Legal Opinion
In Re Oyster Bay Cove, Ltd.
United States Bankruptcy Court, E.D. New York
Decided December 8, 1993No. 8-19-70769PublishedCited by 21 opinions
1Opinion of the Court
DOROTHY EISENBERG, Bankruptcy Judge.
This matter comes before the Court upon the application of Kenneth P. Silverman, the Chapter 7 Trustee (the “Trustee”) to retain as liquidated damages a deposit by the highest bidder at a Trustee’s auction sale of the Debtor’s real property based upon the bidder’s failure to consummate the sale.
FACTS AND BACKGROUND
Oyster Bay Cove, Ltd. (“Debtor”) filed a voluntary petition pursuant to Chapter 7 of the Code on November 21,1990. Kenneth P. Silverman was appointed to serve as trustee (“Trustee”).
By Order dated June 6, 1991, the Court approved the Trustee’s…
2Cases cited20 opinions
- Singleton v. WulffSupreme Court of the United States · 1976
- United States v. ITT Continental Baking Co.Supreme Court of the United States · 1975
- In the Matter of Met-L-Wood Corporation, Debtor. Appeal of Constantine John Gekas, Trustee. Constantine John Gekas, Trustee v. Frederick L. PipinCourt of Appeals for the Seventh Circuit · 1988
- Slaughter's Administrator v. GersonSupreme Court of the United States · 1872
- In the Matter of Barbara Garfinkle, Bankrupt. Arthur Dooley, Trustee, and Penthouse International, Ltd. v. Kenneth J. Weil, Trustee in BankruptcyCourt of Appeals for the Eleventh Circuit · 1982
15 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- SKYLINE WOODS HOMEOWNERS v. BroekemeierNebraska Supreme Court · 2008
- Canzano v. Ragosa (In Re Colarusso)United States Bankruptcy Court, D. Massachusetts · 2002
- In Re Silver Bros. Co., Inc.United States Bankruptcy Court, D. New Hampshire · 1995
- Balaber-Strauss v. Markowitz (In Re Frankel)United States Bankruptcy Court, S.D. New York · 1995
- LTV Aerospace & Defense Co. v. Thomson-CSF, S.A. (In Re Chateaugay Corp.)United States Bankruptcy Court, S.D. New York · 1995
16 more not listed; retrieve them via the Exa API.