Legal Opinion
In Re Texaco Inc.
United States Bankruptcy Court, S.D. New York
Decided July 24, 1987No. 19-35334PublishedCited by 23 opinions
1Opinion of the Court
DECISION ON TEXACO’S MOTION TO EXTEND AND PENNZOIL’S MOTION TO REDUCE THE § 1121 EXCLUSIVITY PERIODS
HOWARD SCHWARTZBERG, Bankruptcy Judge.
The tension between Texaco Inc. and its leading general unsecured creditor, Pennzoil Company, has heightened to the point where they have each applied for diametrically opposite relief; Texaco seeks to extend and Pennzoil seeks to reduce the 120-day and 180-day exclusive periods during which only a debtor may file a plan of reorganization and solicit acceptances in accordance with 11 U.S.C. § 1121(b) and (c)(3). Pennzoil states that the purpose for its…
2Cases cited12 opinions
- Pennzoil Co. v. Texaco Inc.Supreme Court of the United States · 1987
- Teachers Insurance & Annuity Ass'n of America v. Lake in the Woods (In Re Lake in the Woods)District Court, E.D. Michigan · 1981
- In Re Crescent Beach Inn, Inc.United States Bankruptcy Court, D. Maine · 1982
- Texas Extrusion Corp. v. Palmer, Palmer & Coffee (In Re Texas Extrusion Corp.)District Court, N.D. Texas · 1986
- In Re United Press International, Inc.District Court, District of Columbia · 1986
7 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- In Re Nicolet, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1988
- In Re SlettelandUnited States Bankruptcy Court, S.D. New York · 2001
- In Re Public Service Co. of New HampshireUnited States Bankruptcy Court, D. New Hampshire · 1988
- In re MillardUnited States Bankruptcy Court, S.D. New York · 2013
- In Re Gibson & Cushman Dredging Corp.District Court, E.D. New York · 1989
18 more not listed; retrieve them via the Exa API.