In Re Alcon Demolition, Inc.
United States Bankruptcy Court, D. New Jersey
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
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Butner v. United StatesSupreme Court of the United States · 1979
- Prairie State Bank v. United StatesSupreme Court of the United States · 1896
- Pearlman v. Reliance InsuranceSupreme Court of the United States · 1962
- Oneida Motor Freight, Inc. v. United Jersey BankCourt of Appeals for the Third Circuit · 1988
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3Cited by7 opinions
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- Developers Surety &, Indemnity Co. v. Bi-Tech Construction, Inc.District Court, S.D. Florida · 2013
- 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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