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Legal Opinion

In Re Global Ship Systems, LLC

United States Bankruptcy Court, S.D. Georgia

Decided December 21, 2007No. 19-50058PublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM AND ORDER ON MOTIONS TO DISMISS AND FOR RELIEF FROM STAY

LAMAR W. DAVIS, JR., Bankruptcy Judge.

This case began as an involuntary Chapter 11 filed on November 5, 2007. No answer was timely filed, and an Order for Relief was entered on December 5, 2007. Drawbridge Special Opportunities Fund, L.P. (“Drawbridge”), the major lender to Global Ship Systems, LLC (“Global”), seeks dismissal or relief from the automatic stay, and after a trial on the merits conducted on December 18 and 19, 2007, I enter the following Findings of Fact and Conclusions of Law.

Findings of Fact

The parties entered…

2Cases cited35 opinions

  1. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  2. Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
  3. Albany Partners, Ltd. v. Westbrook (In Re Albany Partners, Ltd.)Court of Appeals for the Eleventh Circuit · 1984
  4. Bank of America National Trust & Savings Ass'n v. 203 North LaSalle Street PartnershipSupreme Court of the United States · 1999
  5. In Re Bryson Properties, Xviii, Debtor. Travelers Insurance Company v. Bryson Properties, XviiiCourt of Appeals for the Fourth Circuit · 1992

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3Cited by7 opinions

  1. Franchise Servs. of N. Am., Inc. v. U.S. Tr. (In Re Franchise Servs. of N. Am., Inc.)Court of Appeals for the Fifth Circuit · 2018
  2. In re Intervention Energy Holdings, LLCUnited States Bankruptcy Court, D. Delaware · 2016
  3. Canpartners Realty Holding Co. IV v. Vallambrosa Holdings, L.L.C. (In Re Vallambrosa Holdings, L.L.C.)United States Bankruptcy Court, S.D. Georgia · 2009
  4. In re Houston Regional Sports Network, L.P.United States Bankruptcy Court, S.D. Texas · 2014
  5. In re Quinto & Wilks, P.C.United States Bankruptcy Court, E.D. Virginia · 2015

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