Legal Opinion
In Re Continental Airlines, Inc., Debtors, Continental Airlines, Inc.
Court of Appeals for the Third Circuit
Decided May 30, 1991No. 91-3204PublishedCited by 49 opinions
1Opinion of the Court
OPINION OF THE COURT
SCIRICA, Circuit Judge.
Continental Airlines, Inc. and related corporations (collectively “Continental”), debtors-in-possession, appeal from a judgment of the district court. The district court ruled that aircraft held under bona fide leases, even though structured as sale-leasebacks, are exempt from the automatic stay in bankruptcy pursuant to 11 U.S.C. § 1110, and therefore are subject to repossession. We stayed the district court’s order pending an expedited appeal and will now affirm.
I
On December 3, 1990, Continental filed a voluntary petition for reorganization under…
2Cases cited45 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
- Watt v. AlaskaSupreme Court of the United States · 1981
- Garcia v. United StatesSupreme Court of the United States · 1985
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3Cited by49 opinions
- In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
- In Re Trans World Airlines, Incorporated, Debtor. Interface Group-Nevada, Incorporated v. Trans World Airlines, Incorporated. Thomas E. Ross, Trustee. In Re Trans World Airlines, Incorporated, Debtor. Interface Group-Nevada, Incorporated v. Trans World Airlines, Incorporated, Thomas E. Ross, TrusteeCourt of Appeals for the Third Circuit · 1998
- United States v. County of DelawareCourt of Appeals for the Third Circuit · 1997
- Earl Trent, and All Those Similarly Situated Edwin Snead, of the Estate of Elaine Snead Intervenor-Plaintiff in D.C. Edwin Snead, in His Own Right Intervenor-Plaintiff in D.C. v. Dial Medical of Florida, Inc. Community Dialysis Centers v. W.W. Grainger, Inc. American MacHine and Tool Co. Inc. Of Pennsylvania, A/K/A American MacHine and Tool Co., Inc. Baxter Healthcare Corporation Earl TrentCourt of Appeals for the Third Circuit · 1994
- United States ex rel. Wilson v. Graham County Soil & Water Conservation DistrictCourt of Appeals for the Fourth Circuit · 2008
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