Legal Opinion
In Re Storage Technology Corp.
District Court, D. Colorado
Decided April 29, 1985No. Bankruptcy No. 84 B 05377 G, Adv. Nos. 84 G 0945, 84 G 0953, 84 M 0963, 84 G 0971, 84 G 0978, 84 C 0999, 85 C 0014, 85 J 0026, 85 G 0119 and 85 C 0168, Motion No. 1108 G 15PublishedCited by 15 opinions
1Opinion of the Court
FINDINGS OF FACT, CONCLUSIONS AND ORDER UPON DEFINITION OF INSOLVENCY UNDER 11 U.S.C. § 546(c)
The issue before this Court is whether the term “insolvent”, as used in 11 U.S.C. § 546(c) refers to the bankruptcy definition found at 11 U.S.C. § 101(29), or the Uniform Commercial Code definition found at § 4-1-201(23), C.R.S. The practical effect of this decision is to determine whether a seller seeking to reclaim goods under § 546(c) must show “balance sheet” insolvency of the debtor, as defined in the Bankruptcy Code, or need show only “equitable” insolvency as allowed under the Uniform…
2Cases cited18 opinions
- United States v. TurketteSupreme Court of the United States · 1981
- Consumer Product Safety Commission v. GTE Sylvania, Inc.Supreme Court of the United States · 1980
- Bob Jones University v. United StatesSupreme Court of the United States · 1983
- Atlantic Cleaners & Dyers, Inc. v. United StatesSupreme Court of the United States · 1932
- Lawson v. Suwannee Fruit & Steamship Co.Supreme Court of the United States · 1949
13 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- In Re FriedlandUnited States Bankruptcy Court, D. Colorado · 1995
- In Re HermansenUnited States Bankruptcy Court, D. Colorado · 1988
- Marlow v. Oakland Gin Co. (In Re Julien Co.)United States Bankruptcy Court, W.D. Tennessee · 1991
- In Re KahlerUnited States Bankruptcy Court, D. Colorado · 1988
- War Eagle Floats, Inc. v. Travis (In Re War Eagle Floats, Inc.)United States Bankruptcy Court, E.D. Oklahoma · 1989
10 more not listed; retrieve them via the Exa API.