Legal Opinion
United States v. Neal Pharmacal Company
Court of Appeals for the Eighth Circuit
Decided May 29, 1986No. 85-1294PublishedCited by 90 opinions
1Opinion of the Court
LAY, Chief Judge.
The issue in this appeal is what rate of interest on deferred payments of delinquent federal taxes will provide the United States with the present value of its claim as required under 11 U.S.C. § 1129(a)(9)(C) (1982) for confirmation of the debtor’s reorganization plan. 1
Background
Neal Pharmacal Company (the debtor) filed for reorganization under Chapter 11 of the Bankruptcy Code on February 2, 1983. On May 11, 1983, the Internal Revenue Service (the government or the IRS) filed a proof of claim in the bankruptcy proceedings for unpaid withholding and social security taxes…
2Cases cited8 opinions
- 12 Collier bankr.cas.2d 323, Bankr. L. Rep. P 70,286 in Re Monnier Brothers, a Partnership, Alan Dale Monnier and Janice Irene Monnier Thomas Richard Monnier and Bonnie Lavonne Monnier, Debtors. Prudential Insurance Company of America v. Alan Dale Monnier, Janice Irene Monnier, Thomas Richard Monnier and Bonnie Lavonne Monnier, in Re Monnier Brothers, a Partnership, Alan Dale Monnier and Janice Irene Monnier Thomas Richard Monnier and Bonnie Lavonne Monnier, Debtors. Prudential Insurance Company of America v. Alan Dale Monnier, Janice Irene Monnier, Thomas Richard Monnier and Bonnie Lavonne MonnierCourt of Appeals for the Eighth Circuit · 1985
- In the Matter of Southern States Motor Inns, Inc., Debtor. United States of America v. Southern States Motor Inns, Inc.Court of Appeals for the Eleventh Circuit · 1983
- In Re FisherUnited States Bankruptcy Court, D. Kansas · 1983
- Matter of Fi-Hi Pizza, Inc.United States Bankruptcy Court, D. Massachusetts · 1984
- Matter of Bay Area ServicesUnited States Bankruptcy Court, M.D. Florida · 1982
3 more not listed; retrieve them via the Exa API.
3Cited by90 opinions
- In Re Best Products Co., Inc.United States Bankruptcy Court, S.D. New York · 1994
- General Motors Acceptance Corporation v. Alphonso Jones, Debtor, Robert M. Wood, TrusteeCourt of Appeals for the Third Circuit · 1993
- United States v. Dennis Edward Doud and Cheryl Ann DoudCourt of Appeals for the Eighth Circuit · 1989
- In Re Camino Real Landscape Maintenance Contractors, Inc., Debtor. United States of America v. Camino Real Landscape Maintenance Contractors, Inc., in Re Hadrian Construction, Inc., Debtor. United States of America v. Hadrian Construction, Inc., in Re Armour Oil Company, Debtor. United States of America v. Armour Oil CompanyCourt of Appeals for the Ninth Circuit · 1987
- In Re CitrowskeUnited States Bankruptcy Court, D. Minnesota · 1987
85 more not listed; retrieve them via the Exa API.