Legal Opinion
Donald A. Horwitz and Wesco Products Company v. Alloy Automotive Company, Sheldon Gray, and Avrum Gray
Court of Appeals for the Seventh Circuit
Decided April 21, 1993No. 92-2803PublishedCited by 28 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Wesco Products Company fell on hard times in the late 1970s. Negotiations to infuse new capital or sell the business failed, and Wesco filed a petition under Chapter 11 of the Bankruptcy Code of 1978. During the bankruptcy Alloy Automotive Company offered to buy the business, but Wesco’s creditors set terms Alloy was unwilling to accept. Eventually Alloy purchased one product line. The bankruptcy court approved this pur chase. Wesco as debtor in possession, and Donald Horwitz as its manager and sole equity investor, contended that Alloy had connived with its lenders…
2Cases cited20 opinions
- Link v. Wabash RailroadSupreme Court of the United States · 1962
- Pioneer Investment Services Co. v. Brunswick Associates Ltd. PartnershipSupreme Court of the United States · 1993
- Montana v. United StatesSupreme Court of the United States · 1979
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Migra v. Warren City School District Board of EducationSupreme Court of the United States · 1984
15 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Byron Alston v. H. Christian DebruynCourt of Appeals for the Seventh Circuit · 1994
- Derrick B. Tartt v. Northwest Community Hospital and Northwest Suburban Anesthesiologists, Ltd.Court of Appeals for the Seventh Circuit · 2006
- Sacerdote v. Cammack Larhette Advisors, LLCCourt of Appeals for the Second Circuit · 2019
- Jordache Enterprises, Inc. v. National Union Fire InsuranceWest Virginia Supreme Court · 1998
- Stranz v. Ice Cream Liquidation, Inc. (In Re Ice Cream Liquidation, Inc.)United States Bankruptcy Court, D. Connecticut · 2002
23 more not listed; retrieve them via the Exa API.