Legal Opinion

In the Matter of the Bohack Corporation, Debtor-In-Possession. The Bohack Corporation v. Borden, Inc.

Court of Appeals for the Second Circuit

Decided May 7, 1979No. 991, Docket 78-5017PublishedCited by 110 opinions

1Opinion of the Court

MEHRTENS, District Judge:

In this case we are confronted with the delicate task of reconciling two provisions of the bankruptcy law which appear to be at cross-purposes with each other. One provision 1 is designed to protect the interests of debtors, the other 2 is intended to safeguard the rights of creditors. In an effort to harmonize these seemingly discordant segments of the law, we reverse and remand with instructions.

FACTS

The Bohack Corporation (Bohack) filed a petition for an arrangement with the bankruptcy court pursuant to Chapter XI of the Bankruptcy Act, 11 U.S.C. § 701 et seq., on…

2Cases cited15 opinions

  1. Katchen v. LandySupreme Court of the United States · 1966
  2. Baker v. Gold Seal Liquors, Inc.Supreme Court of the United States · 1974
  3. In Re Fidelity Mortgage Investors, Debtor. Fidelity Mortgage Investors, Applicant-Appellee v. Camelia Builders, Inc.Court of Appeals for the Second Circuit · 1977
  4. Cumberland Glass Manufacturing Co. v. De Witt & Co.Supreme Court of the United States · 1915
  5. Lowden v. Northwestern National Bank & Trust Co.Supreme Court of the United States · 1936

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3Cited by110 opinions

  1. In Re Ionosphere Clubs, Inc.Court of Appeals for the Second Circuit · 1990
  2. Shugrue v. Air Line Pilots Ass'n (In re Ionosphere Clubs, Inc.)Court of Appeals for the Second Circuit · 1990
  3. Fed. Sec. L. Rep. P 96,549, 18 Ucc rep.serv.2d 588 Securities and Exchange Commission v. Charles Phillip Elliott, Charles O. Farrar, Receiver-Appellee, Kenneth J. Davis, Linda J. Davis, Leroy H. Moeller, as Personal Representative of the Estates of Adolph Hagstrom, Squire J. Kingston, Elizabeth Woods, Caroline Estelle, Lynnis H. McClain Ted Masco, Anita K. Hailey, Earl Setterblade, Francis Setterblade, Lloyd Schutzman, Shirley Schutzman, Albert C. Heil, Melvin Burkhardt, Rosa Ella Burkhardt, Howard Dore, Ruth Dore, Gerald J. Braun, Christie Braun, Monica Brooke Braun, C. Albert Ducharme Trust and Catherine F. Ducharme Trust, Seaton F. McDaniel Josephine McDaniel Trudy and Sidney Kleiner, Claimants-Appellants. Securities and Exchange Commission v. Charles Phillip Elliott, Charles O. Farrar, Receiver-Appellee, Melvin Burkhardt and Rosa Ella Burkhardt, Movants-AppellantsCourt of Appeals for the Eleventh Circuit · 1992
  4. Camelback Hospital, Inc. v. Buckenmaier (In Re Buckenmaier)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1991
  5. Massachusetts v. Dartmouth House Nursing Home, Inc. (In Re Dartmouth House Nursing Home, Inc.)United States Bankruptcy Court, D. Massachusetts · 1982

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