Legal Opinion
Premier Capital, Inc. v. Diamond (In Re Diamond)
Court of Appeals for the First Circuit
Decided July 13, 2004No. 03-2640PublishedCited by 7 opinions
1Opinion of the Court
ROSENN, Senior Circuit Judge.
A bankruptcy proceeding is almost always disappointing to creditors. This is especially true for creditors who have had no commercial transactions over the years with a debtor and have derived no profits from him over time. The bankruptcy is especially frustrating to a large unsecured creditor whose credit arises out of a loan to the debtor who, as in this case, has a substantial annual income with the apparent capacity to pay the debt over a reasonable period of time.
The task of this court, however, is not to philosophize over the purpose or policy of bankruptcy…
2Cases cited9 opinions
- Field v. MansSupreme Court of the United States · 1995
- Bankr. L. Rep. P 71,787 in Re John E. Tully, Debtor. Henry J. Boroff, Trustee in Bankruptcy of John E. Tully v. John E. TullyCourt of Appeals for the First Circuit · 1987
- Palmacci v. UmpierrezCourt of Appeals for the First Circuit · 1997
- Groman v. Watman (In Re Watman)Court of Appeals for the First Circuit · 2002
- Gannett v. CarpCourt of Appeals for the First Circuit · 2003
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Robin Singh Educational Services, Inc. v. McCarthy (McCarthy)Bankruptcy Appellate Panel of the First Circuit · 2013
- Northeast Community Bank v. Manfredonia (In re Manfredonia)United States Bankruptcy Court, D. Massachusetts · 2016
- Cadlerock Joint Venture LP v. Henry Rick OrasiUnited States Bankruptcy Court, D. Puerto Rico · 2013
- Gannett v. CarpCourt of Appeals for the First Circuit · 2003
- In Re. PablaDistrict Court, D. Massachusetts · 2022
2 more not listed; retrieve them via the Exa API.