Legal Opinion

Bankr. L. Rep. P 71,110 M.R.R. Traders, Inc. v. Cave Atlantique, Inc., Debtor, M.R.R. Traders, Inc. v. Louis F. Digiovanni

Court of Appeals for the First Circuit

Decided April 22, 1986No. 85-1726, 85-1727PublishedCited by 20 opinions

1Opinion of the Court

BREYER, Circuit Judge.

This case arises out of a bankruptcy judge’s decision to cancel the sale of an asset (a liquor license) of the bankrupt debtor and to resell it by auction. The district court held that the bankruptcy judge erred in setting aside the already completed sale. We do not agree with the district court’s conclusion.

The factual background of the case is as follows: Originally, the debtor, a wine shop called Cave Atlantique, had a contract with its landlord, appellant Louis DiGiovanni, giving DiGiovanni an option to buy its liquor license for $11,000. In the hope of obtaining…

2Cases cited7 opinions

  1. In Re CoughlinBankruptcy Appellate Panel of the First Circuit · 1983
  2. Cada Investments, Inc. v. LakeCourt of Appeals for the Ninth Circuit · 1981
  3. In Re Stanley Engineering CorporationCourt of Appeals for the Third Circuit · 1947
  4. In re Muscongus Bay Co.Court of Appeals for the First Circuit · 1979
  5. M & M Transportation Co. v. Schuster Express, Inc. (In Re M & M Transportation Co.)United States Bankruptcy Court, S.D. New York · 1981

2 more not listed; retrieve them via the Exa API.

3Cited by20 opinions

  1. In the Matter of Arlo B. Edwards, Debtor-Appellee. Appeal of Golden Guernsey Dairy Co-OpCourt of Appeals for the Seventh Circuit · 1992
  2. In Re Weisser Eyecare, Inc.United States Bankruptcy Court, N.D. Illinois · 2000
  3. Esposito v. Title Insurance Co. (In Re Fernwood Markets)United States Bankruptcy Court, E.D. Pennsylvania · 1987
  4. Tigue v. Steger (In Re Tigue)United States Bankruptcy Court, E.D. Pennsylvania · 1988
  5. In Re Big Rivers Electric Corp.United States Bankruptcy Court, W.D. Kentucky · 1997

15 more not listed; retrieve them via the Exa API.

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