In Re United Puerto Rican Food Corp.
United States Bankruptcy Court, E.D. New York
1Opinion of the Court
OPINION
CECELIA H. GOETZ, Bankruptcy Judge.
In this liquidating Chapter 11 proceeding several issues have arisen relating to the secured claim held by the United States Small Business Administration (“SBA”). The debtor herein, United Puerto Rican Food Corp. (“UPRFC”), the operator of a small supermarket, filed for relief under Chapter 11 of Title 11 on July 9, 1982. At the time it filed its petition it was indebted to the SBA in the amount of $130,000 as a guarantor of an obligation incurred by Tercera Food Corporation (“Tercera”). As security, SBA held a security interest in all the debtor’s…
2Cases cited6 opinions
- Reading Co. v. BrownSupreme Court of the United States · 1968
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- In Re CallisterUnited States Bankruptcy Court, D. Utah · 1981
- Sheldon P. Rothenberg v. Dean Kamen and Evelyn KamenCourt of Appeals for the Second Circuit · 1984
- Cessna Finance Corp. v. Millard Aviation, Inc. (In re Turner)United States Bankruptcy Court, D. Nebraska · 1981
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