In Re Philadelphia Light Supply Co.
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
OPINION
EMIL F. GOLDHABER, Bankruptcy Judge.
The issue in the controversy at bench is whether we should grant the motion of the creditors’ committee for leave to commence a preference action against the president and sole shareholder of the debtor in possession. For the reasons expressed herein we will grant the motion.
The facts of this case are as follows: 1 Approximately two years ago Philadelphia Light Supply Co. (“the debtor in posses sion”), filed a petition for reorganization under chapter 11 of the Bankruptcy Code (“the Code”)- On March 30, 1984, the creditors’ committee commenced a…
2Cases cited15 opinions
- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
- Committee of Unsecured Creditors v. Monsour Medical Center (In Re Monsour Medical Center)United States Bankruptcy Court, W.D. Pennsylvania · 1980
- Official Committee of Unsecured Creditors of Joyanna Holitogs, Inc. v. I. Hyman Corp. (In Re Joyanna Holitogs, Inc.)United States Bankruptcy Court, S.D. New York · 1982
- Unsecured Creditors' Committee v. Farmers Savings Bank (In Re Toledo Equipment Co.)United States Bankruptcy Court, N.D. Ohio · 1983
- Official Creditors' Committee of the Wesco Products Co. Ex Rel. Wesco Products Co. v. Alloy Automotive Co. (In Re Wesco Products Co.)United States Bankruptcy Court, N.D. Illinois · 1982
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3Cited by19 opinions
- Louisiana World Exposition v. Federal Insurance CompanyCourt of Appeals for the Fifth Circuit · 1988
- 15 Collier bankr.cas.2d 563, Bankr. L. Rep. P 71,437 in Re McKeesport Steel Castings Company. In Re McKeesport Steel Castings Company, Debtor. Equitable Gas Co. v. Equibank N.A., Condec Corporation. Appeal of Equitable Gas Company, a Division of Equitable Resources, Inc., MovantCourt of Appeals for the Third Circuit · 1986
- Hansen v. Finn (In Re Curry & Sorensen, Inc.)United States Bankruptcy Appellate Panel for the Ninth Circuit · 1986
- Schwartz v. Kursman (In Re Harry Levin, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1994
- Boyd v. Dock's Corner Associates (In Re Great Northern Forest Products, Inc.)United States Bankruptcy Court, W.D. Michigan · 1991
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