Legal Opinion
Phoenix Mutual Life Insurance v. Greystone III Joint Venture
Court of Appeals for the Fifth Circuit
Decided November 19, 1991No. 90-8529PublishedCited by 16 opinions
1Opinion of the Court
EDITH H. JONES, Circuit Judge:
This appeal pits a debtor whose only significant asset is an office building in the troubled Austin, Texas real estate market against a lender who possesses a multimillion dollar lien on the property. After obtaining bankruptcy relief under Chapter 11, Greystone III proposed a “cramdown” plan of reorganization, hoping to force a write-down of over $3,000,000 on the secured lender’s note and to retain possession and full ownership of the property. Over the secured lender’s strenuous objections, the bankruptcy court confirmed the debt- or’s plan. In re Greystone…
2Cases cited17 opinions
- In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
- In Re Cochise College Park, Inc.Court of Appeals for the Ninth Circuit · 1983
- In Re U.S. Truck Company, Inc., a Michigan Corporation, Debtor. Teamsters National Freight Industry Negotiating Committee v. U.S. Truck Company, Inc.Court of Appeals for the Sixth Circuit · 1986
- Richmond Leasing Co. v. Capital Bank, N.A.Court of Appeals for the Fifth Circuit · 1985
- Gary D. Hanson, Sandra Kay Hanson v. First Bank of South Dakota, N.A.Court of Appeals for the First Circuit · 1987
12 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- In the Matter of Greystone III Joint Venture, Debtor. Phoenix Mutual Life Insurance Company v. Greystone III Joint VentureCourt of Appeals for the Fifth Circuit · 1992
- In Re Bjolmes Realty TrustUnited States Bankruptcy Court, D. Massachusetts · 1991
- In Re 495 Central Park Avenue Corp.United States Bankruptcy Court, S.D. New York · 1992
- FGH Realty Credit Corp. v. Newark Airport/Hotel Ltd. PartnershipDistrict Court, D. New Jersey · 1993
- Penn Mutual Life Insurance v. Woodscape Ltd. Partnership (In Re Woodscape Ltd. Partnership)United States Bankruptcy Court, D. Maryland · 1991
11 more not listed; retrieve them via the Exa API.