Legal Opinion

Shlensky v. H. R. Weissberg Corp.

Court of Appeals for the Seventh Circuit

Decided April 25, 1969No. Nos. 17432, 17433PublishedCited by 6 opinions

1Opinion of the Court

FAIRCHILD, Circuit Judge.

Appeals from an order of the district court approving a sale in a chapter X reorganization proceeding. The appellants are bidders whose bids were rejected.

The debtor, H. R. Weissberg Corporation owns several hotels, including the Edgewater Beach Hotel at Chicago. The trustee concluded and the court decided that sale of the Edgewater Beach property other than pursuant to a plan of reorganization is appropriate. No one challenges this conclusion nor the underlying evaluation of circumstances.

The Edgewater Beach property is subject to encumbrances totalling about…

2Cases cited4 opinions

  1. Graffam v. BurgessSupreme Court of the United States · 1886
  2. In the Matters of Webcor, Inc., an Illinois Corporation, Bankrupt, Webcor Sales Company, a New Jersey Corporation, BankruptCourt of Appeals for the Seventh Circuit · 1968
  3. Reid v. KingCourt of Appeals for the Fourth Circuit · 1946
  4. Shipe v. Consumers' Service Co.Court of Appeals for the Seventh Circuit · 1928

3Cited by6 opinions

  1. In re Gil-bern Industries, Inc.Court of Appeals for the Fifth Circuit · 1975
  2. In the Matter of the Harwald Company, an Illinois Corporation, Bankrupt. Appeal of Clyde EngleCourt of Appeals for the Seventh Circuit · 1974
  3. Corporate Assets, Inc. v. PaloianCourt of Appeals for the Seventh Circuit · 2004
  4. Corporate Assets Inc v. Paloian, Gus A.Court of Appeals for the Seventh Circuit · 2004
  5. Harold Shlensky v. H. R. Weissberg Corporation and Harry A. Ash, Trustee, H. M. Rosenthal and Dunbar Builders Corporation v. H. R. Weissberg Corporation and Harry A. Ash, TrusteeCourt of Appeals for the Seventh Circuit · 1969

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