Legal Opinion
In Re Tower Air, Inc.
United States Bankruptcy Court, D. Delaware
Decided August 27, 2001No. 18-10675PublishedCited by 2 opinions
1Opinion of the Court
FINDINGS OF FACT, OPINION AND CONCLUSIONS OF LAW
RANDALL J. NEWSOME, Bankruptcy Judge.
This Chapter 7. case is before the Court for a determination of the rights of FINO-VA Capital Corporation (“FINOVA”) and the Chapter 7 Trustee (“Trustee”), Charles A. Stanziale, Jr., to certain insurance proceeds being held by the Trustee. The pertinent facts are largely undisputed. FINOVA was a major equipment lender for Debtor Tower Air, Inc. (“Tower”), a now-defunct international airline. As of February 29, 2000, the date Tower filed its voluntary Chapter 11 petition 1 FINOVA claims it was owed some…
2Cases cited16 opinions
- In Re J. Catton Farms, Inc., Debtor-Appellant v. The First National Bank of ChicagoCourt of Appeals for the First Circuit · 1985
- Ppg Industries, Inc. v. The Hartford Fire Insurance Company, and United States of AmericaCourt of Appeals for the Second Circuit · 1976
- United Virginia Bank Kanawha Valley Bank, N.A. The Charleston National Bank v. Slab Fork Coal Company, in Re Slab Fork Coal Company, DebtorCourt of Appeals for the Fourth Circuit · 1986
- Allen v. Hamman Lumber Co.Arizona Supreme Court · 1934
- Allstate Insurance Company, Plaintiff-Counterclaim v. Norman J. James and Vera M. James, Defendants-Counterclaim Felipe M. Reyes, Sr., and Shirley P. Reyes, Defendants-Counterclaim v. First Small Business Investment Company of Alabama, Defendant-IntervenorCourt of Appeals for the First Circuit · 1986
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3Cited by2 opinions
- In Re: Tower Air, Inc., Debtor Charles A. Stanziale, Jr., Chapter 7 Trustee of Tower Air, Inc. v. Finova Capital CorporationCourt of Appeals for the Third Circuit · 2005
- In Re Tower Air IncCourt of Appeals for the Third Circuit · 2005