Legal Opinion
Merchants Bank v. C.R. Davidson Co. (In Re CRD Sales & Leasing, Inc.)
United States Bankruptcy Court, D. Vermont
Decided February 22, 1999No. 19-10107PublishedCited by 4 opinions
1Opinion of the Court
FRANCIS G. CONRAD, Bankruptcy Judge.
We are asked 1 to abstain from hearing these adversary proceedings 2 and remand the foreclosure action and counterclaims 3 to the state court. We Deny the Motions to Abstain and Remand. 4
FACTUAL AND PROCEDURAL HISTORY
Debtors were formed in 1988 to do business in the granite industry. CRD Sales and Leasing held the assets and real estate, while C.R. Davidson Company acted as the operating, entity. Bradford National Bank made a number of loans 5 to Debtors personally guaranteed by Michael and Martha Bouchard and Paul and Carol Tierney (“guarantors”). Those…
2Cases cited18 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Carolin Corporation v. Robert J. Miller, Jr.Court of Appeals for the Fourth Circuit · 1989
- Irwin Halper v. Barry HalperCourt of Appeals for the Third Circuit · 1999
- Acolyte Electric Corp. v. City of New YorkUnited States Bankruptcy Court, E.D. New York · 1986
- Nationwide Roofing & Sheet Metal, Inc. v. Cincinnati Insurance Co. (In Re Nationwide Roofing & Sheet Metal, Inc.)United States Bankruptcy Court, S.D. Ohio · 1991
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3Cited by4 opinions
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