Legal Opinion

In Re Jason Realty, L.P., Debtor. First Fidelity Bank, N.A. v. Jason Realty, L.P., Jason Realty, L.P. v. First Fidelity Bank, N.A

Court of Appeals for the First Circuit

Decided August 4, 1995No. 94-5691, 95-5133PublishedCited by 54 opinions

1Opinion of the Court

OPINION OF THE COURT

ALDISERT, Circuit Judge.

These consolidated appeals arise out of the bankruptcy of Jason Realty, L.P., a single-asset, New Jersey limited partnership that owns and operates a two-story retail and office building. On this property, First Fidelity Bank, N.A., holds a note, a mortgage, and an assignment of rents. At issue here is the assignment agreement, which assigned the rents, income and profits from the property to the bank, but granted Jason Realty the privilege to collect the rents until the event of default. Jason Realty defaulted pri- or to filing its Chapter 11…

2Cases cited18 opinions

  1. Butner v. United StatesSupreme Court of the United States · 1979
  2. United Sav. Assn. of Tex. v. Timbers of Inwood Forest Associates, Ltd.Supreme Court of the United States · 1988
  3. Commerce Bank Harris Savings Association v. Mountain View Village, Inc. Property Management, Inc., Mountain View Village, Inc.Court of Appeals for the Third Circuit · 1993
  4. Aronsohn v. MandaraSupreme Court of New Jersey · 1984
  5. Eisen v. KostakosNew Jersey Superior Court Appellate Division · 1971

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3Cited by54 opinions

  1. In Re: Manuel Ferandos, Debtor 1 St 2 Nd Mortgage Co. Of Nj, Inc. v. Manuel FerandosCourt of Appeals for the Third Circuit · 2005
  2. Sovereign Bank v. SchwabCourt of Appeals for the Third Circuit · 2005
  3. Wachovia Bank National Ass'n v. EnCap Golf Holdings, LLCDistrict Court, S.D. New York · 2010
  4. In re South Side House, LLCUnited States Bankruptcy Court, E.D. New York · 2012
  5. In Re Buttermilk Towne Center, LLCBankruptcy Appellate Panel of the Sixth Circuit · 2010

49 more not listed; retrieve them via the Exa API.

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