Oppenheimer & Co. v. Ricker (In re Ricker)
United States Bankruptcy Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM
ERIC L. FRANK, Bankruptcy Judge.
I. INTRODUCTION
In November 2008, Oppenheimer & Co. Inc. (“Oppenheimer”) hired Gregory Rick-er (“the Debtor”) as a stockbroker. As is customary in the securities industry, Oppenheimer extended to the Debtor a substantial hiring “bonus” in the form of a forgivable loan (“the Oppenheimer Loan”). The Oppenheimer Loan was for $349,652.00. The loan agreement provided that the principal amount would be discharged in increments over five (5) years so long as the Debtor remained employed with Oppenheimer, but obligated the Debt- or to immediately repay the…
2Cases cited17 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Field v. MansSupreme Court of the United States · 1995
- Harold W. McClellan v. Bobbie Darrell CantrellCourt of Appeals for the Seventh Circuit · 2000
- In Re David Louis Cohn, Debtor. Insurance Company of North America v. David Louis CohnCourt of Appeals for the Third Circuit · 1995
- Mellon Bank, N.A. v. Vitanovich (In Re Vitanovich)Bankruptcy Appellate Panel of the Sixth Circuit · 2001
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3Cited by15 opinions
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- American Asset Finance, LLC v. Feldman (In re Feldman)United States Bankruptcy Court, E.D. Pennsylvania · 2014
- American Asset Finance, LLC v. Feldman (In re Feldman)United States Bankruptcy Court, E.D. Pennsylvania · 2013
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