Legal Opinion
Philadelphia Consumer Discount Co. v. Commercial Credit Business Loans, Inc. (In Re Philadelphia Consumer Discount Co.)
District Court, E.D. Pennsylvania
Decided February 14, 1984No. Civ. A. 83-4554PublishedCited by 27 opinions
1Opinion of the Court
OPINION
CAHN, District Judge.
I. PRELIMINARY STATEMENT
This is an appeal from an order of the Bankruptcy Court that denied the applieation of the debtors for authority to use cash collateral, and in addition granted the secured lender relief from the automatic stay provision of the Bankruptcy Code. I have jurisdiction over this matter pursuant to 28 U.S.C. § 1334, and will affirm the order of the Bankruptcy Court for the reasons set forth below.
II. PROCEDURAL BACKGROUND
On May 2, 1983, debtors, Philadelphia Consumer Discount Co. and its wholly owned subsidiary, Philadelphia Acceptance Corp.,…
2Cases cited26 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- Louisville Joint Stock Land Bank v. RadfordSupreme Court of the United States · 1935
- In Re Pine Lake Village Apartment Co.United States Bankruptcy Court, S.D. New York · 1982
- La Jolla Mortgage Fund v. Rancho El Cajon AssociatesUnited States Bankruptcy Court, S.D. California · 1982
- Metropolitan Life Insurance v. Monroe Park (In Re Monroe Park)District Court, D. Delaware · 1982
21 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- In re First South Savings Ass'nCourt of Appeals for the Fifth Circuit · 1987
- Bankr. L. Rep. P 71,146 in Re Snowshoe Company, Inc., Debtor. (Three Cases). Michael L. Bray, Trustee v. Shenandoah Federal Savings and Loan Association, and Ingersoll-Rand Financial Credit Corporation Monongahela Power Company Charleston Linen Service Precision Pump, Inc. Ford Motor Credit Company John Deere Industrial Equipment Company Snowshoe Summit Development Company Miscellaneous Creditors Haven Homes, Inc. Bowles, McDavid Graff & Love Law Firm Mountain State Telephone Company Remond, Anderson & Rice, Inc. Community Bank and Trust, National Association Charleston National Bank Hungry Hare, Inc. And Slope Shops, Inc., (Two Cases). Michael L. Bray, Trustee v. Ingersoll-Rand Financial Credit Corporation, and Shenandoah Federal Savings and Loan Assocation Monongahela Power Company Charleston Linen Service Precision Pump, Inc. Ford Motor Credit Company John Deere Industrial Equipment Company Snowshoe Summit Development Company Miscellaneous Creditors Haven Homes, Inc. Bowles, McDavid Graff & Love Law Firm Mountain State Telephone Company Remond Anderson & Rice, Inc. Community Bank and Trust, National Association Charleston National Bank Hungry Hare, Inc. And Slope Shops, Inc.Court of Appeals for the Fourth Circuit · 1986
- 12 Collier bankr.cas.2d 974, Bankr. L. Rep. P 70,543 in Re Ray O. Martin and Joan Y. Martin, Husband and Wife, Debtors. Ray O. Martin, A/K/A Ray A. Martin and Joan Y. Martin, Husband and Wife v. United States of America, Acting Through the Commodity Credit Corporation, an Agency of the United States Dept. Of Agriculture, Ray O. Martin, A/K/A Ray A. Martin and Joan Y. Martin, Husband and Wife v. Production Credit Association of Fargo, North Dakota, (Two Cases) in Re Curtis Norman Berg and Kathryn Yvonne Berg, Husband and Wife, Debtors. Curtis Norman Berg and Kathryn Yvonne Berg, Husband and Wife v. United States of America, Acting Through the Commodity Credit Corporation, an Agency of the United States Department of Agriculture, in Re Thomas Nikolaisen and Claudia Nikolaisen, Husband and Wife, Debtors. Thomas Nikolaisen and Claudia Nikolaisen, Husband and Wife v. United States of America, Acting Through the Commodity Credit Corporation, an Agency of the United States Department of AgricultureCourt of Appeals for the Eighth Circuit · 1985
- Celona v. Equitable National BankDistrict Court, E.D. Pennsylvania · 1989
- United States v. StelweckDistrict Court, E.D. Pennsylvania · 1989
22 more not listed; retrieve them via the Exa API.