Legal Opinion

In Re W.S. Sheppley & Co.

United States Bankruptcy Court, N.D. Iowa

Decided May 30, 1986No. 19-00194PublishedCited by 39 opinions

1Opinion of the Court

MEMORANDUM OPINION

JAMES E. YACOS, Bankruptcy Judge, sitting by designation.

This case is before the court upon the “Application for Determination of Secured Claim of Metropolitan Life Insurance Company Pursuant to 11 U.S.C. § 506” filed by the first mortgagee lienholder on February 11,1986. The lien in question is admittedly valid and covers the Chapter 11 debtor’s principal asset, i.e., a major office building located in Dubuque, Iowa.

The only issue in dispute is whether in determining the “allowed secured claim” of Metropolitan under § 506(b) of the Bankruptcy Code the court must apply and…

2Cases cited21 opinions

  1. Pepper v. LittonSupreme Court of the United States · 1939
  2. Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
  3. Board of Comm'rs of Jackson Cty. v. United StatesSupreme Court of the United States · 1939
  4. Coder v. ArtsSupreme Court of the United States · 1909
  5. Royal Indemnity Co. v. United StatesSupreme Court of the United States · 1941

16 more not listed; retrieve them via the Exa API.

3Cited by39 opinions

  1. In the Matter of Wayne M. Laymon, Debtor. Theron Bradford, Trustee v. James Crozier, TrusteeCourt of Appeals for the Fifth Circuit · 1992
  2. Southland Corp. v. Toronto-Dominion (In Re Southland Corp.)Court of Appeals for the Fifth Circuit · 1998
  3. In Re Skyler RidgeUnited States Bankruptcy Court, C.D. California · 1987
  4. Connecticut General Life Insurance v. Schaumburg Hotel Owner Ltd. Partnership (In Re Schaumburg Hotel Owner Ltd. Partnership)United States Bankruptcy Court, N.D. Illinois · 1989
  5. In Re Vest AssociatesUnited States Bankruptcy Court, S.D. New York · 1998

34 more not listed; retrieve them via the Exa API.

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