Legal Opinion

In Re McLean Industries, Inc.

United States Bankruptcy Court, S.D. New York

Decided September 17, 1991No. 19-22516PublishedCited by 2 opinions

1Opinion of the Court

DECISION ON DEBTORS’ MOTION FOR AN ORDER DECLARING THAT TAX EVASION WAS NOT THE PRINCIPAL PURPOSE OF THE PLAN

CORNELIUS BLACKSHEAR, Bankruptcy Judge.

FACTS

On November 24, 1986, U.S.Lines, Inc., (now known as Janus Industries) together with the related companies Mclean Industries, Inc. and First Colony Farms, Inc., (collectively, the “Debtors”) filed a petition for relief under chapter 11 of the United States Bankruptcy Code (the “Code”). In May 1989, Judge Buschman confirmed a plan of reorganization (the “Plan”) which was subsequently amended and modified in February 1990. 1. In March 1989, the…

2Cases cited4 opinions

Babbitt v. United Farm Workers National UnionSupreme Court of the United States · 1979
In Re Rath Packing Co.United States Bankruptcy Court, N.D. Iowa · 1985
In Re Pan Am Corp.United States Bankruptcy Court, S.D. New York · 1991
People Express Airlines, Inc. v. AndrewDistrict Court, D. Colorado · 1988

3Cited by2 opinions

Allis-Chalmers Corp. v. Goldberg (In Re Hartman Material Handling Systems, Inc.)United States Bankruptcy Court, S.D. New York · 1992
In Re Main Street AC, Inc.United States Bankruptcy Court, N.D. California · 1999