Legal Opinion
In re Envirodyne Industries, Inc.
Court of Appeals for the Seventh Circuit
Decided July 12, 1994No. 93-4070PublishedCited by 21 opinions
1Opinion of the Court
POSNER, Chief Judge.
This appeal arises out of an objection by creditors to a plan of reorganization filed by Envirodyne Industries, Inc., a Chapter 11 debtor. Envirodyne had three levels (“tranches,” as they are called) of unsecured debt. One, the most senior, consisted of Senior Discount Notes. The plan called for the holders of these notes to receive notes of equivalent value in the reorganized firm. The next level consisted of 14% Senior Subordinated Debentures, and was junior to the Senior Discount Notes. The third level consisted of 13.5% Subordinated Notes and was junior to both the 14%…
2Cases cited9 opinions
- International Brotherhood of Teamsters v. United StatesSupreme Court of the United States · 1977
- Church of Scientology of California v. United StatesSupreme Court of the United States · 1992
- In the Matter Of: Unr Industries, Inc., Debtors. Appeals of Unarco Bloomington Factory WorkersCourt of Appeals for the Seventh Circuit · 1994
- James Patton, R.L. Hildebrand, Burns Harbor Plaza, Inc., and R.L. Hildebrand Enterprises, Inc. v. Mid-Continent Systems, Inc.Court of Appeals for the Seventh Circuit · 1988
- Sharon Steel Corp. v. Chase Manhattan Bank, N.A.Court of Appeals for the Second Circuit · 1982
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- In re PenrodCourt of Appeals for the Seventh Circuit · 1995
- Edward H. Mathews, Individually and on Behalf of All Others Similarly Situated v. Sears Pension Plan and Sears, Roebuck & CompanyCourt of Appeals for the Seventh Circuit · 1998
- Aurora Loan Services, Inc. v. Frank Craddieth and Peggy Craddieth, Appeal Of: Midwest Real Estate Investment Company, Intervenor-AppellantCourt of Appeals for the Seventh Circuit · 2006
- In re Kmart Corp.Court of Appeals for the Seventh Circuit · 2004
- Bristow v. Drake Street Inc.Court of Appeals for the Seventh Circuit · 1994
16 more not listed; retrieve them via the Exa API.