Legal Opinion
First Seneca Bank v. Electralloy Corp. (In Re Old Electralloy Corp.)
United States Bankruptcy Court, W.D. Pennsylvania
Decided November 19, 1991No. 19-20566PublishedCited by 5 opinions
1Opinion of the Court
OPINION
WARREN W. BENTZ, Bankruptcy Judge.
Background
On January 29, 1991, Electralloy Corporation (“Debtor”) filed a voluntary Petition under Chapter 7 of the Bankruptcy Code. Richard W. Roeder, Esq. was appointed as Chapter 7 Trustee (“Trustee”). The Trustee has operated the Debtor’s business and sold it as a going concern, excluding the two parcels of real estate here in question.
The matter presently before the Court is the Motion of First Seneca Bank (the “Bank”) for relief from stay and for adequate protection which was filed on February 19, 1991. The Bank holds a first mortgage on each of…
2Cases cited6 opinions
- Charles R. Peterson, in No. 80-2662 v. Crown Financial Corporation, a Corporation, in No. 80-2663Court of Appeals for the Third Circuit · 1981
- Yoder v. T. F. Scholes, Inc.Supreme Court of Pennsylvania · 1961
- Western Pennsylvania National Bank v. Peoples Union Bank & Trust Co.Supreme Court of Pennsylvania · 1970
- In Re ShapiroUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
- Hill v. Southeast Bank, N.A. (In Re Continental Country Club, Inc.)United States Bankruptcy Court, M.D. Florida · 1989
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3Cited by5 opinions
- GE Capital Mortgage Services, Inc. v. Pinnacle Mortgage Investment Corp.District Court, E.D. Pennsylvania · 1995
- Chiodetti v. First Lake Corp. (In Re Chiodetti)United States Bankruptcy Court, D. Massachusetts · 1994
- Debral Realty, Inc. v. Marlborough Cooperative BankMassachusetts Appeals Court · 1999
- In Re MoranUnited States Bankruptcy Court, D. Massachusetts · 1994
- Manufacturers & Traders Trust Co. v. Walsh (In Re Burkett)United States Bankruptcy Court, W.D. Pennsylvania · 2003