Legal Opinion

Ross-Viking Merchandise Corp. v. American Cyanamid Co. (In Re Ross-Viking Merchandise Corp.)

United States Bankruptcy Court, S.D. New York

Decided February 26, 1993No. 19-22107PublishedCited by 9 opinions

1Opinion of the Court

DECISION ON MOTION FOR DECLARATORY JUDGMENT THAT DEFENDANT HAS NO RIGHT OF SET OFF

HOWARD SCHWARTZBERG, Bankruptcy Judge.

American Cyanamid Company, Lederle Division (“American”), a creditor of the Chapter 11 debtor, argued that if this court rejects its setoff claim against the debtor it would result in a case of first impression. On the contrary, if this court sustains the debtor’s opposition to the asserted setoff, it would create a wrong impression, reversible on appeal. The debtor seeks to recover from American the sum of $7,500.00 for amounts that a supermarket, Waldbaums, deducted from…

2Cases cited10 opinions

  1. Bankr. L. Rep. P 73,372 in Re Nathan Davidovich and Amy Jill Davidovich, Debtors. Nathan Davidovich and Christine Jobin, Trustee v. Charles WeltonCourt of Appeals for the Tenth Circuit · 1990
  2. In Re De Laurentiis Entertainment Group Inc., a Delaware Corporation, Debtor. Carolco Television Inc. v. National Broadcasting Co.Court of Appeals for the Ninth Circuit · 1992
  3. In the Matter of the Bohack Corporation, Debtor-In-Possession. The Bohack Corporation v. Borden, Inc.Court of Appeals for the Second Circuit · 1979
  4. Western Tie & Timber Co. v. BrownSupreme Court of the United States · 1905
  5. Fisher v. Outlet Co. (In Re Denby Stores, Inc.)United States Bankruptcy Court, S.D. New York · 1988

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3Cited by9 opinions

  1. Scherling v. Hellman Electric Corp. (In Re Westchester Structures, Inc.)United States Bankruptcy Court, S.D. New York · 1995
  2. Lincoln Towers Insurance Agency, Inc. v. BoozellAppellate Court of Illinois · 1997
  3. Packaging Industries Group, Inc. v. Dennison Manufacturing Co. (In Re Sentinel Products Corp.)District Court, N.D. New York · 1996
  4. Pavarini McGovern, LLC v. Waterscape Resort LLC (In re Waterscape Resort LLC)United States Bankruptcy Court, S.D. New York · 2016
  5. Pavarini McGovern, LLC v. Waterscape Resort LLC (In re Waterscape Resort LLC)United States Bankruptcy Court, S.D. New York · 2012

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