Legal Opinion

In re Gen. Aeronautics Corp.

United States Bankruptcy Court, D. Utah

Decided December 4, 2018No. Bankruptcy Number: 17-28510PublishedCited by 10 opinions

1Opinion of the Court

R. KIMBALL MOSIER, U.S. Bankruptcy Judge

General Aeronautics Corporation and other related companies have tried to build and market gyroplanes for over 30 years, but business has not been easy. Funding shortfalls have been common, and the company could not afford to pay employees their full compensation for significant stretches of time. When the last shortfall hit in early 2015, many of its remaining employees resigned or were laid off. The company received new funding in late 2016, and word spread among the former employees and creditors, who joined together to consider their options. On…

2Cases cited51 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
  3. Dewsnup v. TimmSupreme Court of the United States · 1992
  4. Travelers Casualty & Surety Co. of America v. Pacific Gas & Electric Co.Supreme Court of the United States · 2007
  5. Ransom v. FIA Card Services, N. A.Supreme Court of the United States · 2011

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3Cited by10 opinions

  1. Montana Department of Revenue v. Timothy BlixsethCourt of Appeals for the Ninth Circuit · 2019
  2. In re: Betteroads Asphalt LLC; In re: Bettercycling CorporationUnited States Bankruptcy Court, D. Puerto Rico · 2019
  3. In re: Legacy Exploration, LLCUnited States Bankruptcy Court, N.D. Texas · 2026
  4. JTG Ventures, LLCUnited States Bankruptcy Court, N.D. Oklahoma · 2023
  5. Manolo Blahnik USA, Ltd.United States Bankruptcy Court, S.D. New York · 2020

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