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Legal Opinion

In re Petersburg Regency LLC

United States Bankruptcy Court, D. New Jersey

Decided November 2, 2015No. Case No.: 15-17169 VFPPublishedCited by 6 opinions

1Opinion of the Court

OPINION

HONORABLE VINCENT F. PAPALIA, Bankruptcy Judge

I. INTRODUCTION

These matters come before the Court on multiple contested motions filed by certain creditors of Petersburg Regency, LLC, a Chapter 11 Debtor (the “Debtor”), and one by the Debtor. The Debtor is a nonoper-ating hotel formerly located in Virginia and irretrievably damaged by a hurricane in 2003. The issue for the Court is whether to grant the creditors’ motions to approve a settlement among them that provides for the distribution of the Debtor’s only significant asset, the insurance proceeds generated by the storm damage, under…

2Cases cited40 opinions

  1. New Hampshire v. MaineSupreme Court of the United States · 2001
  2. Scarano v. Central R. Co. Of New JerseyCourt of Appeals for the Third Circuit · 1953
  3. Petrella v. Metro-Goldwyn-Mayer, Inc.Supreme Court of the United States · 2014
  4. In Re Grant CompanyCourt of Appeals for the Second Circuit · 1983
  5. United States v. Bobby Ray McCaskey A/K/A Snake and Lionel Legard A/K/A MaxCourt of Appeals for the Fifth Circuit · 1993

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3Cited by6 opinions

  1. In re Roper & Twardowsky, LLCUnited States Bankruptcy Court, D. New Jersey · 2016
  2. 18W HOLDINGS, INC. v. SING FOR SERVICE, LLCDistrict Court, D. New Jersey · 2021
  3. Charles Eric KernUnited States Bankruptcy Court, D. New Jersey · 2021
  4. In re JohnsonUnited States Bankruptcy Court, C.D. California · 2017
  5. KRUSE v. JP MORGAN CHASE BANK, N.A.District Court, D. New Jersey · 2024

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