Legal Opinion
Hassett v. Sprague Electric Co. (In Re O.P.M. Leasing Services, Inc.)
United States Bankruptcy Court, S.D. New York
Decided June 6, 1983No. 19-22564PublishedCited by 11 opinions
1Opinion of the Court
DECISION ON TRUSTEE’S MOTION AND SPRAGUE’S CROSSMOTION FOR SUMMARY JUDGMENT
BURTON R. LIFLAND, Bankruptcy Judge.
The instant litigation pits the reorganization Bankruptcy Trustee (“the Trustee”) of O.P.M. Leasing Services, Inc. (“OPM”) against one of OPM’s customers. OPM, an acronym for Other People’s Money, was the vehicle for one of the largest frauds in history. For further background information detailing the complexity, ingenuity, economic imperatives and often bizarre nature of the various OPM transactions including the ones in question here, see the Trustee’s Report filed with this Court…
2Cases cited13 opinions
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- Segal v. RochelleSupreme Court of the United States · 1966
- United States v. Whiting Pools, Inc.Court of Appeals for the Second Circuit · 1982
- In Re Shoppers Paradise, Inc.United States Bankruptcy Court, S.D. New York · 1980
- First National Bank of Louisville v. Hurricane Elkhorn Coal Corp. II (In Re Hurricane Elkhorn Coal Corp. II)United States Bankruptcy Court, W.D. Kentucky · 1982
8 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Endico Potatoes, Inc. v. CIT Group/Factoring, Inc.Court of Appeals for the Second Circuit · 1995
- In Re Navigation Technology Corporation, Debtor. Victor W. Dahar, Trustee v. Raytheon CompanyCourt of Appeals for the First Circuit · 1989
- Endico Potatoes, Inc. v. Cit Group/Factoring, Inc.Court of Appeals for the Second Circuit · 1995
- Matter of OPM Leasing Services, Inc.United States Bankruptcy Court, S.D. New York · 1987
- In Re Storage Technology Corp.United States Bankruptcy Court, D. Colorado · 1985
6 more not listed; retrieve them via the Exa API.