Legal Opinion
In the Matter of Greystone III Joint Venture, Debtor. Phoenix Mutual Life Insurance Company v. Greystone III Joint Venture
Court of Appeals for the Fifth Circuit
Decided February 27, 1992No. 90-8529PublishedCited by 165 opinions
1Opinion of the Court
EDITH H. JONES, Circuit Judge:
This appeal pits a debtor whose only significant asset is an office building in the troubled Austin, Texas real estate market against a lender who possesses a multi-mil-lion dollar lien on the property. After obtaining bankruptcy relief under Chapter 11, Greystone III proposed a “cramdown” plan of reorganization, hoping to force a write-down of over $3,000,000 on the secured lender’s note and to retain possession and full ownership of the property. Over the secured lender’s strenuous objections, the bankruptcy court confirmed the debtor’s plan. In re Greystone…
2Cases cited25 opinions
- Norwest Bank Worthington v. AhlersSupreme Court of the United States · 1988
- Pennsylvania Department of Public Welfare v. DavenportSupreme Court of the United States · 1990
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- In the Matter of Little Creek Development Company, Debtor. Little Creek Development Co. v. Commonwealth Mortgage Corp.Court of Appeals for the Fifth Circuit · 1986
- Kham & Nate's Shoes No. 2, Inc., Debtor-Appellee v. First Bank of WhitingCourt of Appeals for the First Circuit · 1990
20 more not listed; retrieve them via the Exa API.
3Cited by165 opinions
- In Re Bonner Mall Partnership, Debtor. Bonner Mall Partnership v. U.S. Bancorp Mortgage Co.Court of Appeals for the Ninth Circuit · 1993
- In the Matter of Woodbrook Associates, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1994
- Bank of New York Trust Co. v. Official Unsecured Creditors' CommitteeCourt of Appeals for the Fifth Circuit · 2009
- In Re James E. Johnston, Dba Johnston Enterprises, Debtor. Steelcase Inc. v. James E. Johnston and Unsecured Creditors' CommitteeCourt of Appeals for the Ninth Circuit · 1994
- In Re SM 104 Ltd.United States Bankruptcy Court, S.D. Florida. · 1993
160 more not listed; retrieve them via the Exa API.