Legal Opinion
In Re Petur USA Instrument Co., Inc.
United States Bankruptcy Court, W.D. Washington
Decided November 30, 1983No. 11-21802PublishedCited by 15 opinions
1Opinion of the Court
OPINION ON MOTION TO AUTHORIZE REJECTION OF EXECUTORY CONTRACT
SAMUEL J. STEINER, Bankruptcy Judge.
This matter is before the Court on the debtor’s motion to reject an executory contract. The primary issue is whether' rejection should be allowed when it will result in the destruction of the business of the non-debtor party.
FACTS
The debtor’s principal, Petur Thordarson, is an inventor of geotechnical instruments. The inventions have been patented. The debtor, Petur U.S.A. Instruments Company, Inc. (Petur USA), was formed in 1976 to market the inventions.
The non-debtor party, Petur Instruments,…
2Cases cited10 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Bank of Marin v. EnglandSupreme Court of the United States · 1966
- Securities & Exchange Commission v. United States Realty & Improvement Co.Supreme Court of the United States · 1940
- In the Matter of James Minges, Debtor. Control Data Corporation v. Steven Zelman, Trustee-AppelleeCourt of Appeals for the Second Circuit · 1979
- Robertson v. Pierce (In Re Chi-Feng Huang)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1982
5 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- In Re Chateaugay Corp.United States Bankruptcy Court, S.D. New York · 1989
- In Re Old Carco LLCUnited States Bankruptcy Court, S.D. New York · 2009
- In Re Trans World Airlines, Inc.United States Bankruptcy Court, D. Delaware · 2001
- In Re AJ Lane & Co., Inc.United States Bankruptcy Court, D. Massachusetts · 1989
- In Re Chipwich, Inc.United States Bankruptcy Court, S.D. New York · 1985
10 more not listed; retrieve them via the Exa API.