Legal Opinion

In re Cypress Health Systems Florida, Inc.

United States Bankruptcy Court, N.D. Florida

Decided August 19, 2015No. Case No. 1:12-bk-10431-KSJPublished

1Opinion of the Court

MEMORANDUM OPINION GRANTING DEBTOR’S MOTION FOR TURNOVER OF PROPERTY OF THE ESTATE

KAREN S. JENNEMANN, Chief United States Bankruptcy Judge

In 2009, Partner’s Healthcare Development . International, LLC (“Partner’s Healthcare”) signed a Letter of Intent (the *337“LOI”)1 and paid a $50,000 deposit to Tampa Title Company (“Tampa Title”) in an attempt to purchase assets of the Debt- or, Cypress Health Systems Florida, Inc. The sale never closed, and Tampa Title is still holding the monies. Debtor now asks for the turnover of the monies.2 Partner’s Healthcare objects3 arguing the monies are not…

2Cases cited20 opinions

Butner v. United StatesSupreme Court of the United States · 1979
In Re Pacor, Inc. v. John Higgins, Jr. And Louise HigginsCourt of Appeals for the Third Circuit · 1984
Irwin Halper v. Barry HalperCourt of Appeals for the Third Circuit · 1999
Continental National Bank of Miami v. Sanchez (In Re Toledo)Court of Appeals for the Eleventh Circuit · 1999
23 Collier bankr.cas.2d 999, Bankr. L. Rep. P 73,616 in the Matter of Lemco Gypsum, Inc., Debtor. Lawrence E. Miller, Jr., Miller Resources, Inc. v. Kemira, Inc.Court of Appeals for the Eleventh Circuit · 1990

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