pransky, Debtor Internal Revenue Service v. Roger PranskyCourt of Appeals for the Third Circuit · 2003
  3. In Re MacHne Menachem, Inc.United States Bankruptcy Court, M.D. Pennsylvania · 2010
  4. Geller v. Prudential Insurance Co. of AmericaDistrict Court, E.D. New York · 2002

3Cited by1 opinion

  1. Patel v. Shubh Hotels, LLC (In re Shubh Hotels Pittsburgh LLC)United States Bankruptcy Court, W.D. Pennsylvania · 2012

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