Legal Opinion
NBD Park Ridge Bank v. SRJ Enterprises, Inc. (In Re SRJ Enterprises, Inc.)
United States Bankruptcy Court, N.D. Illinois
Decided February 26, 1993No. 19-05092PublishedCited by 19 opinions
1Opinion of the Court
MEMORANDUM OPINION
RONALD S. BARLIANT, Bankruptcy Judge.
A junior lien creditor who financed a chapter 11 debtor’s automobile dealership seeks to enhance its distribution from the proceeds of the sale of the debtor’s business. To accomplish this, the junior creditor has filed a complaint with three counts relating to the recovery from the senior lien creditor of an allegedly preferential transfer and one count for equitable subordination of the senior creditor’s lien. Because this Court concludes that the junior creditor lacks standing to bring the preference action and fails to state a claim…
2Cases cited40 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Caminetti v. United StatesSupreme Court of the United States · 1917
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Commodity Futures Trading Commission v. WeintraubSupreme Court of the United States · 1985
- Union Bank v. WolasSupreme Court of the United States · 1991
35 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- In Re Jkj Chevrolet, Incorporated, Debtor. Ford Motor Credit Company v. Reynolds & Reynolds Company, and Reyna Financial CorporationCourt of Appeals for the Fourth Circuit · 1994
- ABF Capital Management v. Kidder Peabody & Co. (In Re Granite Partners, L.P.)United States Bankruptcy Court, S.D. New York · 1997
- Parker North American Corp. v. Resolution Trust Corp. (In re Parker North American Corp.)Court of Appeals for the Ninth Circuit · 1994
- McCarthy v. Navistar Financial Corp. (In Re Vogel Van & Storage, Inc.)District Court, N.D. New York · 1997
- The Official Committee Of Unsecured Creditors Of Cybergenics Corporation v. Kathleen ChineryCourt of Appeals for the Third Circuit · 2003
14 more not listed; retrieve them via the Exa API.