Legal Opinion

In Re NJB Prime Investors

United States Bankruptcy Court, S.D. New York

Decided April 14, 1980No. 19-35084PublishedCited by 2 opinions

1Opinion of the Court

OPINION

ROY BABITT, Bankruptcy Judge:

This Chapter XI debtor 1 had its plan confirmed by this court on March 12, 1979. Among its creditors dealt with in that plan are the holders of subordinated debentures. 2 These 7% and 63A% debentureholders became such pursuant to separate Trust Indentures. LaSalle National Bank and Chemical Bank are the Indenture Trustees.

When these Indenture Trustees sought to recover the fees and expenses they had incurred in the Chapter XI process, they were apparently informed by the debtor’s counsel that an application would have to be filed with this court in keeping…

2Cases cited6 opinions

  1. United States v. A Motion Picture Film Entitled "I Am Curious-Yellow"Court of Appeals for the Second Circuit · 1968
  2. Lane v. Haytian Corporation of AmericaCourt of Appeals for the Second Circuit · 1941
  3. In Re FAS International, Inc.District Court, S.D. New York · 1974
  4. In the Matter of Unishops, Inc. And Middletown Center, Inc., DebtorsCourt of Appeals for the Second Circuit · 1976
  5. In Re Itemlab, Inc.District Court, E.D. New York · 1961

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3Cited by2 opinions

  1. Dr. Larry Cunningham, and Dental Leasing, Inc. v. Healthco, Inc.Court of Appeals for the Fifth Circuit · 1987
  2. Prince v. ClareDistrict Court, N.D. Illinois · 1986

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