Legal Opinion
Official Committee of Unsecured Creditors of Great Lakes Quick Lube, L.P. v. T.D. Investments I, LLP (In re Great Lakes Quick Lube Ltd. Partnership)
United States Bankruptcy Court, E.D. Wisconsin
Decided April 13, 2015No. Case No. 12-24163-svk; Adv. No. 13-2709Published
1Opinion of the Court
MEMORANDUM DECISION
Susan V. Kelley, Chief U.S. Bankruptcy Judge
The Official Committee of Unsecured Creditors of Great Lakes Quick Lube, L.P. (the “Committee”) brought this action against T.D. Investments I, LLP (“T.D.”) seeking to avoid a lease termination transaction as a preference or fraudulent transfer. The Committee’s standing to pursue these claims is grounded in the confirmed Chapter 11 plan of Great Lakes Quick Lube Limited Partnership (the “Debtor”).
FACTS
In the lease termination agreement, the Debtor agreed to relinquish its leasehold interests in five oil change stores. (Sublease…
2Cases cited8 opinions
- Morales v. Trans World Airlines, Inc.Supreme Court of the United States · 1992
- Gerald W. Moody, and Jermoo's Incorporated, Debtors-In-Possession, Plaintiffs v. Amoco Oil CompanyCourt of Appeals for the Seventh Circuit · 1984
- In the Matter of Commodity Merchants, Inc., Bankrupt. Harper C. Allan, as Trustee in Bankruptcy v. Archer-Daniels-Midland Co.Court of Appeals for the Seventh Circuit · 1976
- Creditors' Committee for Jermoo's Inc. v. Jermoo's Inc. (In Re Jermoo's Inc.)United States Bankruptcy Court, W.D. Wisconsin · 1984
- 718 Arch Street Associates, Ltd. v. Blatstein (In Re Blatstein)District Court, E.D. Pennsylvania · 1998
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