Legal Opinion

LFD Operating, Inc. v. Ames Department Stores, Inc. (In Re Ames Department Stores, Inc.)

United States Bankruptcy Court, S.D. New York

Decided March 8, 2002No. 19-10294PublishedCited by 25 opinions

1Opinion of the Court

MEMORANDUM DECISION REGARDING PROCEEDS FROM THE SALE OF PLAINTIFF’S MERCHANDISE IN DEFENDANTS’ STORES

ARTHUR J. GONZALEZ, Bankruptcy Judge.

I. Introduction

On September 6, 2001, Plaintiff, LFD Operating Inc. (“LFD”), commenced this adversary proceeding against Defendants, Ames Department Stores, Inc. and Ames Merchandising Corporation (hereinafter, “Ames”), seeking the return of $8.9 million from Ames to LFD. LFD asserts its claim based upon a series of agreements that allegedly prescribe that the $8.9 million is the property of LFD and, hence, should be excluded from Ames’s bankruptcy estates.

LF…

2Cases cited46 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. Pepper v. LittonSupreme Court of the United States · 1939
  3. Apple Records, Inc. v. Capitol Records, Inc.Appellate Division of the Supreme Court of the State of New York · 1988
  4. Securities Investor Protection Corp. v. Stratton Oakmont, Inc.United States Bankruptcy Court, S.D. New York · 1999
  5. In Re: Koreag, Controle Et Revision S.A.Court of Appeals for the Second Circuit · 1992

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3Cited by25 opinions

  1. Gowan v. Patriot Group, LLC (In Re Dreier LLP)United States Bankruptcy Court, S.D. New York · 2011
  2. Official Committee of Unsecured Creditors of Verestar, Inc. v. American Tower Corp. (In Re Verestar, Inc.)United States Bankruptcy Court, S.D. New York · 2006
  3. Tese-Milner v. TPAC, LLC (In Re Ticketplanet.com)United States Bankruptcy Court, S.D. New York · 2004
  4. In re Suntech Power Holdings Co.United States Bankruptcy Court, S.D. New York · 2014
  5. Petrello v. WhiteDistrict Court, E.D. New York · 2006

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