In Re Micro-Acoustics Corp.
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
DECISION ON OBJECTIONS TO CONFIRMATION
HOWARD SCHWARTZBERG, Bankruptcy Judge.
An allegedly “frozen out” shareholder of the Chapter 11 debtor, Micro-Acoustics, Corp., whose shares the debtor corporation elected to repurchase pursuant to state law, filed a claim which includes the value of such shares and then objected to confirmation of the debtor’s plan which provides that such claim should be subordinated to those of the general unsecured creditors.
FINDINGS OF FACT
1. At the time of the filing of the corporate debtor’s petition for relief under Chapter 11 of the Bankruptcy Code, 11 U.S.C. §§…
2Cases cited10 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc.Court of Appeals for the Fifth Circuit · 1977
- In the Matter of Multiponics, Incorporated, Bankrupt. MacHinery Rental, Inc. And Carl Biehl v. William W. Herpel, TrusteeCourt of Appeals for the Fifth Circuit · 1980
- Stirling Homex Corporation v. RaichleCourt of Appeals for the First Circuit · 1978
- Newton Nat. Bank v. NewbeginCourt of Appeals for the Eighth Circuit · 1896
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3Cited by6 opinions
- In Re the Prudential Energy Co.United States Bankruptcy Court, S.D. New York · 1986
- In Re Crosscreek Apartments, Ltd.United States Bankruptcy Court, E.D. Tennessee · 1997
- In Re Dino & Artie's Automatic Transmission Co.United States Bankruptcy Court, S.D. New York · 1986
- In Re Chateaugay Corp.District Court, S.D. New York · 1989
- In Re Medical Equities, Inc.United States Bankruptcy Court, S.D. Ohio · 1987
1 more not listed; retrieve them via the Exa API.