Legal Opinion

In Re Vanguard Diversified, Inc.

United States Bankruptcy Court, E.D. New York

Decided June 28, 1983No. 8-19-70979PublishedCited by 17 opinions

1Opinion of the Court

DECISION

C. ALBERT PARENTE, Bankruptcy Judge.

Debtor-in-possession, Vanguard Diversified, Inc., (hereinafter “Vanguard”) seeks the court’s approval of a certain proposed financing order, which provides inter alia for the cross-collateralization of its present and future indebtedness to Bank Leumi Trust Company of New York (hereinafter “Bank Leumi”). After a hearing on notice to Vanguard’s twenty largest creditors, the court reserved decision.

FACTUAL CONTEXT

On June 21, 1983, Vanguard filed a petition for reorganization under Chapter 11 of the Bankruptcy Code, and has been continued in the…

2Cases cited4 opinions

  1. In Re Texlon CorporationCourt of Appeals for the Second Circuit · 1979
  2. McCain Foods, Inc. v. Flagstaff Foodservice Co. (In Re Flagstaff Foodservice Corp.)United States Bankruptcy Court, S.D. New York · 1981
  3. Borne Chemical Co. v. Lincoln First Commercial Corp. (In Re Borne Chemical Co.)United States Bankruptcy Court, D. New Jersey · 1981
  4. In Re General Oil Distributors, Inc.United States Bankruptcy Court, E.D. New York · 1982

3Cited by17 opinions

  1. In Re Adams Apple, Inc., Debtor. Robert C. Burchinal, Donald G. Ott, Meton G. Raine, Karen O. Raine, John Ruud, Richard H. Mason, Phyllis Mason, Richard Floren, Rachel Floren, Kenneth R. Irwin, Sharon Irwin, Richard J. Willsey and Cheri Ann Willsey, Plaintiffs v. Central Washington Bank, Bank of California v. Central Washington BankCourt of Appeals for the Ninth Circuit · 1987
  2. In The Matter Of Saybrook Manufacturing Co., Inc.Court of Appeals for the Eleventh Circuit · 1992
  3. In Re Beker Industries Corp.United States Bankruptcy Court, S.D. New York · 1986
  4. In Re Ames Department Stores, Inc.United States Bankruptcy Court, S.D. New York · 1990
  5. In Re B & W Tractor Co., Inc.United States Bankruptcy Court, E.D. North Carolina · 1984

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