Legal Opinion

Orsa Associates, Inc. v. MBA Financial, Inc. (In Re Orsa Associates)

United States Bankruptcy Court, E.D. Pennsylvania

Decided April 26, 1989No. 19-11714PublishedCited by 16 opinions

1Opinion of the Court

OPINION

DAVID A.. SCHOLL, Bankruptcy Judge.

A. INTRODUCTION

The parties in the instant two adversary proceedings initiated in two separate related bankruptcy cases raise a multitude of issues for our consideration. We decline to totally resolve many of them. We focus herein mainly upon the efforts of the related Debtors to undo the Defendant-factor’s extrajudicial “self-help execution” upon four pieces of real estate, given by the Debtors as security for a related entity’s factoring agreement, upon the alleged default of the factoring agreement by the related entity. We hold that the transfers…

2Cases cited45 opinions

  1. Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
  2. Newman v. Piggie Park Enterprises, Inc.Supreme Court of the United States · 1968
  3. In the Matter of Missionary Baptist Foundation of America, Inc., Debtors. Robert B. Wilson, Trustee v. Robert G. HuffmanCourt of Appeals for the Fifth Circuit · 1983
  4. United States of America on Behalf of Its Agency Internal Revenue Service v. William H. Norton, Carrie W. Norton, F/k/a Carrie A. WoodwardCourt of Appeals for the Third Circuit · 1983
  5. In Re Delores C. Brown, Debtor v. Pennsylvania State Employees Credit UnionCourt of Appeals for the Third Circuit · 1988

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3Cited by16 opinions

  1. In Re FrickerUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
  2. Najafi v. Cabrini College (In Re Najafi)United States Bankruptcy Court, E.D. Pennsylvania · 1993
  3. 718 Arch Street Associates, Ltd. v. Blatstein (In Re Main, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1997
  4. Fricker v. First Pennsylvania Bank, N.A. (In Re Fricker)United States Bankruptcy Court, E.D. Pennsylvania · 1990
  5. West Coast Video Enterprises, Inc. v. Owens (In Re West Coast Video Enterprises, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 1992

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