Legal Opinion
Chittenden Trust Co. v. Sebert Lumber Co. (In Re Vermont Toy Works, Inc.)
District Court, D. Vermont
Decided December 17, 1991No. Civ. A. 88-44PublishedCited by 27 opinions
1Opinion of the Court
OPINION
GAGLIARDI, Senior District Judge.
Chittenden Trust Company (“Chitten-den”) appeals the decision of the Honorable Francis Conrad, Bankruptcy Judge, dated December 23, 1987, concerning bankruptcy debtor Vermont Toy Works, Inc. (“Debt- or”). See In re Vermont Toy Works, Inc., 82 B.R. 258 (Bankr.D.Vt.1987). In that decision the court applied the doctrine of marshaling of assets. Under the marshaling order, Chittenden was directed to satisfy its notes with Debtor from the personal guarantees and personal assets of Debtor’s shareholder and corporate officers and not from its secured interest…
2Cases cited41 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Meyer v. United StatesSupreme Court of the United States · 1963
- Barnett v. SternCourt of Appeals for the Seventh Circuit · 1990
- Carlton v. Baww, Inc.Court of Appeals for the Fifth Circuit · 1985
36 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Kittay v. Atlantic Bank (In Re Global Service Group LLC)United States Bankruptcy Court, S.D. New York · 2004
- Agway, Inc. v. BrooksSupreme Court of Vermont · 2001
- Official Committee of Unsecured Creditors of America's Hobby Center, Inc. v. Hudson United Bank (In Re America's Hobby Center, Inc.)United States Bankruptcy Court, S.D. New York · 1998
- Galey & Lord Inc. v. Arley Corp. (In Re Arlco, Inc.)United States Bankruptcy Court, S.D. New York · 1999
- Glinka v. Abraham and Rose Company Ltd.District Court, D. Vermont · 1996
22 more not listed; retrieve them via the Exa API.