Legal Opinion

PCH Associates v. Liona Corp. N v. (In Re PCH Associates)

United States Bankruptcy Court, S.D. New York

Decided November 25, 1985No. 19-10036PublishedCited by 17 opinions

1Opinion of the Court

DECISION AND ORDER ON DEBTOR’S MOTION FOR DECLARATORY JUDGMENT

BURTON R. LIFLAND, Bankruptcy Judge.

This adversary proceeding in the form of a request for declaratory relief was instituted to obtain a judicial determination of the nature of, and the obligations created under, an agreement that was sharply tailored by sophisticated parties to achieve their various real estate taxation and investment goals. In short, a real estate deal was conceived and structured to acquire the land and building of what is described as the largest hotel in Philadelphia, Pennsylvania, from its sole owner.

Procedura…

2Cases cited25 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  3. Gianni v. Russell Co., Inc.Supreme Court of Pennsylvania · 1924
  4. Auten v. AutenNew York Court of Appeals · 1954
  5. Waldman v. ShoemakerSupreme Court of Pennsylvania · 1951

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3Cited by17 opinions

  1. In Re Pch Associates, F/k/a Simon Associates, Debtor. Liona Corporation, N v. V. Pch AssociatesCourt of Appeals for the Second Circuit · 1986
  2. In Re Chateaugay Corp.United States Bankruptcy Court, S.D. New York · 1989
  3. In Re Chateaugay CorporationCourt of Appeals for the Second Circuit · 1992
  4. In Re Valley Forge Plaza AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
  5. PSINet, Inc. v. Cisco Systems Capital Corp. (In Re PSINet, Inc.)United States Bankruptcy Court, S.D. New York · 2001

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