Legal Opinion
In Re Lloyd McKee Motors, Inc.
United States Bankruptcy Court, D. New Mexico
Decided July 20, 1993No. 19-10281PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM OPINION
MARK B. McFEELEY, Chief Judge.
This matter is before the Court to determine whether the claim of a creditor against a debtor who is “jointly and sever ally liable” as the guarantor of a debt in default should be reduced for voting purposes because the primary obligation is a secured claim in a separate bankruptcy case that could reduce the amount owed sometime in the future. Having considered the arguments of counsel, case law, and memoranda of law submitted by the parties, and being otherwise fully informed and advised, the Court finds the full amount of this defaulted debt…
2Cases cited8 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Joe Heaston Tractor & Implement Company, a New Mexico Corporation v. Securities Acceptance Corporation, a Delaware CorporationCourt of Appeals for the Tenth Circuit · 1957
- Sunwest Bank of Clovis, N.A. v. GarrettNew Mexico Supreme Court · 1992
- Economy Rentals, Inc. v. GarciaNew Mexico Supreme Court · 1991
- Matter of Elsub Corp.United States Bankruptcy Court, D. New Jersey · 1986
3 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- In Re Brooklyn Resource Recovery, Inc.United States Bankruptcy Court, E.D. New York · 1997
- In Re Smtc Mfg. of TexasUnited States Bankruptcy Court, W.D. Texas · 2009
- Ingalls v. SMTC Corp. (In re SMTC Manufacturing)United States Bankruptcy Court, W.D. Texas · 2009
- Gregory Paul SofioUnited States Bankruptcy Court, D. New Mexico · 2022