State Street Bank & Trust Co. v. Elmwood, Inc. (In Re Elmwood, Inc.)
District Court, D. Nevada
1Opinion of the Court
OPINION
PRO, District Judge.
State Street Bank and Trust Company (“State Street”) appeals the confirmation of the Debtor’s plan of reorganization under Chapter 11. After obtaining bankruptcy relief under Chapter 11, the debtor-in-possession, Elmwood, Inc. (“Elmwood”), proposed a “cramdown” plan of reorganization (the “Plan”), which would forcé a writedown on the secured lender’s note and allow Elmwood to retain possession and ownership of the property. Despite objections from State Street, Elmwood’s largest creditor, the Bankruptcy Court confirmed the Plan. State Street asserts the Bankruptcy…
2Cases cited23 opinions
- U.S. Bancorp Mortgage Co. v. Bonner Mall PartnershipSupreme Court of the United States · 1994
- National Labor Relations Board v. Bildisco & BildiscoSupreme Court of the United States · 1984
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- In Re Bonner Mall Partnership, Debtor. Bonner Mall Partnership v. U.S. Bancorp Mortgage Co.Court of Appeals for the Ninth Circuit · 1993
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- In Re Haskell Dawes, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1996
- In Re Equitable Development Corp.United States Bankruptcy Court, S.D. Alabama · 1996
- Liberty National Enterprises v. Ambanc La Mesa Ltd. Partnership (In re Ambanc La Mesa Ltd. Partnership)Court of Appeals for the Ninth Circuit · 1997
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