Legal Opinion
Lopa v. Selgar Realty Corp. (In Re Selgar Realty Corp.)
United States Bankruptcy Court, E.D. New York
Decided March 30, 1988No. 1-19-40819PublishedCited by 11 opinions
1Opinion of the Court
DECISION AND ORDER
CONRAD B. DUBERSTEIN, Chief Judge.
Before the court is an adversary proceeding seeking specific performance of an alleged contract for the sale of certain real property owned by the defendant-debtor. For the reasons stated below this court holds: (1) the writing does not satisfy the necessary requisites for an enforceable contract under New York State Law; and (2) the alleged sale falls outside the ordinary course of business and is void without prior approval of the bankruptcy court.
FACTS
Selgar Realty Corporation (“Selgar”), the debtor herein, filed a petition for relief…
2Cases cited11 opinions
- Read v. HenzelAppellate Division of the Supreme Court of the State of New York · 1979
- Birnhak v. VaccaroAppellate Division of the Supreme Court of the State of New York · 1975
- Aceste v. WiebuschAppellate Division of the Supreme Court of the State of New York · 1980
- Boyajian v. CaseyAppellate Division of the Supreme Court of the State of New York · 1976
- In Re Fountain Bay Min. Co., Inc.United States Bankruptcy Court, W.D. Virginia · 1985
6 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Wells Fargo Bank Northwest, N.A. v. RPK Capital XVI, L.L.C., Texas Court of Appeals, 5th District (Dallas)2012
- Indian Motocycle Associates, Inc. v. Drexel Burnham Lambert Group, Inc. (In Re Drexel Burnham Lambert Group, Inc.)District Court, S.D. New York · 1993
- In Re NextWave Personal Communications Inc.United States Bankruptcy Court, S.D. New York · 2000
- United States Ex Rel. Harrison v. Estate of Deutscher (In Re H & S Transportation Co.)District Court, M.D. Tennessee · 1990
- In Re AltmanUnited States Bankruptcy Court, D. Connecticut · 1999
6 more not listed; retrieve them via the Exa API.