Legal Opinion

In Re Alcon Demolition, Inc.

United States Bankruptcy Court, D. New Jersey

Decided January 17, 1997No. 19-11875PublishedCited by 7 opinions

1Opinion of the Court

OPINION

NOVALYN L. WINFIELD, Bankruptcy Judge.

Before the Court is an objection by Alcon Demolition, Inc. (“Debtor” or “Alcon”), a reorganized debtor, to the revised proof of claim filed by Connecticut Indemnity Company (“Connecticut”). Connecticut has asserted claims against Alcon’s bankruptcy estate totalling $873,732.39. In its revised proof of claim, Connecticut characterizes $378,107.81 of that amount as a claim secured by the net proceeds of an arbitration award in Alcon’s favor. Alcon disputes both the amount of the claim and Connecticut’s assertion that a portion of its claim is secured…

2Cases cited20 opinions

  1. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  2. Butner v. United StatesSupreme Court of the United States · 1979
  3. Prairie State Bank v. United StatesSupreme Court of the United States · 1896
  4. Pearlman v. Reliance InsuranceSupreme Court of the United States · 1962
  5. Oneida Motor Freight, Inc. v. United Jersey BankCourt of Appeals for the Third Circuit · 1988

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3Cited by7 opinions

  1. American Home Assurance Co. v. Enron Natural Gas Marketing Corp. (In Re Enron Corp.)District Court, S.D. New York · 2004
  2. Palcsesz v. Midland Mutual Life InsuranceDistrict Court, D. New Jersey · 2000
  3. Harleysville Worcester Mutual Insurance v. Bank of America, N.A. Ex Rel. Fleet National Bank (In Re Suprema Specialties, Inc.)District Court, S.D. New York · 2007
  4. Developers Surety &, Indemnity Co. v. Bi-Tech Construction, Inc.District Court, S.D. Florida · 2013
  5. First Interregional Equity, Corp. v. First Capital Services, Inc. of Florida (In Re First Interregional Advisors Corp.)United States Bankruptcy Court, D. New Jersey · 2001

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