Legal Opinion
Riley v. Tencara, LLC (In Re Wolverine, Proctor & Schwartz, LLC)
United States Bankruptcy Court, D. Massachusetts
Decided May 4, 2011No. 19-10870PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM
JOAN N. FEENEY, Bankruptcy Judge.
I. INTRODUCTION
The issues before the Court are whether the Defendant, Tencara, LLC (“Tencara”) is entitled to the default rate of interest set forth in its Secured Promissory Note (the “Note”), and, if so, the date from which the default rate of interest should accrue. For the reasons set forth below, the Court finds that Tencara is entitled to default interest and that the default interest should accrue from 30-days after the last business day of June 2006 pursuant to paragraphs 2.2 and 4.1(a) of the Note.
II. BACKGROUND
On January 21, 2011, this…
2Cases cited19 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Till v. SCS Credit Corp.Supreme Court of the United States · 2004
- Continental Illinois Securities Litigation v. Continental Illinois CorporationCourt of Appeals for the Seventh Circuit · 1992
- In the Matter of Wayne M. Laymon, Debtor. Theron Bradford, Trustee v. James Crozier, TrusteeCourt of Appeals for the Fifth Circuit · 1992
- In the Matter of TERRY LIMITED PARTNERSHIP, Debtor. Appeal of INVEX HOLDINGS, N.V.Court of Appeals for the Seventh Circuit · 1994
14 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- In Re SW Hotel Venture, LLCUnited States Bankruptcy Court, D. Massachusetts · 2011
- Prudential Insurance Co. of America v. City of Boston (In re SW Boston Hotel Venture, LLC)Bankruptcy Appellate Panel of the First Circuit · 2012