Legal Opinion

Lone Star Industries, Inc. v. Compania Naviera Perez Companc (In Re New York Trap Rock Corp.)

District Court, S.D. New York

Decided November 16, 1993No. 90 B 27276 to 90 B 21286, 90 B 21334 and 90 B 21335, Adv. No. 92-5403A, No. 93 Civ. 5480 (VLB)PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM ORDER

VINCENT L. BRODERICK, District Judge.

I

This bankruptcy appeal involves sale of the debtor Lone Star’s 50% interest in a series of Argentine corporations. The holder of the other 50% interest, the defendant Perez Companc, sold its share to a potential buyer at a higher price than obtained by Lone Star, to the only other interested bidder for shares in the Argentine entities. 1 Prior to this sale, Perez Companc held an advantage in bidding for Lone Star’s share because as the existing 50% owner, only it could deliver 100% of the shares involved to a third party. Only Perez…

2Cases cited9 opinions

  1. United States v. United States Gypsum Co.Supreme Court of the United States · 1978
  2. Piper v. Chris-Craft Industries, Inc.Supreme Court of the United States · 1977
  3. Great Atlantic & Pacific Tea Co. v. Federal Trade CommissionSupreme Court of the United States · 1979
  4. Borden, Inc. v. Meiji Milk Products Co., Ltd.Court of Appeals for the Second Circuit · 1990
  5. Pryor v. United States Steel Corp.Court of Appeals for the Second Circuit · 1986

4 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. NationsBank, N.A. v. MacOil, Inc. (In Re Med-Atlantic Petroleum Corp.)United States Bankruptcy Court, S.D. New York · 1999
  2. Levey v. Hamilton (In Re Teknek, LLC)United States Bankruptcy Court, N.D. Illinois · 2006
  3. Levant Line, S.A. v. Marine Enterprises Corp. (In Re Levant Line, S.A.)United States Bankruptcy Court, S.D. New York · 1994
  4. Lone Star Industries, Inc. v. Compania Naviera Perez Companc, S.A.C.F.I.M.F.A., Sudacia, S.A. (In re New York Trap Rock Corp.)Court of Appeals for the Second Circuit · 1994
  5. Henry A. Leonard & Co. v. United States Trustee (In Re River Foal, Inc.)District Court, S.D. New York · 1993

3 more not listed; retrieve them via the Exa API.

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