Legal Opinion

In Re Thomson McKinnon Securities, Inc.

United States Bankruptcy Court, S.D. New York

Decided August 27, 1992No. 19-22491PublishedCited by 5 opinions

1Opinion of the Court

DECISION ON MOTION FOR AN ORDER TO ESTIMATE CLAIM OF FEDERAL DEPOSIT INSURANCE COMPANY

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The Federal Deposit Insurance Corporation (“FDIC”) has commenced this estimation hearing pursuant to 11 U.S.C. § 502(c)(1) with respect to its contingent and unliquidated claim against the Chapter 11 debtor, Thomson McKinnon Securities, Inc. (“TMSI”), for losses incurred in a portfolio of 1116 mortgage loans purchased in 1983-1984 by Lincoln Federal Savings and Loan Association (“Lincoln”). Lincoln was a savings institution located in New Jersey which became insolvent…

2Cases cited19 opinions

  1. H. Rosenblum, Inc. v. AdlerSupreme Court of New Jersey · 1983
  2. Mortimer W. Hanly, Arthur Gladstone, Frederick C. Stutzmann, Jr., Steven Charles Paras, and Charles Arthur Fehr v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1969
  3. In the Matter of Brints Cotton Marketing, Inc., Debtor. Mike Addison v. David R. Langston, TrusteeCourt of Appeals for the Fifth Circuit · 1984
  4. John W. Bittner v. Borne Chemical Company, Inc.Court of Appeals for the Third Circuit · 1982
  5. Fed. Sec. L. Rep. P 95,902 Franklin Savings Bank of New York v. Gustave L. LevyCourt of Appeals for the Second Circuit · 1977

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3Cited by5 opinions

  1. Rauscher Pierce Refsnes, Inc. v. Great Southwest Savings, F.A., Texas Court of Appeals, 14th District (Houston)1996
  2. In Re G-I Holdings, Inc.United States Bankruptcy Court, D. New Jersey · 2005
  3. In Re Thomson McKinnon Securities, Inc.United States Bankruptcy Court, S.D. New York · 1996
  4. In re Garlock Sealing Technologies, LLCUnited States Bankruptcy Court, W.D. North Carolina · 2014
  5. Maxwell v. Seaman Furniture Co. (In Re Seaman Furniture Co. of Union Square, Inc.)District Court, S.D. New York · 1993

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