Legal Opinion

In Re 680 Fifth Avenue Associates

United States Bankruptcy Court, S.D. New York

Decided April 28, 1993No. 19-22482PublishedCited by 9 opinions

1Opinion of the Court

CORRECTED TEXT OF BENCH RULING DELIVERED ON FEBRUARY 22, 1993 ON MOTION TO PAY PROFESSIONALS’ FEES PURSUANT TO EQUITIES EXCEPTION OF SECTION 552(B)

TINA L. BROZMAN, Bankruptcy Judge.

Today’s dispute, in this most contentious of cases, is illustrative of the problems a debtor-in-possession faces when its relationship with a secured creditor sours and it has no other source of funds from which to compensate professionals. Here, the debtors seek authority to pay, at some point in the future, subject, of course, to applications for compensation, the professional fees of Proskauer Rose Goetz &…

2Cases cited11 opinions

Butner v. United StatesSupreme Court of the United States · 1979
In the Matter of Trim-X, Inc., Debtor. Appeal of Maurice Levine, Trustee in BankruptcyCourt of Appeals for the Seventh Circuit · 1983
In Re Flagstaff Foodservice CorporationCourt of Appeals for the Second Circuit · 1984
In Re Chicago Lutheran Hospital Ass'nUnited States Bankruptcy Court, N.D. Illinois · 1988
In Re Wabash Valley Power Ass'n Inc.United States Bankruptcy Court, S.D. Indiana · 1987

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

3Cited by9 opinions

In Re Addison Properties Ltd. PartnershipUnited States Bankruptcy Court, N.D. Illinois · 1995
Omni Partners, L.P. v. Pudgie's Dev. of NY, Inc. (In Re Pudgie's Development of NY, Inc.)District Court, S.D. New York · 1999
In Re Gramercy Twins AssociatesUnited States Bankruptcy Court, S.D. New York · 1995
WHBA Real Estate Ltd. Partnership v. Lafayette Hotel Partnership (In Re Lafayette Hotel Partnership)District Court, S.D. New York · 1998
In Re SpeirUnited States Bankruptcy Court, N.D. Alabama · 1995

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